
Construction’s Labor Crisis: Why Skilled Workers Are Leaving (And How to Bring Them Back)
The construction industry faces an unprecedented 9.2% unemployment rate as of 2024, marking a critical inflection point that demands immediate action from industry leaders and stakeholders. While cyclical fluctuations in construction employment are common, today’s challenges stem from a perfect storm of factors: persistent skilled worker shortages, rapid technological advancement, and evolving market demands. This complex landscape has created a paradoxical situation …