The demand for more construction workers isn’t going anywhere, according to Basu. About three in five ABC members intend to increase their staffing in the next six months. The Federal Reserve has responded to the tight labor market and inflation by continuing to raise interest rates at a rapid rate, and this latest jobs data could give the Fed reason to hike rates again. READ FULL ARTICLE HERE
Are Oil and Gas Professionals Worried About AI? AI Should be Embraced. Speaking to Rigzone,Brian Binke, the CEO ofThe Birmingham Group, another affiliate of Sanford Rose Associates, said AI “should be embraced by not only oil and gas professionals, but most work professionals because it can help optimize workflow, improve worker safety, and predict problems and issues in advance”. READ MORE
Will AI and Robots Replace Your Construction Job? No, Not Anytime Soon As Artificial Intelligence (AI) continues to make strides in various industries, concerns have been raised about the potential impact of AI on the workforce. However, the construction industry stands as a prime example of how AI and automation can coexist with human workers without necessarily leading to job losses. READ MORE
Which Generation Is Most in Demand in Oil, Gas Right Now? When asked the same question, Brian Binke, the CEO of Michigan based the Birmingham Group, an affiliate of Sanford Rose Associates, told Rigzone that the oil and gas industry is experiencing rising demand for younger workers, “skilled in new technologies and soft skills, to replace retiring professionals”. These would be individuals that were born between the years 1990 and 2001, Binke noted.READ MORE
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