Construction Employment Climbs By 36,000 in May, While Hourly Earnings Rise at Fastest Yearly Rate in 40 Years

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AGC

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 want to hire even more workers, according to an analysis by the Associated General Contractors of America of new government data. Association officials said firms would have hired even more workers if they could find more people willing to work in the sector.

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Workforce Shortage Disproportionately Impacting Nonunion Firms

Submitted by Courtney Smyser on

Contractor Magazine

A review of 2018-2021 Associated General Contractors of America (AGC) surveys of more than 5,000 member firms nationwide reveals that nonunion construction firms are facing significantly greater workforce supply problems than their union counterparts, and that these problems preceded the COVID-19 pandemic.

The surveys, which include responses from 1,768 union contractors and 3,893 nonunion contractors.

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No Recession in Sight for Construction

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Constructor Magazine

For the first time in several years, the "R" word has started being spoken in polite company. Do contractors now have to start worrying about a recession, in addition to cost increases, supply-chain delays and worker shortages? Fortunately, no.

Signs are abundant that there is still plenty of demand for many types of projects. 

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AGC & Procore Meet Initial $500,000 Goal for Scholarships for Minority Students Studying Construction At HBCUs

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AGC

First Round of Scholarship Awards Will Be Made for the 2022-23 School Year, Annually After That as Part of Broader Effort to Make the Construction Industry More Diverse and Inclusive

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