Hurricane Milton’s destructive winds caused significant structural damage across Florida, particularly in Tampa and St. Petersburg. A construction crane collapsed into the Tampa Bay Times building, leaving a gaping hole in its side, while winds also tore off Tropicana Field’s roof.
Average construction pay hits $35.92 an hour, topping the private sector total by 18 percent, but a low unemployment rate and high level of job openings show that contractors seek to hire even more workers
Construction sector employment rose by 25,000 jobs in September as both nonresidential and residential contractors added workers at a faster clip than other industries, according to an analysis of new government data the Associated General Contractors of America released Oct. 4.
The Federal Reserve’s 0.5-percentage-point rate cut was welcomed across the construction industry as a likely harbinger of further cuts to encourage more projects. It will take time for the easier interest-rate environment to manifest in lower loan rates, but developers are expected to respond heading into the new year, industry professionals agree.
Ninety-four percent of construction firms report having a hard time finding workers to hire, undermining efforts to build infrastructure and other projects as the industry calls for better federal workforce policies
The nation’s failure to invest in construction workforce education and training programs is having a real, measurable impact on the country’s ability to build infrastructure and other construction projects, according to the results of a workforce survey conducted by the Associated General Contractors of America and Arcoro, the leading HR technology company supporting the construction industry.
Dallas-Plano-Irving, Texas, and Sioux Falls, South Dakota, top list of job gains and Houston-The Woodlands-Sugar Land, Texas, has the largest loss as Pittsfield, Massachusetts; Binghamton, New York; and Orange-Rockland-Westchester, New York, have the worst percentage decline
Construction employment increased in 224 of 358 metro areas between December 2022 and December 2023, according to an analysis by the Associated General Contractors of America of new government employment data.
Simformotion has introduced Cat Simulators Collaborative Worksite Training, which lets as many as nine users simultaneously operate virtual excavators, dozers and trucks. The program aims to enhance teamwork and efficiency on job sites by letting operators practice without the risk of injury or equipment damage.
Construction earnings increased by 5.3 percent year-over-year to $35.21 an hour, as firms boost wages in an effort to attract more workers into the sector amid strong demand for certain types of projects
The construction industry added 11,000 jobs in January despite bouts of exceptionally cold or stormy weather that delayed projects in numerous regions, according to an analysis of new government data the Associated General Contractors of America released on Feb. 2.
Demand appeared strong on balance heading into 2024, but persistent shortage of skilled workers, lagging federal investments in infrastructure and tighter financing conditions may limit growth in outlays
Total construction spending increased by 0.9 percent in December and 13.9 percent year-over-year, as gains in residential and public segments offset mixed results among private nonresidential markets, according to an analysis of federal spending data the Associated General Contractors of America released Feb. 1.
South Dakota and Texas lead top rankings of year-over-year increases while New York lags, South Dakota and New Jersey lead in monthly gains while Washington, D.C. and Ohio experience largest declines
Construction employment increased in 35 states in December from a year earlier, while 32 states added construction jobs between November and December, according to a new analysis of federal employment data released by the Associated General Contractors of America on Jan. 23.