Tag: workforce: Page 30

Workforce

October becomes “Careers in Construction Month,” seeks to expand construction workforce

One organization sees the very real threat of a construction labor shortage in the U.S. and is doing something about it. Build Your Future (BYF) has named October 2013 “Careers in Construction Month,” primarily due to the support and recognition from BYF supporters and other organizations of Careers in Construction Week. Careers in Construction Month […]

February 28, 2013

Business

Caterpillar will cut 1,400 jobs at Belgian excavator plant

Caterpillar is planning to cut more than one-third of the 3,700 employees at one of its largest European facilities, Reuters reports. The company will cut 1,400 jobs at its facility in Gosselies, Belgium due to high costs and the weakened European economy. The plant manufactures hydraulic excavators, loading vehicles and engine parts. In the past five […]

February 28, 2013

Workforce

Undocumented workers make up half of Texas’ construction workforce

A report released Thursday alleges that half of the construction workers in Texas are undocumented, aka illegal aliens. Why is nobody surprised? If you drive around Austin and San Antonio as I often do, you’ll see plenty of billboards advertising new homes for $90,000. And Texas governor Rick Perry flaunts the state’s low cost of […]

February 26, 2013

Workforce

Economists forecast housing-fueled construction job growth

Goldman Sachs economists recently forecasted a housing recovery-fueled increase to the pace of added jobs each month to between 25,000 and 30,000, CNBC reported. In 2012 that pace averaged out at 14,000 per month. Due to the 1.5 million jobs lost in residential construction between 2006 and 2011, the economists warn that even with the […]

February 20, 2013

Business

Caterpillar names Tom Bluth VP of Mining Products

Caterpillar announced today that Tom Bluth will be moving from his post as vice president of the company’s Earthmoving Division to become vice president for Mining Products. Bluth replaces Luis De Leon, who left the company shortly after an accounting scheme was uncovered at Zhengzhou Siwei Mechanical & Electrical Manufacturing Co., a subsidiary of ERA Mining […]

February 15, 2013

Business

Caterpillar CEO: Growth, immigration and tax code reforms key to job creation in U.S.

After receiving a mention during President Barack Obama’s State of the Union address, Caterpillar’s CEO Doug Olberhelman was invited to share his thoughts on the U.S. economy and job creation on CNBC’s Squawk Box. Olberhelman said he was “surprised” but “happy” to hear Obama’s kudos for bringing jobs back into the country from Japan. And […]

February 14, 2013

Equipment

Opinion: Carbon tax bill would hurt job growth

That was fast. The pundits hadn’t even stopped pontificating on President Obama’s State of the Union speech when it was announced that Senators Bernie Sanders of Vermont and Barbara Boxer of California will introduce legislation designed to tax carbon dioxide emissions tomorrow. (During his address Tuesday night, Obama challenged Congress to act and do more […]

February 13, 2013

Business

Obama stresses importance of construction, infrastructure, skilled labor in State of the Union

In his State of the Union address Tuesday night, President Barack Obama stressed the great importance of construction, housing, infrastructure, manufacturing and energy in creating new jobs and aiding the ongoing recovery of the American economy. Obama spent several minutes of the address discussing the sad state of the country’s infrastructure, which he said is […]

February 12, 2013

Workforce

Construction adds 28,000 jobs in January; employment up to 3-year high

The construction industry added 28,000 jobs in the month of January, according to preliminary figures from the U.S. Labor Department. Construction is on a bit of a roll as of late. January marks a 3-year high for employment and the second consecutive month of job gains after 30,000 jobs were added in December. In the last […]

February 1, 2013

Home

Construction employment increases in 139 out of 337 metro areas in December

Construction employment increased in 139 out of 337 metropolitan areas, declined in 131 and was stagnant in 65 between December 2011 and December 2012, according to the Associated General Contractors of America’s analysis of federal employment data. An increase in private sector demand — particularly in energy, health care, higher education and residential construction — […]

January 29, 2013

Business

Economist forecasts construction to add 140k jobs in 2013

Piggybacking off of news earlier this month that the construction industry added 30,000 jobs in December, a report from the Associated Press cites a forecast that projects the industry adding 140,000 jobs in 2013. Patrick Newport, an economist at IHS Global Insight, made the projection, noting what a massive improvement it would be over 2012 […]

January 29, 2013

Workforce

U.S. jobless claims fall to five-year low

The number of initial jobless claims in the United States fell to a five-year low in mid-January, a sign of an improving labor market, the Wall Street Journal reported. The week ending January 19, initial jobless claims decreased by 5,000 to a seasonally, adjusted 330,000—the lowest it’s been since January 2008. The four-week moving average […]

January 25, 2013