The renewed push to revive American manufacturing after decades of offshoring has led to over $511 billion in private company investment, according to the White House. The multibillion-dollar investments scattered across the country range from biotechnology facilities and chip fabrication plants to electric vehicle battery factories and clean energy projects.
Job growth was stronger than expected in September, a sign that the U.S. economy is hanging tough despite higher interest rates, labor strife and dysfunction in Washington. Nonfarm payrolls increased by 336,000 for the month, better than the Dow Jones consensus estimate for 170,000 and more than 100,000 higher than the previous month...
Employers predict ‘modest’ 3.9% pay increases for 2024 "Cautious optimism" may be the survey’s message, as compensation budgets seem in line with Mason’s prediction that employers will have to adjust their strategies to reflect the changing economic landscape if inflation cools and the labor market returns to pre-pandemic levels.READ MORE
Construction Apprenticeships and the Future Workforce The construction industryfaces a dual challenge: maintaining the pace of infrastructural development and addressing a looming skill gap. However, there’s a tried-and-true solution that’s gaining renewed focus – apprenticeships. These structured training programs, deeply rooted in hands-on experience and mentorship, are shaping the next generation of construction professionals.READ MORE
Risk Management in Construction: A Leader's Guide Risk management is an essential practice in any business venture, and the construction industry is no exception. Construction projects typically involve numerous variables, high costs, and strict timelines, which make them inherently risky.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.
