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California Gov. Gavin Newsom signed two pieces of legislation that could create more than 100,000 construction jobs and make it easier to build on commercial land.
After years of steady increases, wages for many craftworkers have jumped recently, pushed up by the pressures of a hot economy, high inflation and labor shortages.
Materials supply chain disruptions and the mass retirement of older workers in the skilled trades—a trend that actually began in the 2010s—have forced preconstruction professionals and estimators to be more resourceful than ever.
The fate of federal spending legislation, dubbed the Build Back Better Act, is in doubt after Sen. Joe Manchin (D-W.Va.) publicly announced his opposition on Dec. 19, but President Joe Biden believes it will pass.
With negotiations at impasse over raises and pension benefits in a new contract, employees at the construction equipment manufacturer's U.S. facilities went on strike at midnight on Oct. 14.