Rising unemployment and weaker demand indicators suggest labor-market cooling, but competition for electricians and other skilled trades remains intense
Construction unemployment rose in 44 states, but hiring, backlog and labor data suggest contractors are preserving crews rather than broadly cutting workers.
The construction industry is ever evolving, with companies increasingly finding new ways to engage and retain their employees through innovative training programs.
In the coming year to 18 months, engineering and architectural firms in the Texas & Louisiana region will continue to face multiple challenges related to attracting staff and high material costs.
In today’s information-driven economy, when even a backhoe’s idling time can be tracked and analyzed, many contractors may be surprised to discover just how little they know about the performance of their most important resource—their employees.