Labor productivity is the central economic engine that drives profitability for labor-intensive, self-performing contractors. FMI’s 2023 Labor Productivity Study found that contractors experienced approximately $30 billion to $40 billion in lost profits due to labor inefficiencies in 2022.
Associated Builders and Contractors and its Florida First Coast chapter filed suit in federal court on March 28 to stop the Biden administration’s unlawful scheme to mandate project labor agreements on construction contracts procured by federal agencies.
The U.S. Department of Homeland Security announced new streamlined processes for noncitizen workers who are victims of, or witnesses to, the violation of labor rights, to access an expedited deferred action request process. Deferred action protects noncitizen workers from threats of immigration-related retaliation from abusive employers.
Here, South Valley Drywall CEO revisits with the magazine to talk about the next year, the next wave of labor and what we can do as a nation to improve the immigration dialogue.
New Industry Outlook Shows Contractors Expect a Boost from the Bipartisan Infrastructure Bill and Broad-Based Private-Sector Demand, Except for Retail and Office Construction, If They Can Find Workers and Materials
Construction contractors expect increasing demand for numerous types of projects in 2022 despite ongoing supply chain and labor challenges, as most firms plan to add workers this year.