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.
Construction spending declines 0.3 percent from September with decreases for residential, commercial, highway and manufacturing segments; contractors fill less than half the open positions in October
December 22, 2022
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.
Florida has largest pickup in jobs, while North Dakota experiences largest percentage increases, Texas and New Jersey lose the most jobs annually and monthly, Mississippi and Alabama have largest percentage drops
November 10, 2022
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.
91% of construction firms having a hard time finding workers to hire, driving up costs and project delays, new survey by the Associated General Contractors of America and Autodesk finds
September 18, 2022
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.
Houston-The Woodlands-Sugar Land, Texas, and Grants Pass, Oregon, post the largest gains over 12 months; Orlando-Kissimmee-Sanford, Florida, and Bergen-Hudson-Passaic, New Jersey, experience the worst declines in past year
August 5, 2022
Construction employment fell in 61 and was unchanged in another 51 out of 358 metro areas between June 2021 and June 2022, according to an analysis by the Associated General Contractors of America of new government employment data. Association officials noted that employment was falling or stagnant in nearly one-third of metro areas at a time when many construction firms are struggling to find enough qualified workers to hire and cope with supply chain challenges and rising materials prices.
Construction Association official says supply chain challenges and lack of workers is suppressing demand for new construction amid higher construction costs and longer schedules
August 3, 2022
Total construction spending fell by 1.1% in June as spending on new housing and nonresidential projects declined compared to May, according to an analysis the Associated General Contractors of America released today of federal spending data. Association officials said that the construction spending figures are being impacted as materials and labor shortages are slowing schedules and increasing the cost of construction.