The Bureau of Labor Statistics has reduced by 0.5% its previously reported number of new jobs from March 2023 to March 2024, according to a newly released update. The revise, in the agency's Current ...

WASHINGTON, DC — The construction industry will need to attract an estimated 501,000 additional workers on top of the normal pace of hiring in 2024 to meet the demand for labor, according to a ...

Reputation is crucial to a construction business because the stakes are high. Learn how to build a successful construction company with the right tools.

NEW YORK, NY — Despite economic improvements in some dimensions in 2023, the construction industry continues to face a severe skilled labor shortage, according to Marcum LLP's annual analysis of the ...

CHICAGO--(BUSINESS WIRE)--Inflation has eased across the Americas, causing construction cost increases to drop below their 5- and 10-year averages, but the sector still faces uncertainties due to new ...

Construction’s chronic labor shortage faces a hit from President Trump’s immigration crackdown, with pain rippling from small builders to big firms. President Trump’s fortune rose from building glitzy ...

From 2021 to 2023, the construction industry faced a tumultuous economic climate, marked by a confluence of challenging trends that have tested the resilience of industry executives. This period saw a ...

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 ...

Persistent labor shortages combined with ongoing supply chain uncertainty can greatly increase the risks of construction project delays, accidents, and litigation. In years past, materials and ...

Even with recent and growing public support for critically necessary affordable housing in California, developers are finding it difficult to make these projects pencil. They are forced to contend ...