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 ...
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 ...
With wage expenses piling up, leveraging the technology lets builders protect their margins and get more value out of ...
Deportations and inflation are worsening a labor shortage that was already running rampant through the construction industry, hindering projects and adding to an already significant affordable housing ...
Construction firms are in a unique spot right now. On one hand, there’s great demand for their services even in a slowing economy. The Infrastructure Investment and Jobs Act that passed in August 2021 ...
Recently, CoinstructConnect and Gordian teamed up to create and release a report on the construction labor pool and what is anticipated to happen with it in the future. This report will provide people ...
The Construction Labor Market Analyzer tools, offered by technology firm Construction Industry Resources, are now available within the Procore Technologies construction management platform, following ...
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 ...
More than a quarter of home tradespeople, 27%, are within 10 years of the social security retirement age of 62. The labor shortage is impacting every industry in the US, but the construction industry ...
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