Construction Industry faces Labor Shortages

As the construction industry rebounds, construction companies are faced with increasingly problematic labor shortages that have caused delays of up to 30 days on new home builds. During the downturn, many construction professionals moved to other industries to find work which accounts for the current shortages experienced in both the building material manufacturing and construction industries. As construction slowed during the recession, the number of workers decreased from its 2006 high of 3.45 million workers to just under 2 million by March 2011.

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