Labor Shortage Could Be 2022’s Biggest Barrier to Construction Growth
Business Tools
On: January 04, 2022 | By:
The construction industry experienced big gains in 2021, as consumers took advantage of low interest rates and increased pandemic-related savings to relocate for remote work or upgrade to larger spaces. While commercial construction continued to struggle, residential construction of single- and multifamily homes boosted the industry upward, leading the demand for additional workers, notes the 2022 U.S. Job Market Outlook report from ThinkWhy.
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