ABC: Staffing still a challenge for contractors, 363K job openings
As of July 31, according to an Associated Builders and Contractors (ABC) analysis of U.S. Bureau of Labor Statistics data, the construction industry had 363,000 job openings. The Job Openings and Labor Turnover Survey (JOLTS), which identifies positions for which an employer is actively recruiting, indicated that the number of open jobs fell by 23,000 from June 2023 but increased by 10,000 from July 31, 2022.
Infrastructure backlog jumps 24%, pushing demand to 'upper end of historic levels'
Backlog fell on a monthly basis for companies with revenues of less than $100 million a year. That mirrors the slight downturn in monthly numbers from July to August as overall industry backlog, including private development, dipped 1.1% lower. But it surged more than 30% for the biggest contractors — those with sales of $100 million or more — that are most likely to bid on billion-dollar, large-scale infrastructure projects.
Is Oil and Gas in a Jobseeker or Jobgiver Market Right Now? The oil and gas sector is currently a jobseeker market. Offering his view,Brian Binke, the CEO of Michigan-basedthe Birmingham Group, an affiliate of Sanford Rose Associates, said, “in my assessment, the oil and gas industry currently operates within a jobseeker’s market”. READ
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The time is now to protect your firm from ransomware attacks Ransomware attacks are one of the biggest cybersecurity threats to U.S. businesses, and the construction industry is not immune. In fact, it was the most commonly attacked industry in 2022, according to research by NordLocker.
Government agencies and insurance carriers are no longer waiting for improvements and instead mandating them as table stakes to do business.READ MORE
Unsung Aspects of Job Satisfaction in Construction When we think of the construction sector, the immediate images conjured up are of bustling sites, vibrant hard hats, mammoth machinery, and intricate blueprints. But, dig a little deeper, and there’s a world of factors that truly define job satisfaction for construction maestros. It’s time to spotlight those lesser-talked-about facets.READ MORE
Since 1967, The Birmingham Group has been considered one of the nations most respected Construction Executive Search and Consulting Firms. Our team of experienced search consultants can strategically work with your organization, from the hire of a key project manager, the planning and execution of building an entire team to create a new business unit, to the placement of your next CEO.
