Construction Employment Increases by 20,000 in November
The construction industry added 20,000 jobs on net in November, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. On a year-over-year basis, industry employment has risen by 248,000 jobs, an increase of 3.3%.Nonresidential construction employment increased by 16,300 positions on net, with growth registered in all three subcategories. READ MORE
Job Sight: The 2023 Construction Economic Forecast
As another year approaches, the construction industry will have to contend with a number of challenges, many of which have been building up over the course of years. At the forefront are structural shortages of trained construction workers, which are the product of Baby Boomer retirements, shifting technologies, a lack of labor-force growth and the general tendency of younger workers to enter the skilled trades in smaller and smaller numbers. READ MORE
Here's Why You Should Use Behavioral Questions in Your Next Construction Interview If you’re like most construction companies, you’re always looking for ways to improve your hiring process. After all, the quality of your team has a direct impact on the quality of your work.READ MORE
This Report Says Green Construction Technology Can Decarbonize the Built World According to a new report by venture capital firm A/O PropTech, global investment into green construction technologies clocked in at $2.2 billion in 2022. The Low Carbon Future report attributed the growth to legislation and technological innovation that have ushered greener building practices into the mainstream.READ MORE
Construction Trends to Watch Out for in 2023 The construction industry is constantly evolving. As technology advances and new materials debut, the way that we build changes with it. Staying on top of the latest trends can be difficult, but it’s essential if you want your business to stay competitive.READ MORE
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