Articles Tagged with ''labor shortage''

The Skilled Trades Advisory Council has officially earned nonprofit status. Founded one year ago, STAC is comprised of leaders across the construction, retail and skilled trades industries who joined forces to combat the crisis facing skilled labor in the U.S. and Canada.

The construction industry continues to face a skilled labor shortage, with worker scarcity worsening since the beginning of the pandemic, according to Marcum LLP’s annual analysis of the Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey.

Total construction spending decreased by 0.3 percent for the month of October, with downturns in homebuilding and most major nonresidential categories, according to an analysis the Associated General Contractors of America released Dec. 1 of federal spending data. Association officials noted contractors are struggling to complete projects as the number of open positions at the end of October topped hires in the month.

Thirty-two states added construction jobs between August and September, and an equal number boosted construction employment during the past twelve months, according to a new analysis of federal employment data released by the Associated General Contractors of America on Oct. 21. Association officials said the job gains were welcome news, but that significant labor shortages in the industry likely held back even larger employment gains.

Construction workforce shortages are affecting nearly all construction firms, undermining the industry’s ability to complete projects on schedule and threatening the success of new federal investments in infrastructure and manufacturing, according to the results of a workforce survey conducted by the Associated General Contractors of America and Autodesk.