Construction Labor Shortage Deepens
The labor shortage in the construction industry grows every year as an aging workforce retires (the median age of construction workers is 41).
The labor shortage in the construction industry grows every year as an aging workforce retires (the median age of construction workers is 41).
Here are some tips on how to navigate construction qualifications that can give you a boost.
One of the most pressing issues the construction industry faces is an aging workforce.
Studies show that replacing an employee costs an average of 6 to 9 months’ salary. When you lose employees, you fall behind on your project schedules and may even have to turn work down. With the current construction labor shortage set to deepen this year, it is more important than ever to create work environments …
Labor shortage woes are real, and most construction managers are scrambling to find and keep workers. A recent study from the Home Improvement Research Institute (HIRI) showed that a third of construction firms are looking for recruits and experiencing delays due to labor shortages. Here’s how to source great talent and build your team. Get …
Gen Z are defined as those under 25 and are currently entering the workforce and choosing their careers. While many are already opting for a career in construction, the industry has to do more to recruit in order to overcome the labor deficit. Having lived through several economic downturns and a fluctuating economy, most young …
Labor shortages, increased production times due to COVID-19 protocols and delays all make for projects that take much longer than they should. When this happens, construction companies see dips in productivity that cost money. One way to get back on track is to make your processes more efficient using a management technique called LEAN, developed …
The construction labor shortage has been a thorn in the side of site managers for years now. But a new study shows that interest in the trades is starting to increase among high school students. According to a study by the National Kitchen & Bath Association (NKBA), interest in a career in the trades was …
With the labor shortage limiting the size of building crews, construction managers are becoming more inventive and using technology to bridge the gap. One under-utilized tool in every manager’s toolbelt is mentoring. More than half of fortune 500 companies have a mentoring program to help develop talent because it works and it could work for …
According to the NAHB/Wells Fargo Housing Market Index (HMI) survey, construction labor shortages are even more widespread than they were last year with 75% of construction crews experiencing a lack of carpenters (framing, rough and finished). That means over 200,000 jobs are vacant in the construction industry. There are many reasons for the dearth of …