Workforce Challenges Continue to Impact Construction Industry
Washington, D.C. -- Findings from the Q2 2018 USG Corporation + U.S. Chamber of Commerce Commercial Construction Index (Index), show four straight quarters with more than 90% of contractors concerned over labor shortages. Concerns increased quarter-over-quarter, with 47% of respondents expecting problems finding skilled workers to worsen in the next six months.
"Contractors' pipelines for new business are consistently healthy, however, that optimism is challenged by a growing shortage of workers – a trend that's persisted for more than a year," said Jennifer Scanlon, president and CEO of USG. "In order to sustain the strong pipeline of work, it's important that industry leaders think about process and product innovations that can help complete projects on-time and advance the industry."