September 11, 2015

WE'RE GONNA NEED A LOT MORE IMMIGRANTS:

The Construction Industry Struggles to Rebuild its Worker Ranks (KRIS HUDSON, 9/11/15, WSJ)

Scant availability of skilled construction workers has hampered home construction at various times in the past few years of recovery. But the shortfall seems to have grown more acute of late, as new-home sales are up 21.2% so far this year from the same period last year and commercial construction has increased steadily.

Construction employment isn't quite keeping pace with that rebound, and workers with certain skills, such as carpenters and sheet-metal installers, are hard to find.

"We are finding a greater failure rate of subcontractors in the industry because they are not able to hire the skilled workers that they need," said John Finch, chief executive of PBG Builders Inc. in Goodlettsville, Tenn., on a conference call with media on Thursday organized by the Associated General Contractors of America. "That's resulting in some budget issues and work that has to be redone."

Posted by at September 11, 2015 7:59 PM
  

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