Construction Job Openings Decreased By 52,000 in October, Says ABC
The construction industry had 371,000 job openings in October, 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 decreased by 52,000 last…
ABC: State Construction Unemployment Is Down in 42 States From a Year Ago
The not seasonally adjusted national construction unemployment rate dropped 1.1% in September 2022 from a year ago, down from 4.5% to 3.4%, according to a state-by-state analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors. Forty-two states had lower unemployment rates over the same period, Arkansas and Wisconsin were unchanged and…
Attracting “Talent That Sticks” with Jim Sobeck
It’s no surprise that the construction industry has been battling workforce shortages for at least a decade. Effectively recruiting talent that “sticks” is more critical now than ever. We chatted with Jim Sobeck, the President/CEO of New South Construction Supply to see what he’s doing on the recruiting front. “Our Talent Acquisition Manager uses LinkedIn…
2022 Total Compensation Benchmarking Tool for East U.S Architecture, Engineering, Construction (AEC) Firms
The “2022 Total Compensation Benchmarking Tool for U.S Architecture, Engineering, Construction (AEC) Firms – East Edition” report has been added to ResearchAndMarkets.com’s offering. The Total Compensation Benchmarking Tool is a comprehensive Excel-based tool for firm leaders to make real-time decisions that impact firm performance and profitability. Based on data from hundreds of AEC firms across the U.S., this tool is the new standard…
Nonresidential Construction Employment Increases By 13,000 in September, Says ABC
The construction industry added 19,000 jobs on net in September, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. On a year-over-year basis, industry employment has risen by 292,000 jobs, or 3.9%. Nonresidential construction employment increased by 13,100 positions on net, with growth in two…
Celebrate the Tenth Annual Careers and Construction Month With NCCER and BYF
Led by the National Center Construction Education and Research (NCCER) and its Build Your Future (BYF) initiative, this October will mark the tenth annual Careers in Construction Month (CICM). This campaign aims to increase public awareness of construction careers and inspire the next generation of craft professionals. Together we can spread the word about the wide…
Aon: U.S. Employer Health Care Costs Projected to Increase 6.5 Percent Next Year
Average costs for U.S. employers that pay for their employees’ health care will increase 6.5 percent to more than $13,800 per employee in 2023, according to Aon (NYSE: AON), a leading global professional services firm. This projection is more than double the 3 percent increase to health care budgets which employers experienced from 2021 to 2022; but is…
What Your Gen Z Employees Want
For the most part, the world has Gen X and millennials figured out. As two prominent generations, there is abundant research about how they behave socially and professionally. And at this point, we have been able to see how these studies fare. By 2017, 33% of the workforce was Gen X and 35% of the…
Team Engagement and Collaboration in a Hybrid World
Over the last couple of years, employees have experienced unprecedented stress from external sources including significant losses or changes, health issues, social division and more, all while managing their personal and professional obligations. As a result, employment expectations for both employers and their employees have shifted and will continue to change. Work View Shifts One…
ABC and AFSP Announce Partnership to Address Mental Health and Suicide Prevention in the Construction Industry
Associated Builders and Contractors and the American Foundation for Suicide Prevention today announced a collaborative partnership to address mental health and suicide prevention throughout the U.S. construction industry. The goals of the partnership are to improve the mental health of construction workers through effective suicide prevention education, intervention and postvention strategies; to encourage, equip and…
