Related Links: http://enr.construction.com/business_management/workforce/2011/1024-usingsocialmediatocutthetimeanduncertaintyinjobhuntingandrecruiting.asp Social Media Reshape Job Hunting http://analyticsstore.construction.com/index.php/catalog/product/view/id/39570/s/smartmarket-report-construction-industry-workforce-shortages-2012/category/1488/ SmartMarket Report: Construction Workforce Shortages For many firms, future work force strategies may not be top-of-mind. After all, construction unemployment in May dragged along at 14.2%—almost double the national average—according to the U.S. Bureau of Labor Statistics. However, a recent survey on work force issues shows that more than 70% of general contractors expect work force shortages in design and construction by 2014. Nearly half (45%) expect shortages in the trades, with the top three being carpentry/millwork, electrical and concrete finishers/cement masons.A firm's location and number of employees influence its executives'
The market is generally healthy and steadily growing, and margins are up for large specialty contractors. Further, advances in design tools and owner demand for collaboration are giving subcontractors a seat at the table early on in projects.