Associated General Contractors of America
“Construction Outlook: Work Shortage or Worker Shortage?”
Construction had the longest and deepest decline of any sector. To date its recovery has been modest, and the prospects for all segments--residential, private nonresidential and public--range from uncertain to dismal. Yet the industry’s unemployment rate has tumbled by half in the past three years, while growing numbers of home builders and contractors report difficulties finding various types of workers are in short supply. What are the prospects for construction spending? For workers? How might immigration and health care legislation or pending labor regulations affect the industry?
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