Labor

Job Growth Appears Slow But Construction Industry Continues to See Progress

December 6th, 2021
While job growth didn’t meet expectations in November, the unemployment rate fell to its lowest level since February 2020, according to the latest data from the U.S. Bureau of Labor Statistics. “The unemployment rate continued to plunge and is now...

Labor and Materials Might Constrain Remodeling Growth, but the Pandemic Is Only Part of the Story

January 25th, 2022
Editor’s Note: The following is a commentary by Carlos Martin, project director for the Remodeling Futures Program at the Joint Center for Housing Studies at Harvard University. The Remodeling Futures Program seeks to produce a better understanding of the home...

Labor Issues in Construction a Crisis for Housing

November 5th, 2021
Among the many mitigating issues that have left the housing industry woefully short on inventory, labor remains “a key limiting factor,” according to a new report from the Home Builders Institute (HBI), which warns that skilled labor shortages are both...

Year-End Outlook: Labor Could Spark ‘Transformational’ Changes

November 10th, 2021
Editor’s Note: RISMedia’s Year-End Outlook series provides an in-depth analysis of the housing market’s leading indicators for economic health, and showcases expert insights on what’s to come in 2022. Dolly Parton might still be plugging away at a nine to...

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