Tag Archives | Labor Shortages
Construction Industry Trends 2019

3 Construction Industry Trends Continuing in 2019

The construction industry continued to grow throughout 2018, even as labor shortages plagued different sectors. Unemployment in the industry reached a record low of 3.6% back in October 2018, and even though that number now sits at 5.1% as of March 2019, it remains much lower than the 7.3% unemployment rate that began 2018. 2019 […]

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Labor Shortages American Consumers

How the Labor Shortage Problem May Harm American Consumers in 2018 and Beyond

As the United Sates’ unemployment rate remains consistent at 3.9%, numerous industries are currently facing labor shortages. More jobs are available than there are skilled workers to fill them, and with so many open positions to choose from, those seeking employment are being quite particular when selecting which jobs they apply to and which they […]

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Labor Shortage Problem

3 Potential Solutions to the Labor Shortage Problem in the Construction and Building Products Industries

It is an odd time for major industries in America right now. While unemployment remains at a consistent low of 3.9% and wages increase, many fields still find themselves facing labor shortages. Two of those industries are the construction and building products industries. The construction industry currently averages 200,000 monthly vacancies, while the building products […]

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3 Reasons Why Young Adults Should Join the Construction Industry Right Now

It is currently one of the best times in American history to be looking for work, as the unemployment rate has remained steady at 3.9% over the past couple of months. But there are some specific fields that young adults searching for jobs should be turning to rather than others. One of those particular areas […]

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Labor Shortages

3 Reasons Why There Are Labor Shortages in the Construction and Building Products Industries

Many sectors of the United States economy are currently facing labor shortages. However, two of the most affected areas are the construction and building products industries. There remains a consistent need for work in both fields, but while the demand is there, the supply of skilled, capable workers is currently not. As of right now, […]

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