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Construction Employment In June Continues To Lag Pre-Pandemic Level In 18 States As Lack Of Qualified Workers Holds Down Hiring

Fri, 07/22/2022 – 13:39 New York Has Largest Shortfall Compared to February 2020 Peak, While Utah Tops List of States with Gains; California, Connecticut Have Worst Monthly Declines, While Pennsylvania, Oregon Lead Job Gainers in June Construction employment in June continued to trail pre-pandemic levels in more than one-third of the states despite record job openings,…

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Construction Input Costs Jump 1.1 Percent From May To June, Adding To Pressure On Contractors Despite Recent Decline In Some Materials Prices

Thu, 07/14/2022 – 11:44 Recent Increases Drove Up Prices of Diesel Fuel, Building, and Paving Materials, Outweighing Decreases in Metals and Lumber Costs, While Producers Have Implemented or Announced Further Price Hikes The price of materials and services used in nonresidential construction jumped 1.1 percent last month, outpacing the rise in contractors’ bid prices, according…

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Construction Employment Climbs By 13,000 In June But Plunge In Jobseekers Leaves Industry With Record Number Of Unfilled Positions At End Of May

Fri, 07/08/2022 – 11:33 Association Has Created Recruiting and Retention Campaigns, But Construction Officials Urge Public Leaders to Establish Programs to Expose More Future and Current Workers to Construction Opportunities The construction industry added 13,000 jobs in June as the number of jobseekers with construction experience plunged to a record low for the month according…

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Construction Spending Dips In May As New Residential Activity Stalls, While Nonresidential Projects Decline For Third Consecutive Month

Fri, 07/01/2022 – 11:15 Construction Association Officials Note that Labor Shortages and Supply Chain Problems are Limiting Construction Capacity, Urge Public Leaders to Support Construction-Focused Programs, End Tariffs Total construction spending edged down 0.1 percent in May as spending on new houses and apartments stalled, while public and private nonresidential construction slumped, according to an analysis…

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Two-thirds Of Metro Areas Add Construction Jobs From May 2021 To May 2022 But Lack Of Workers Holds Back Employment In Some Areas

Wed, 06/29/2022 – 10:59 Houston-The Woodlands-Sugar Land, Texas and Cheyenne, Wyo. Post the Largest Gains Over 12 Months; Orlando-Kissimmee-Sanford, Fla. and Niles-Benton Harbor, Mich. Experience the Worst Declines in Past Year Construction employment increased in two out of three U.S. metro areas between May 2021 and May 2022, according to an analysis by the Associated General Contractors of America…

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Suspending The Federal Gas Tax Won’t Provide Relief At The Pump, But Will Add To The Pain Of Using America’s Roads And Rails

Wed, 06/22/2022 – 10:42 Construction Official Says “Desperate” Proposal Won’t Address Root Causes of Higher Fuel Prices, But Will Blow a Huge Hole in the Federal Highway Trust Fund and Undermine Efforts to Fix Infrastructure The chief executive officer of the Associated General Contractors of America, Stephen E. Sandherr, issued the following statement today in…

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Forty-Three States & D.C. Add Construction Jobs During the Past Year, But Only 22 States Added Construction Jobs Between April & May Amid Labor and Supply Shortages

Fri, 06/17/2022 – 13:33 Texas & New Mexico Have Strongest Gains Since May 2021, While Kentucky & Hawaii Have Worst Declines; Texas & Minnesota Top Lists of One-Month Increases, New York & North Dakota Lose Most Last Month Forty-three states and the District of Columbia added construction jobs during the past twelve months, but momentum…

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Contractors’ Bid Prices Finally Match Runup In Materials Prices, But Continuing Cost Increases Will Maintain Pressure On Profit Margins

Tue, 06/14/2022 – 10:53 Wide Range of Inputs Post Double-Digit Increases, Led by 85 Percent Jump in Price Index for Diesel Fuel, 80 Percent for Liquid Asphalt, 33 Percent for Steel Mill Products, and 32 Percent for Architectural Coatings Contractors’ bid prices for constructing new nonresidential buildings finally caught up with soaring costs for the materials…

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Construction Employment Climbs By 36,000 In May, While Hourly Earnings Rise At Fastest Yearly Rate In 40 Years As Firms Scramble To Fill Positions

Fri, 06/03/2022 – 11:04 Association Officials Push for New Construction Training Programs & Immigration Reforms as Labor Shortages Lead to Record Job Openings that are Undermining Construction Activity Rapidly rising hourly earnings enabled the construction industry to add 36,000 employees in May, but a record number of job openings going into the month suggests contractors…

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Government-Mandated Project Labor Agreements Would Keep Three-Quarters Of Firms From Bidding On New Federal Projects, Survey Finds

Thu, 06/02/2022 – 10:30 Survey of Federal Contractors Also Finds that the Biden Administration’s Plans to Impose Project Labor Agreements Will Make It Harder for Firms to Subcontract with Small, Minority & Disadvantaged Businesses Nearly three-quarters of federal contractors report they will stop bidding on federal projects if the Biden administration were to follow through…

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