Labor shortfall in construction industry resulted in 19,000 fewer homes built in 2024 and $10.8 billion economic hit, ...
Construction laborers can have a wide range of physical labor tasks on construction sites include digging holes, mixing concrete, cleaning and preparing jobsites, erecting scaffolding and even ...
The construction labor shortage over the past few years has deepened to a point that is impossible to ignore. At least 80% of contractors struggle to fill hourly positions for craft workers, a new ...
The construction industry is facing a perfect storm in the labor arena. Not only is it harder to find workers, but employers are having to pay those they do hire – many underqualified – steadily ...
The U.S. construction industry needs to attract an estimated 546,000 additional workers on top of the normal pace of hiring in 2023 to meet demand for labor, according to a model developed by ...
Despite losing 61,000 jobs on net in February, labor market tightness is set to rear its ugly head again in construction as the industry continues its post-pandemic recovery. According to the 2020 ...
In the post-COVID world of construction, industry analysts and participants have focused considerable attention on material price escalation concerns and impacts caused by raw material shortages, ...
Construction labor has long faced a generational challenge finding enough skilled workers. But the second half of 2022 may see that long-term problem really take its toll as inflation, federal ...