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Tag: labor shortage: Page 3
Business
Is construction “dead in the water”? Greenspan comment highlights industry’s mixed feelings about recovery
Despite many positives in the industry right now, Alan Greenspan is pointing a finger of blame in construction’s direction. According to a report from Bloomberg, Greenspan, who served as chairman of the Federal Reserve between 1987 and 2006, said Tuesday the U.S. economic rebound from the recession that ended five years ago has been held […]
September 10, 2014
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Construction firms are turning down work due to the labor shortage, but most are willing to pay more to find workers
A majority of construction companies across the U.S. are facing a shortage in skilled labor and a large number of them have been forced to turn down work in the last year because they didn’t have the workers needed for the job, according to a recent survey conducted by the Associated General Contractors of America […]
August 28, 2014
Business
STEM graduates are finding a weak job market. Why that could be a big opportunity to fix construction’s skilled labor woes
A recent article at Business Insider revealed an odd wrinkle in the job market. According to Census Bureau statistics, less than half the college graduates with STEM degrees (science, technology, engineering and math) find jobs in STEM related fields. This wouldn’t be surprising except for the fact that so many people bleat on like a […]
July 11, 2014
Business
Minnesota construction firms likely need to boost pay, reduce expectations to find enough workers to meet demand
Construction is Minnesota’s fastest growing industry, and as demand continues to pile up, construction firms there are having a hard time finding enough skilled workers. And one labor analyst suggests they might need to make some serious changes to fill those vacancies. According to a report from Minnesota Public Radio, the skilled trades in Minnesota […]
May 27, 2014
Business
Another worker shortage compounded by the energy boom could delay construction of $1.3 billion Dallas hospital
Construction officials with a Dallas area hospital say their project is losing workers and bidders to stiff competition from the oil and gas industry as well as higher paying construction jobs elsewhere in the state. “Houston and West Texas are taking labor away from many of our projects,” Lou Saksen, senior vice president over the $1.3 […]
April 24, 2014
Business
Divergence of construction spending and employment could point to “fundamental change” in the industry
Recently, the folks at Business Insider put together a nicely done and comprehensive article on the skilled labor shortage affecting the construction industry and the impact it’s having on homebuilding. There wasn’t much new news to be found for those of us who follow these stories on a regular basis. Many of the experienced and […]
March 17, 2014
Business
The Newbie’s Guide to Succeeding in Construction: 7 rules for your first week
Our industry needs young men. Young men need jobs. You would think these problems would solve each other, but there’s a disconnect. You could blame society, schools, Obama, the Bilderburger Group. Good luck getting any of them to return your phone calls. My solution is much simpler. If you know a young man who didn’t […]
February 12, 2014
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Maryland shadow program works to draw high school students to construction training
Through the end of this month a vocational school in Fredrick, Maryland is offering students the opportunity to get a taste of the industry by shadowing its construction training program. The Fredrick County Career and Technology Center (CTC) is the home of several construction technology programs. Each year, the CTC gives its construction students hands-on […]
February 12, 2014
Business
3 things contractors can do to keep valuable workers on staff during the skilled worker shortage
The skilled worker shortage has been looming over the construction industry, and the Associated General Contractors’ 2014 outlook shows that contractors are already having a problem finding skilled professionals and craft workers. With that in mind, it’s more important than ever to hang on to the valuable workers you already have. Do you have a […]
January 29, 2014
Business
Survey says more than half of construction companies affected by skilled worker shortage, details how they’re coping
At this point, it would be quicker to list the number of cities that haven’t reported construction projects being impacted by the skilled worker shortage than the ones that have. In the past year alone we’ve reports from Houston, Minnesota, Louisiana, Phoenix, Wisconsin, Michigan and California, just to name, well, several. It’s everywhere. Back in […]
November 20, 2013
Business
Cleveland construction on the rebound thanks to university, health care spending
For the first time in many years, contractors in the Cleveland metro area and the Northeast Ohio region are optimistic, according to a report from Crain’s Business. Two common reasons construction company representatives shared with the publication for the rebound were increased construction spending by universities and hospitals. And though these companies are optimistic that […]
October 10, 2013
Business
Phoenix contractors unable to meet demand of construction rebound due to skilled worker shortage
After losing nearly half of its construction jobs in the throes of the recession, Phoenix, Arizona is now in the middle of a construction rebound—but unable to hire enough skilled workers to meet demand. “To hire someone right now, you have to offer them more money to draw them away from another company,” construction supervisor […]
August 27, 2013
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