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 ...

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 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 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 ...

Despite losing 61,000 jobs on net in February, labor market tightness is set to rear its ugly head again in construction as the industry continues its post-pandemic recovery. According to the 2020 ...

The country’s unionized construction workforce, largely consisting of workers whose march toward retirement shrinks the overall construction employment pool, has reached a record low at just 10.7%, ...

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 ...

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.

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.