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The U.S. Construction Industry has Shown the Highest Growth since 2007

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Recent construction industry statistics show that after years of stagnation, US construction industry growth rates are increasing to their highest level in nearly eight years. Gilbane Building Company, a global construction and facilities management firm based in Providence, Rhode Island, reported the highly encouraging industry growth data in its spring, 2015 “Building for the Future” […]

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How the Construction Industry can Recruit and Train Modern Workers

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The good news is that recent trends indicate a marked increase in construction employment across the country as the construction industry recovers and more projects begin. The bad news, however, is that there is a shortage of qualified workers to fill all the required positions created by this expansion of construction business. Industry sources suggest

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U.S. Construction Industry Expected to Expand in 2015

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Recent data on construction employment suggests that improvements will continue and that the U.S. construction industry will expand even further in 2015. Increases in construction employment were identified in more than 250 metropolitan areas around the country between December 2013 and December 2014, according to data from the Associated General Contractors of America (AGC). The

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Midsize Construction Firms Expecting More Growth and Business in Coming Year

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The outlook for midsize construction firms in 2015 is optimistic, with almost half believing that the construction sector will expand in the coming year. In a survey conducted by GE Capital, 47 percent of survey respondents reported that business will be brighter for midsize construction firms in 2015, with growth expected throughout the year. The

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Unemployment in Construction Lowest in Years, Though Qualified Labor Is Still Hard to Find

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After a lengthy period of limited opportunity and uncertainty, unemployment in construction is at its lowest point since 2006. Despite the positive upturn in construction employment, however, some industries and geographical areas are still experiencing unemployment in construction. Qualified construction workers are still in short supply in areas where oil drilling and petroleum production have been

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Construction Employment on the Rise Across the Nation Compared to Same Time Last Year

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Recent upswings in the construction employment numbers nationwide point to continued improvement in the health of the construction industry. In March, 2014, the construction industry added some 19,000 jobs, according to statistics reported in the Engineering News-Record. Many of these jobs were in specialty trades.

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