It’s no secret that the world is rapidly urbanizing. People are flocking to cities around the globe that do not have enough buildings or infrastructure to support them. Builders can’t keep up.

The construction industry is facing a perfect storm in the labor arena. Not only is it harder to find workers, but employers are having to pay those they do hire – many underqualified – steadily ...

It goes without saying that we're in the midst of a labor shortage. Data from the U.S. Bureau of Labor Statistics show that the number of unfilled job openings in the U.S. increased to over 10 million ...

The increase, paired with the industry’s layoff and hiring rate, shows an uneven environment for labor demand, economists ...

The construction industry had 298,000 job openings on the last day of May, according to an Associated Builders and ...

All you need to do is talk to just about any contractor today and you’ll hear the same overriding concern. It’s harder than ever to keep projects on schedule because of the shortage of construction ...

Chris Coleman is partner-in-charge of St. Louis-based accounting firm RubinBrown’s Construction Services Group. Opinions are the author’s own. In an already tight construction labor market, raids by U ...

Deportations and inflation are worsening a labor shortage that was already running rampant through the construction industry, hindering projects and adding to an already significant affordable housing ...

From 2021 to 2023, the construction industry faced a tumultuous economic climate, marked by a confluence of challenging trends that have tested the resilience of industry executives. This period saw a ...

The Construction Labor Market Analyzer tools, offered by technology firm Construction Industry Resources, are now available within the Procore Technologies construction management platform, following ...

The construction industry is known for its complex and fluctuating costs. To effectively budget for a construction project, it’s essential to consider all the different labor costs. Here are some ...

Canada's construction industry is projected to need more than 299,000 new workers by 2033 to replace retiring tradespeople and meet growing demand, according to BuildForce Canada. The residential ...