Workforce

Tariffs. Inflation. Bear markets. Recession? These scary economic terms have dominated headlines lately, and every construction executive is understandably concerned about the future of their business. According to Forbes, the scale of proposed tariffs has prompted economic team...

The construction industry is facing a workforce emergency. According to a recent estimate by Associated Builders and Contractors, U.S. firms must hire 439,000 new workers in 2025 to meet labor demands. This shortfall compounds an existing skills gap that’s already straining proje...

As high school and college graduates enter the labor market, construction employers face a timely opportunity to bolster their talent pipelines and shore up labor shortages. To remain competitive and ensure long-term stability, construction businesses must act decisively to attra...

WASHINGTON, Aug. 1—The construction industry added 2,000 jobs on net in July, according to an Associated Builders and Contractors analysis of data released by the U.S. Bureau of Labor Statistics. On a year-over-year basis, industry employment has increased by 96,000 jobs, or 1.2%...

What should contractors consider when choosing a new accounting firm? Joseph Natarelli National Construction Leader CBIZ The most important thing is first-hand industry experience. There are many unique facets of the industry that make experience invaluable, from applying the t...

Contractors today face a number of challenges: residual effects of ongoing inflation and elevated cost of capital due to a higher interest rate environment; the impact of tariffs driving up the cost of materials; and a tight labor market making it challenging to hire skilled work...

WASHINGTON, July 30—The national June 2025 not seasonally adjusted construction unemployment rate was 3.4%, a 0.1% increase from June 2024, according to a state-by-state analysis of U.S. Bureau of Labor Statistics data released by Associated Builders and Contractors. The analysis...

WASHINGTON, July 29—The construction industry had 246,000 job openings on the last day of June, according to an Associated Builders and Contractors analysis of data from the U.S. Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey. JOLTS defines a job opening as an...

The skilled trades are at a critical turning point. As the construction industry faces waves of retirements, 41% of the current workforce is expected to retire within the next six years. At the same time, the demand for skilled trades workers is increasing due to the surge in con...

Construction Executive, ABC and the construction industry at large mourn together the passing of Mark Casso, a beloved husband, father, grandfather and friend. As president of the Construction Industry Round Table, a Washington-based association of U.S. and global design and co...