Industry Insights

More women in construction could be just what the industry needs right now. The construction industry is facing an unprecedented worker shortage. According to the Associated Builders and Contractors (ABC), the construction industry will need to attract an estimated 501,000 additional workers on top of the normal pace of hiring in 2024 to meet the demand for labor. In 2025, the industry will need to bring in nearly 454,000 new workers on top of normal hiring to meet industry demand, and that’s presuming that construction spending growth slows significantly next year.
July 25, 2024 is National Hire a Veteran Day. Founded by a marine corps veteran in 2017, the day serves as a call to action for hiring companies and also to encourage veteran job applicants – of which there are potentially hundreds of thousands potential workers.
It’s graduation season and with thousands of new workers entering the job market, could this year’s grads fill construction’s current labor needs?  
Prevailing wage, and how it relates to federal contractors, has been a hot topic since the US Department of Labor (DOL) proposed changes to the regulations in 2023.
For the last 10 years, Construction Safety Week has been used to promote worker safety and wellness.
Learn the six most important steps to claiming the WOTC. 
Are you overlooking candidates with disabilities?  
Arcoro's Partner, Arvo, answers the 10 most common WOTC questions from business owners. 
On January 9, 2024, the Department of Labor (DOL) published a final rule defining “independent contractor” for the purposes of the Fair Labor Standards Act (FLSA).
This blog originally appeared on DCI Consulting’s website. It is reprinted with permission. 

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