Your source for construction industry news in the Carolinas
The construction industry supported 412,000 job openings in February, according to an Associated Builders and Contractors analysis of data from the U.S. Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey. JOLTS defines a job opening as any unfilled position for which an employer is actively recruiting. Industry job openings increased by 129,000 last…
Associated Builders and Contractors today blasted President Biden’s executive order that encourages the use of controversial project labor agreement mandates on federal construction projects that are funded by taxpayers. “President Biden’s new policy will not help America ‘Build Back Better;’ instead, it will exacerbate the construction industry’s skilled workforce shortage, needlessly increase construction costs and reduce opportunities for local…
During the 2008 recession, there was a lull in construction work and many skilled trade workers were laid off. They turned away from construction and moved into other fields. While the economy picked back up and the construction industry is booming, there is a large and unavoidable construction labor shortage. Due to the construction labor…
According to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics, construction employment expanded by 38,000 net new jobs in December. Across the industry, employment is up by 280,000 year-over-year, an increase of 4.0 percent. Nonresidential employment grew by 35,800 net new positions over the previous month,…
Three out of Four Metros Added Construction Jobs in Past Year, But Nationwide Shortage of Skilled Workers Has Raised the Cost of Construction and Delayed Project Schedules, Putting Broader Economic Growth at Risk Eighty percent of construction firms report they are having a hard time filling hourly craft positions that represent the bulk of the…
The construction industry is experiencing a labor shortage. With the 4% unemployment across the country, it’s not the only industry suffering. It means that finding skilled laborers will be difficult or impossible for many companies. Another way to get the skilled laborers you need is through apprenticeships or on the job training for construction workers….
Each week the growing challenge of the construction workforce shortage seems to garner more media attention. On Sunday, CBS featured a story, A New Blueprint for America’s Construction Trades, on the growing challenge facing construction companies in the United States. CBS reported that for every one person entering the industry, five are retiring. CBS’s Mark…
