flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

More than half of U.S. contractors say finding skilled workers is big barrier to their growth

Building Team

More than half of U.S. contractors say finding skilled workers is big barrier to their growth

Inflation, risk management, and resilient supply chains are also major concerns.


By Peter Fabris, Contributing Editor | November 3, 2022
Construction skilled workers
Courtesy Pexels.

More than half of U.S. contractors (55%) say finding enough skilled workers is one of the biggest barriers to growing their business, according to a DEWALT Powering the Future Survey.

That number rises to 69% among businesses with $10 million or more of annual revenue and 64% among survey respondents with 20 years or more of experience. About half of respondents believe that training the next generation of trades professionals is one of the most critical needs for the success of the construction industry in 2023.

An overwhelming majority of contractors (93%) say the lack of skilled workers has had at least a minor impact on their existing work. Half of the contractors who have had their work impacted by the labor shortage (50%) cite the primary causes for the labor gap as a lack of awareness around career paths in construction, followed by outside influences (parents, media, etc.) that guide younger people away from pursuing a career in the industry (47%), as well as an underestimation of how much money can be made (41%).

Keeping up with inflation (57%), risk management (37%), and working long hours (37%) are also major concerns for contractors.

Related Stories

Contractors | May 4, 2022

CFC Construction names Pat Smith president

CFC Construction is proud to announce that Pat Smith has been promoted to President of the Colorado-based general contractor.

Sponsored | Healthcare Facilities | May 3, 2022

Planning for hospital campus access that works for people

This course defines the elements of hospital campus access that are essential to promoting the efficient, stress-free movement of patients, staff, family, and visitors. Campus access elements include signage and wayfinding, parking facilities, transportation demand management, shuttle buses, curb access, valet parking management, roadways, and pedestrian walkways.

Codes and Standards | May 3, 2022

American Institute of Steel Construction updates environmental product declarations

The American Institute of Steel Construction has released updated environmental product declarations (EPDs) “to help designers and building owners design more environmentally friendly buildings and bridges,” according to an AISC news release.

Education Facilities | May 2, 2022

Texas School for the Deaf campus gateway enhances sense of belonging for deaf community

The recently completed Texas School for the Deaf Administration and Welcome Center and Early Learning Center, at the state’s oldest continuously operating public school, was designed to foster a sense of belonging for the deaf community.

Codes and Standards | May 2, 2022

Developer Hines, engineer MKA develop free embodied carbon reduction guide

Real estate management and investment firm Hines has released the Hines Embodied Carbon Reduction Guide. The free guide, produced with Magnusson Klemencic Associates (MKA), is the result of a two-year effort, relying on MKA’s industry-leading knowledge of carbon accounting and involvement in programs such as the Embodied Carbon in Construction Calculator (EC3) Tool.

Building Team | May 2, 2022

HED and VAI announce merger to bring strategic expertise and drive community impact in Dallas

HED (Harley Ellis Devereaux), a leading national architecture and engineering  firm, today announced a merger with award-winning, Dallas-based VAI Architects Incorporated (VAI).

Laboratories | Apr 29, 2022

Oracle Industry Lab in Chicago enables development of solutions for multiple industries

The Oracle Industry Lab in Chicago, which provides customers in multiple industries the opportunity to test new technologies, recently opened.

Market Data | Apr 29, 2022

U.S. economy contracts, investment in structures down, says ABC

The U.S. economy contracted at a 1.4% annualized rate during the first quarter of 2022.

Codes and Standards | Apr 28, 2022

Architecture firm Perkins&Will to deliver ‘carbon forecasts’ for clients

Global architecture firm Perkins&Will says it will issue its clients a “carbon forecast” for their projects.

Retail Centers | Apr 28, 2022

Cannabis dispensary Beyond-Hello debuts ‘glass-box’ design for Culver City facility

Los Angeles’ Culver City will open its first cannabis dispensary with Beyond/Hello.  

boombox1
boombox2
native1

More In Category




halfpage1

Most Popular Content

  1. 2021 Giants 400 Report
  2. Top 150 Architecture Firms for 2019
  3. 13 projects that represent the future of affordable housing
  4. Sagrada Familia completion date pushed back due to coronavirus
  5. Top 160 Architecture Firms 2021