IHS Markit reports construction industry wages, which averaged 3.2 percent growth in 2018, will continue to move closer to the 4 percent growth mark in the next three years.
As Talent War Hits Construction and Surety Industries, It’s Time to Innovate and Communicate
It’s all over the headlines: The construction industry is booming, but qualified labor is in short supply. For those in the surety industry, the ripple effects from construction growth come with the same rewards and challenges. While these industries are growing, unemployment is at all-time lows and talent is at a premium.
Streamline and Improve the Hiring Process With an Applicant Tracking System
Applicant tracking systems can help contractors reduce manual work related to hiring by automatically sharing new job postings on top career sites, searching for a specific group of construction workers and sending candidates personalized emails about new job opportunities.
Contractors Must Step Up and Address Workforce Shortages
To drive change, the construction industry must collectively be a positive force in addressing negative stereotypes and pushing for solutions to increase employee retention and recruitment.
Construction Employment News: October 2018
Here’s a look at employment moves that occurred in the construction industry this month.
Partner With Higher Education Facilities to Build a Robust Pipeline of Craft Workers
With unemployment at a 17-year low, U.S. employers find it increasingly difficult to find skilled craft workers with the technical know-how to do a good job. Some contractors are partnering with local colleges to encourage young people to develop the skills the industry desperately needs.
Report Finds Construction Labor Shortage Impacts Jobsite Safety
Eighty percent of contractors are moderately to highly concerned about jobsite safety risks due to workforce shortages, according to a recent report by the USG Corporation + U.S. Chamber of Commerce Commercial Construction Index.
Industry Challenges and Investments Reflect Talent Shortage
With 42 percent of organizations experiencing a talent shortage, according to Teletrac Navman’s 2018 Telematics Benchmark Report, construction businesses are taking action by increasing pay, offering better benefits and providing flexible work arrangements.











