Labor shortages have led to a significant increase in wages. It is important to understand all the factors contributing to this wage inflation and its implications for the construction industry.
The construction industry is witnessing a remarkable surge in demand for skilled labor, a trend that's reshaping the employment landscape and pushing wages to unprecedented heights. A recent report from the Associated Builders and Contractors (ABC) sheds light on this phenomenon, indicating a robust future for those considering a career in construction.
The unprecedented push to bring manufacturing back to the United States has opened a window of extraordinary opportunity for the construction industry. Manufacturing investment reached historic highs in 2023, with real private manufacturing construction investment reaching its highest level in 2023 Q3. This indicates a significant uptick in manufacturing construction activity.
The resurgence of onshoring in the United States, fueled by billions in public and private investments, is ushering in a new era of manufacturing growth. However, this boom is encountering a significant challenge: a labor shortage in the construction sector. The shortage is attributed to various factors, including the impact of the pandemic, the retirement of older construction professionals, and a lack of young adults entering the industry.
Construction estimators play a critical role in the construction industry by determining the cost of projects, and the average salary for top chief construction estimators is around $150,000, making it a lucrative career choice.
Construction companies face unique challenges when it comes to recruiting talent. According to the Bureau of Labor Statistics, the median age for construction workers is about 42 years old. As the pool of candidates becomes much smaller to choose from, a creating and effective recruiting strategy becomes all the more important. While [...]
The construction industry is a demanding and complex sector that requires skilled labor and dedicated workers to bring projects to completion. Despite the essential nature of their work, many construction employees leave their jobs for a variety of reasons. Understanding why employees leave their jobs is crucial for construction companies looking to [...]
As a whole, you will have noticed construction jobs growing significantly in recent years. This trend will continue for at least the decade to come. Experts predict high employment thanks to the predicted industry growth. All Construction Jobs Growing Into 2026 From 2016 to 2026, experts predict construction and extraction jobs will [...]
One of the most important interview questions that candidates are asked during interviews is regarding their strengths and weaknesses. Hiring managers use this along with a variety of other questions to determine who the best fit for the job will be. If you want to stand out from everybody else, then you [...]
As the hiring process evolves, more firms are integrating tech tools to improve screening and interviewing, saving both time and money. More tools are being introduced across the construction recruiting industry, giving us more resources than we’ve ever had to streamline the screening process. From artificial intelligence to social media, here are [...]
