<p>
Here’s the most recent data:
[Gain</a> In Manufacturing; Drop In Construction : The Two-Way : NPR](<a href=“Gain In Manufacturing; Drop In Construction : The Two-Way : NPR”>Gain In Manufacturing; Drop In Construction : The Two-Way : NPR)</p>
<p>“The Census Bureau says construction spending fell 2.5 percent in December from November and was down 6.4 percent from December 2009.”</p>
<p>
Of course. But who’s likely to be better off, a lazy civil engineering grad from 2006 who at least got money and work experience before being laid off, or a hardworking civil engineering grad from 2009 who probably still can’t find any work related to his major?</p>
<p>The construction industry will get back to normal one day. But even if the industry starts booming tomorrow, companies would rather hire a 2011 grad than a 2009 grad.</p>
<p>Disclosure: I haven’t graduated yet, so I’m not bitter. However, I do pity those who had the misfortune of graduating in 2009 or in 2010.</p>