Brian Binke, CEO of The Birmingham Group, Authored “Why is There a Construction Labor Shortage?” Featured in Construction Today

//Brian Binke, CEO of The Birmingham Group, Authored “Why is There a Construction Labor Shortage?” Featured in Construction Today

Brian Binke, CEO of The Birmingham Group, Authored “Why is There a Construction Labor Shortage?” Featured in Construction Today

9/5/2018: Brian Binke Featured in Construction Today

A skilled labor crisis has burdened organizations of all sizes in the construction industry for much of the past decade. Construction recruiting is as competitive as it has ever been as experts point to a variety of different causes ranging from retirement and increased building demand to the recession and a lack of vocational programs. Even though many CEOs might have their own reasons why there is labor shortage, it’s important to understand how each of these reasons have played a part in creating it in order to find legitimate solutions.

Economic Recession

Prior to the Great Recession that officially took place from December 2007 to June 2009, the commercial construction market was booming. The industry prospered from several years of records for construction spending. Unfortunately, the demand quickly plummeted when the recession hit. In 2010 when the economy had 10 percent unemployment and was still reeling from the recession, the construction industry was actually in a depression with 26 percent unemployment.

Read full article here: http://www.construction-today.com/editor-s-blog/3495-why-is-there-a-construction-labor-shortage

By | 2018-09-05T16:29:13+00:00 September 5th, 2018|News|

About the Author:

Brian Binke is the founder & CEO of The Birmingham Group (TBG). TBG is a globally recognized Executive Search and Consulting firm, specializing in the Construction arena. Over the past 22 years, Brian has established himself as one of the construction industries most respected leaders. He has won numerous awards for his industry innovation and has been recognized as the #1 Worldwide Revenue Producing Manager for the Largest Recruitment Network of over 800 Independent Firms. Brian founded SC Bingham Farms in 1995. In January 1997, SC Bingham Farms acquired Management Recruiters Birmingham, established by Fred Bawulski in 1967. Fred was an early pioneer of the executive search industry, which was almost unheard of in the 60s. Today The Birmingham Group remains one of the nation’s most tenured search firms. You can reach Brian directly at bbinke@thebirmgroup.com.
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