After a period of slowing associated with declines for some elements of the residential construction industry, the count of open construction sector jobs remained lower than a year ago, per the ...

“While US contractors are seeing strong demand, the ongoing skilled labor shortage remains a critical challenge that could impact future capacity. The data shows that the new administration’s policy ...

WASHINGTON, DC — The national December 2024 not seasonally adjusted construction unemployment rate was 5.2%, up 0.8% from December 2023, according to a state-by-state analysis of US Bureau of Labor ...

If these numbers can’t be met, then “industrywide labor cost escalation will accelerate, exacerbating already high construction costs and reducing the volume of work that is financially ...

In December 2024, the national, not seasonally adjusted construction unemployment rate was 5.2%, up 0.8% from December 2023, according to a state-by-state analysis of U.S. Bureau of Labor ...

The Royal Institution of Chartered Surveyors and American Association of Cost ... construction industry building in a positive direction, survey respondents noted that skilled trade and labor ...

The labor market is showing signs of softness but is not breaking down yet, which has kept mortgage rates higher for longer ... me in 2025 is the residential construction workers — not just ...

What is a person’s labor worth? What about their skills developed ... These aren’t hard questions to answer, yet many in the construction industry go to remarkable lengths to remain willfully ...

"Construction industry hiring slowed to an unprecedented pace in December 2024," said ABC Chief Economist Anirban Basu. "The hiring rate fell to 3.6% for the month, the lowest level on record outside ...

The US labor market isn't showing signs of weakness that would prompt another interest rate cut from the Federal Reserve in the near term. The January jobs report released on Friday showed ...

But some on Wall Street think the labor market, not inflation, is the place to look for better clues on what could push the Fed to cut rates later this year. Just look at what happened in ...

The U.S. Court of Federal Claims has ruled in favor of contractors that challenged former President Joe Biden’s policy requiring project labor agreements on all federal construction projects of ...