Fundamental changes in the U.S. construction labor market have occurred affecting costs, availability, capabilities and ...
The Associated Builders and Contractors said the industry will need to bring in 456,000 new workers in 2027, up 30.7% from the 349,000 needed this year.
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.
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 ...
Chris Coleman is partner-in-charge of St. Louis-based accounting firm RubinBrown’s Construction Services Group. Opinions are the author’s own. In an already tight construction labor market, raids by U ...
Wages have skyrocketed for construction workers since the start of last year, far outpacing the steady wage growth for all workers over the same period, as clear a signal as any of the depth of labor ...
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 ...
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.
U.S. contractors had 231,000 open positions on the last day of January, according to the Bureau of Labor Statistics.
The men in hardhats compacting fake stone, pouring concrete and handling other jobs on the Museum of Fine Arts, Houston work site typically are paired up based on experience levels. Thus, a 20-year ...
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 ...
In the feverish haze of the hottest summer on record, construction workers in Texas found out they soon will no longer be guaranteed mandated water breaks. In Florida, undocumented workers are subject ...
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