Federal and state governments should prioritize funding for construction training, and the private sector ought to create ...
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Construction labor crunch drives up costs and deepens America’s housing affordability crisis
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 ...
As Baby Boomer retirements create a skilled labor gap, Gen Z is emerging as the “Toolbelt Generation.” Construction employers ...
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 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 ...
WASHINGTON, DC — The construction industry had 236,000 job openings on the last day of January, according to an Associated Builders and Contractors analysis of data released March 11 in the US Bureau ...
Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. It goes without saying that we're in the midst of a labor shortage. Data from the U.S.
The construction industry is known for its complex and fluctuating costs. To effectively budget for a construction project, it’s essential to consider all the different labor costs. Here are some ...
It’s no secret that the world is rapidly urbanizing. People are flocking to cities around the globe that do not have enough buildings or infrastructure to support them. Builders can’t keep up.
As homebuying reaches a fevered pitch across the U.S., contractors in New York and several other states are facing the most severe shortage of skilled construction labor since the Great Recession.
As a record construction boom collides with chronic labor shortages, the U.S. construction industry is more reliant on ...
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