New research from the U.S. Bureau of Labor Statistics shows a lopsided racial workforce that favors Caucasians over blacks and Hispanics. The BLS report finds that whites make up more than 80 percent of the U.S. workforce, including construction managers (92 percent), carpenters (91 percent), and CEOs (90 percent). “It’s stratified at…(Read More)
“It won’t happen to me” is a common mindset of people who get hurt while working at construction sites. When looking at risk management and safety on jobsites, the most successful example of protective policies, procedures, and equipment that’s been put in place in the history of the industrial age is the construction…(Read More)
The federal government shutdown and the debt ceiling debacle on Capitol Hill last month are to blame for the shaky findings in the government’s October jobs report. While the monthly assessment is delayed several days due to the shutdown, ADP’s National Employment Report concludes that private sector employment increased by 130,000 jobs…(Read More)
Collusion, bribes, and contractor overbilling are just a few of the ways construction companies are losing obscene amounts of money each year. “More companies need to take their head out of the sand and recognize that fraud and corruption costs, not only in terms of profits, but also a company’s reputation,” says Clare Hartnell…(Read More)
The U.S Department of Labor says construction was among the industries with improved employment last month. “The construction sector added 20,000 new jobs in September, after showing little change in the prior six months,” explains Pam Hunter on ENR.com. “Moreover, the unemployment rate in the construction industry fell to a six-year…(Read More)
While many newcomers to the workforce struggle to find employment, college grads are getting jobs in Construction, Trades, and Labor. They are also earning decent wages. This infographic by Matthew Gates highlights other top –paying fields, such as Engineering and Manufacturing. http://www.confessionsoftheprofessions.com/top-earning-entry-level-jobs-infographic…(Read More)
More than 18,400 workers from the U.S. Department of Transportation have been furloughed because of the budget battles on Capitol Hill. The shutdown has deeply impacted transportation construction projects around the country. At a press conference this week, Pete Ruane, president of the American Road and Transportation Builders Association, said the shutdown will…(Read More)
The government shutdown prevented the U.S. Bureau of Labor Statistics from releasing its monthly job report. But reporter Kathleen Madigan at The Wall Street Journal gathered data from several sources that released their own assessment. “The job index for non-manufacturers–mainly service providers but also the construction and public administration sectors–was unexpectedly…(Read More)
Some 960 banks— including many in Kansas, Wyoming, and Colorado—began making construction and land development loans in the second quarter of 2013. Banks regulated by the Federal Reserve Bank of Kansas City made $110 million in construction and land development loans in the quarter, reports Dennis Domrzalski of Albuquerque Business First. “But it was…(Read More)
Which metro areas in the U.S. have spent the most money on new construction in the first five months of 2013? Industry data analyst McGraw Hill Construction has compiled a list, which has New York City in the top spot for the second consecutive year. Phoenix, Tampa, Austin, Seattle, and San Jose are also…(Read More)
