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Tag: labor market


News

Construction employees expect larger holiday bonuses despite economic uncertainty

December 15, 2022

Via: Construction Dive

As stockings are hung by the chimney with care, workers have high expectations that holiday bonuses will soon be there. The practice of giving bonuses looks a little different today amid soaring inflation and recession concerns. While many companies stick […]


Sustainability

Freddie Mac expects multifamily contraction through the end of 2022

August 4, 2022

Via: Construction Dive

The lender’s origination volume projections for the second half of 2022 are contingent on the economy staying on a stable path over the rest of the year, with a strong labor market, only moderate price appreciation and a stable 10-year […]


Sustainability

Construction’s labor, economic numbers begin to show cracks

July 7, 2022

Via: Construction Dive

Despite the positive year-over-year comparisons, economists said the numbers are beginning to make real the specter of a recession that’s hung over the market for months. “Signs of economic slowing have become more pervasive over the last several weeks and […]


Construction Processes, Financial

Inflation will persist through 2023 even if pandemic fades, economist says

January 31, 2022

Via: Construction Dive

Fed policymakers Wednesday signaled their intention to reduce price pressures by raising the federal funds rate from a record near-zero low at their next meeting on March 15-16. “We’re committed to our price stability goal,” Fed Chair Jerome Powell said […]


Sustainability

Lack of Vocational Training Leads to Construction Labor Shortage

November 26, 2019

Via: ConstructConnect

As this next generation of children begins to reach adulthood, the push to get a four year college degree is seen as the only solution to achieve career success. Any other direction is frowned upon by parents and society. Unfortunately, […]


Construction Processes, Legal

Immigration reform could relieve pressure on Houston’s construction labor market

March 28, 2019

Via: Construction Dive

The concern around the shrinking pool of available construction workers is not just happening in Houston but throughout the rest of Texas and around the U.S., where many metros are experiencing building booms and need a steady supply of skilled […]


Sustainability

Dodge: 2019 construction starts to hold steady at $808B

October 26, 2018

Via: Construction Dive

The stock market’s slumps in the past several weeks have had many observers spooked, but while warning flags of a decline are beginning to appear in the form of a tightening labor market, rising inflation and other factors, economists at […]


Sustainability

12 Mid-July Economic Nuggets − With an Emphasis on Hot Sector Jobs Creation

July 16, 2018

Via: ConstructConnect

You’ve heard that the feature is performing quite nicely, thank you, but you’re still not totally convinced that boom times have returned. You’re right to hold back on expressing boundless enthusiasm. After all, there are worries about potential fallouts from […]