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Labor Shortage May Slow Construction

Electrical Contractor: Power & Integrated Building Systems

"For years, the industry has foretold of the inevitable shortage of skilled construction workers. According to a new survey, the projected labor shortage may be complex and due to a confluence of factors.

Consulting, investment and research firm FMI Corp., in a survey of contruction executives, found that a labor shortage will restrict almost one-quarter of the respondents from bidding more work. Furthermore, the survey found that about one-third of the respondents will experience slow growth without sufficient skilled labor and tradespeople."

 

Read more at ecmag.com

Published April 2015 by Timothy Johnson (Electrical Contractor Magazine)