Sandy to Boost Construction Jobs as Rebuilding Spurred

Demand for construction workers and materials is likely to receive a boost as homeowners in coastal areas of New York and New Jersey rebuild after their properties were devastated by flooding and heavy winds.

“It’s the most adverse way you ever want to see positive growth,” Tom Jeffery, chief hazard scientist for CoreLogic Inc., said in a telephone interview. “But a high percent of damaged properties are going to be repaired.”