Tag: Construction Job

October 4, 2023

“The number of open, unfilled construction positions declined in August but remains higher than both one year ago and the pre-pandemic level,” wrote Basu. Basu predicted last month the high demand in the labor market should continue to cool down. […]

February 2, 2023

The majority of contractors intend to increase staffing levels over the next six months, according to Basu, so “labor shortages will remain a stiff headwind for the industry,” he said. Consumer spending has begun to show signs of weakness, Basu […]

August 4, 2022

The number of construction job openings fell by 71,000 in June to 334,000 from May, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Job Opening and Labor Turnover Survey data. While monthly jobs declined, […]

August 3, 2022

Basu said construction experienced one of the sharpest reductions in job openings of all sectors. But it also appeared the remaining openings continued due to workers’ preferences, and not those of employers. For example, construction workers still quit their jobs […]

February 17, 2021

Late last year, Mike Taylor was paying around $750 per short ton for the rebar he uses in his concrete pours. Now, that price has spiked closer to $900, a 20% increase in a little over a month. “That could […]

January 29, 2019

In general, late 2018 showed solid job numbers in the Southwest region of Arizona, Nevada and New Mexico. Major building projects, ranging from entertainment to housing, drove growth in all three states. From November 2017 to November 2018, Arizona added […]