Author: agcnews
Check out the video recap showing an event in Kansas City with The Builders, a chapter of the AGC highlighting the Culture of CARE at member company JE Dunn’s under-construction project, the new KC Current stadium, which will be the first purpose-built women’s sports facility in the world.
Record October Job Openings Indicate Contractors are Struggling to Attract and Retain Skilled Workers amid Tight Overall Labor Market; Association Officials Call for Investments in Construction Education Construction sector job gains slowed in November as firms added only 2,000 jobs, but wages for hourly employees accelerated and the number of unfilled positions reached record highs in October, the Associated General Contractors of America reported in analyzing government data released today. Association officials said the new figures indicate the slowdown in hiring is likely because of workforce shortages instead of declining need for labor. “The steep rise in pay for craft and other…
Mixed Patterns within Categories Suggest Market is Shifting but Remains Strong Overall; Manufacturing, Power, Education, and Single-Family Spending Pickup Offset Drop in Highway and Multifamily Projects Total construction spending increased by 0.6 percent in October, led by strong gains for manufacturing, power, and education projects as well as single-family homebuilding, according to an analysis of federal spending data the Associated General Contractors of America released today. Association officials noted, however, that spending on other nonresidential segments, including commercial construction and highway and street construction, declined. “It is apparent that the construction market overall remains healthy,” said Ken Simonson, the association’s…
New York City and Baton Rouge, La. Register the Largest Number and Percent of Job Gains over 12 Months; Houston-The Woodlands-Sugar Land, Texas and Kankakee, Ill. Experience Worst Year-over-Year Losses Construction employment increased in 226, or 63 percent, of 358 metro areas between October 2022 and October 2023, according to an analysis by the Associated General Contractors of America of new government employment data. Association officials noted that tight labor market conditions kept construction employment from increasing in even more metro areas. “Construction employment keeps growing in a solid majority of metro areas but many more would be in the plus-column if contractors could…
Join us as we explore the dynamic intersection of cybersecurity and the commercial construction industry. Our guest, CJ Dietzman at Alliant Insurance Services, talks about the latest trends in cyber threats, risk management strategies, and innovative solutions shaping the future of digital resilience on construction sites. Don’t miss this insightful episode for a blueprint for safeguarding your projects against evolving cyber challenges.#ConstructorCast #Cybersecurity #ConstructionTech #AlliantInsurance #TheMoreRewardingWay Guest:CJ DietzmanSenior Vice President, Alliant CyberAlliant Insurance Serviceswww.linkedin.com/in/cj-dietzman-cissp-cisa Resources:Read Cyber Risk & Security Considerations in the Construction Industry: alliant.com/news-resources/arti…struction-industry/Learn more about Alliant Cyber: alliant.com/risk-management/risk-solutions/cyber/The NIST Cybersecurity Framework: www.nist.gov/cyberframeworkISO/IEC 27001: www.iso.org/standard/27001Contact Alliant Cyber at alliantcyber@alliant.com
California and Kentucky Top Rankings of Year-over-Year Increases, While Colorado and North Dakota Lag; Ohio and Kentucky Lead in Monthly Gains, While Tennessee and Rhode Island Experience Largest Declines Construction employment increased in 40 states and the District of Columbia in October from a year earlier, while 22 states added construction jobs from September to October, according to a new analysis of federal employment data released by the Associated General Contractors of America today. Association officials said more states would likely have added construction jobs if the pool of available, qualified workers were larger. “The number of states with construction job gains has…
On November 7, AGC of America filed a narrowly tailored lawsuit in federal court against the U.S. Department of Labor, challenging the agency’s unlawful expansion of Davis Bacon coverage to: In addition, the association is challenging the retroactive imposition of Davis Bacon requirements where they applied but owners forgot to include them in the contract. All of these are provisions of the massive U.S. DOL Davis Bacon final rule that took effect on new contracts on or after October 23. “As an industry that largely pays above existing Davis-Bacon rates, our concerns are with the administration’s unconstitutional exercise of legislative…
Administration Lacks the Legal Authority to Expand Coverage to Areas Specifically Excluded in the Law, or to Retroactively Impose Davis-Bacon Stipulations on Existing Contracts, Group Notes in its Federal Lawsuit The Associated General Contractors of America filed suit today in federal court to block the Biden Administration’s unlawful effort to expand the reach of a decades-old law that governs wage rates on federally funded construction projects. Association officials noted that the administration lacks the legal authority to expand the law to cover manufacturing facilities miles away from projects, or to retroactively impose the measure on already-executed contracts, among other concerns. “As…
Both Residential and Nonresidential Firms Boost Employment as Average Hourly Pay for Construction Craft Workers Increases 5.4 Percent over the Year, Outpacing Gain for All Production Employees The construction industry added 23,000 jobs in October as unemployment rates for the sector hovered near the all-time low for the month, according to an analysis of new government data the Associated General Contractors of America released today. Association officials said the construction industry would likely have hired even more workers to keep pace with strong demand for construction. “Despite the fact pay for hourly craft workers in construction is rising faster than for production…
Both Residential and Nonresidential Spending Post Monthly Increases while Sharp Decline in Hiring Suggests Further Growth in Spending May Be Difficult Unless Industry Can Attract More Workers Total construction spending increased by 0.4 percent in September, yet a record-high number of job openings suggests the industry would be completing even more projects if it could hire enough workers, according to an analysis of federal spending data the Associated General Contractors of America released today. Association officials cautioned that efforts in Congress to limit the construction industry’s access to potential workers could undermine future infrastructure and economic development projects. “It is…