Slow hiring and few job separations in February led to the lowest construction labor turnover rate since 2000, according to ...
The current level of open jobs is down measurably from three years ago due to declines in construction activity, particularly ...
Deportations and inflation are worsening a labor shortage that was already running rampant through the construction industry, hindering projects and adding to an already significant affordable housing ...
The construction industry had just 276,000 job openings on the last day of November 2024, according to an Associated Builders and Contractors analysis of data from the U.S. Bureau of Labor Statistics’ ...
Chris Coleman is partner-in-charge of St. Louis-based accounting firm RubinBrown’s Construction Services Group. Opinions are the author’s own. In an already tight construction labor market, raids by U ...
Fundamental changes in the U.S. construction labor market have occurred affecting costs, availability, capabilities and ...
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Why is housing so expensive? Blame the Great Recession and its resulting construction labor shortage
The Great Recession occurred 17 years ago, from December 2007 to June 2009. Led by a crash in the housing sector, it was the deepest recession since World War II and resulted in noteworthy financial ...
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