By Business Wire | Originally posted on finance.yahoo.com LOS ANGELES, April 29, 2025–(BUSINESS WIRE)–The need for skilled construction workers is at a critical point, but despite an increase in female workers, about 90 percent of construction workers are still male. The industry will have to close the gender gap if it wants to meet demand.1 […]
By Associated Builders and Contractors | Originally posted on finance.yahoo.com WASHINGTON, May 01, 2025 (GLOBE NEWSWIRE) — Associated Builders and Contractors today released its 2025 Health and Safety Performance Report, an annual guide to construction jobsite health and safety best practices. As a proud sponsor, ABC published the report ahead of Construction Safety Week 2025, May 5-9, to […]
By Ethan Duran, BridgeTower Media Newswires | Originally posted on finance-commerce.com Construction job openings in early spring fell by 38,000, which experts called a sign of slowing demand for labor. There were 248,000 job openings in construction on the last day of March, an Associated Builders and Contractors analysis of data from a U.S. Bureau […]
By Dakota Smith | Originally posted on woodworkingnetwork.com WASHINGTON — The national March 2025 not seasonally adjusted construction unemployment rate was 5.4%, unchanged from March 2024, according to a state-by-state analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors. The analysis found that 19 states had lower estimated construction unemployment rates over the […]
By Alisa Zevin | Originally posted on enr.com Available job openings in the construction sector showed month-to-month and year-over-year declines. Economists point to caution from investors and owners taking a wait-and-see approach—at least in the near term—as tariff rates remain unresolved and wariness over the economic outlook persists. Sector jobs were down 38,000 as of […]
By Christina McDermott | Originally posted on independent.com Will it soon cost more to build? In short: We don’t know. But market instability, current tariffs, and a potential for more to come across all trade sectors and for all of the U.S.’s trading partners have put contractors on alert. Increased construction costs would make it […]
By Amalya Dubrovsky, Karen Friar and Ines Ferré | Originally posted on finance.yahoo.com US stocks jumped on Friday, with the S&P 500 notching its longest winning streak since November 2004 as a solid jobs report and possible thawing in US-China trade tensions boosted spirits on Wall Street. The S&P 500 (^GSPC) added nearly 1.5% to climb above its closing level on […]
By Joseph Bednar | Originally posted on businesswest.com President, Morduct LLC: Age 39 Jason Moran started working in his family’s heating and air-conditioning business at age 15, but eventually decided he wanted to step out on his own. So, in 2017, he found a retiring contractor looking to sell his operation and hit the ground […]
By April Corbin Girnus | Originally posted on yahoo.com Aerial view of construction at the Clark County School District JD Smith Middle School capital improvement/replacement project in 2019. (CCSD video) A bill to boost the state’s ability to investigate and enforce prevailing wage violations has earned the support of both organized labor and industry groups, […]
By ABC | Originally posted on abc.com Date: Thursday, May 1, 2025 Time: 3 p.m. ET (12 p.m. PT) Length: 60 minutes Speaker: James Norris, Vice President of Strategy, Smartapp.com Moderator: Patrick Scarpati, Director of Construction Technology and Innovation, ABC National Watch Now: https://attendee.gotowebinar.com/recording/5279584803728162907 This webinar is for ABC members and chapter staff only. Webinar […]
