How Construction Businesses Can Navigate Labor Shortage and Social Inflation Challenges  Cover Art

How Construction Businesses Can Navigate Labor Shortage and Social Inflation Challenges

By Sy Nilakout
April 3, 2025
Construction businesses have faced a rising tide of challenges since the pandemic. The labor shortage, worker safety threats and more have created a difficult environment for business owners to find opportunities for growth while keeping their operations running smoothly and safe...
Construction Job Openings Still Subdued in February Cover Art

Construction Job Openings Still Subdued in February

By ABC
April 2, 2025
WASHINGTON, April 1—The construction industry had 264,000 job openings on the last day of February, according to an Associated Builders and Contractors analysis of data from the U.S. Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey. JOLTS defines a job opening a...
Construction Labor Force Churn Accelerates in January Cover Art

Construction Labor Force Churn Accelerates in January

By ABC
March 13, 2025
WASHINGTON, March 11—The construction industry had 236,000 job openings on the last day of January, according to an Associated Builders and Contractors analysis of data released in the U.S. Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey. JOLTS defines a job op...
Construction Employment Growth Strong in February Cover Art

Construction Employment Growth Strong in February

By ABC
March 11, 2025
WASHINGTON, March 7—The construction industry added 19,000 jobs on net in February, according to an Associated Builders and Contractors analysis of data released by the U.S. Bureau of Labor Statistics. On a year-over-year basis, industry employment has increased by 174,000 jobs, ...
All But 3 States Had Construction Unemployment Rates Below 10% in December 2024 Cover Art

All But 3 States Had Construction Unemployment Rates Below 10% in December 2024

By ABC
February 12, 2025
WASHINGTON, Feb. 10—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 U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors. The an...
Nonresidential Construction Adds Modest 4,400 Jobs in January Cover Art

Nonresidential Construction Adds Modest 4,400 Jobs in January

By ABC
February 11, 2025
WASHINGTON, Feb. 7—The construction industry added 4,000 jobs on net in January, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. On a year-over-year basis, industry employment has increased by 178,000 job...
Pressing Questions: Construction Leaders Address the Decade's Top Concerns Cover Art

Pressing Questions: Construction Leaders Address the Decade's Top Concerns

By David McMillin
February 6, 2025
As the construction industry rounds the halfway mark of the decade, the rearview looks a bit blurry. In just five short years, a global pandemic upended the way the world works, a supply-chain crisis sent material costs soaring and social justice protests forced leaders to reexam...
‘Strong Fundamentals’: Reviewing Deloitte's 2025 Engineering and Construction Outlook Cover Art

‘Strong Fundamentals’: Reviewing Deloitte's 2025 Engineering and Construction Outlook

By Michelle Meisels
January 29, 2025
The construction industry in 2024 was defined by strong fundamentals, marked by a 10% increase in nominal value added and a 12% increase in gross output. Construction spending crossed $2 trillion and maintained a balanced trajectory in the first half of 2024. Despite facing a per...
Construction Industry Must Attract 439,000 Workers in 2025 Cover Art

Construction Industry Must Attract 439,000 Workers in 2025

By ABC
January 24, 2025
WASHINGTON, Jan. 24—The construction industry will need to attract an estimated 439,000 net new workers in 2025 to meet anticipated demand for construction services, according to a proprietary model developed and released by Associated Builders and Contractors. In 2026, the indus...
Five Essential Tips to Recruit and Retain a Gen Z Workforce in 2025 Cover Art

Five Essential Tips to Recruit and Retain a Gen Z Workforce in 2025

By John Lack
January 17, 2025
According to the U.S. Bureau of Labor Statistics, nearly 23% of construction workers are at least 55 years old. Since the average U.S. construction worker retires in their early sixties, nearly one-fourth of the industry’s workforce is expected to retire within the next decade. T...

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