A shortage of skilled construction labor is impacting the bottom line for contractors, according to the first-quarter 2019 Commercial Construction Index report by USG Corp. and the U.S. Chamber of Commerce.
The labor shortage has made it difficult for contractors to meet schedule deadlines. Seventy percent of contractors are struggling to meet project deadlines, the report says.
Forty percent of contractors said they have had to turn down project offers because they didn’t have enough people to do the work. The labor shortage has forced 81% of contractors to require employees to do extra work, and 63% say it has increased costs for new work.
Survey respondents said the key to attracting new workers is to emphasize the potential for high pay, good benefits, potential for career advancement, and the chance to work with advanced technology.
Related Stories
| Mar 5, 2014
Obama proposes $1 billion for climate change risk mitigation
President Barack Obama would spend $1 billion to “better understand the projected impacts of climate change,” encourage local action to reduce future risk, and fund technology and infrastructure that will be more resilient to climate change.
| Mar 5, 2014
Southern Forest Products Assn. revamps pressure-treated pine specifications
It provides information to assist with the proper specification and use of pressure-treated Southern Pine materials.
| Mar 5, 2014
UL, PRI Construction Materials Technologies reach product certification agreement
Underwriters Laboratories (UL) Inc. reached an agreement with PRI Construction Materials Technologies LLC (PRI) through which PRI will participate in UL's "Data Acceptance Program," enabling the acceptance of data generated at PRI toward UL product certification.
| Mar 5, 2014
Quebec's building code doesn't meet needs of its aging population
The issue was raised in the wake of a tragic fire at a seniors' residence in L'Isle-Verte.
| Mar 4, 2014
Massachusetts Congressional delegation asks FEMA to slow flood zone map requirements
After a recent successful challenge of the scientific methodology used to redraw the coastal high-hazard zones, the Massachusetts congressional delegation is asking federal officials to put the brakes on new flood zone maps for the Bay State.
| Mar 3, 2014
Injury-liability law responsible for higher construction insurance cost in New York
Construction contractors and developers in New York state face $3 billion more in costs and 667 more accidents per year because of a state law that holds builders solely liable for such accidents, according to a study commissioned by the New York Civil Justice Institute.
| Feb 28, 2014
GBI issues guide to help federal agencies meet sustainability mandates
The Green Building Initiative has released “The Guiding Principles Compliance for New Construction,” for federal buildings to help federal agencies meet sustainability mandates in the construction of new buildings.
| Feb 28, 2014
Steel Joist Institute standards open for review
The 2015 draft of the Steel Joist Institute’s “Single Joist Standard Specification for K-, LH-, and DLH-Series and Joist Girders” will be available for public review until May 31, 2014.
| Feb 28, 2014
Metcalf Construction wins key reversal from federal appeals court in Hawaii on military contract
Metcalf spent more than $76 million on a military construction project and sued to recoup costs.
| Feb 19, 2014
Obama Administration moves to boost fuel efficiency standards on heavy-duty vehicles
The Obama Administration wants to boost fuel efficiency of medium- and heavy-duty trucks for models made in 2019 and later.