Labor scarcity has emerged as the primary constraint limiting growth in the commercial construction sector. Projects are experiencing extended timelines, escalated costs, and resource allocation challenges that directly impact profitability and market position.
This crisis is hitting all corners of the industry: from residential builders to large infrastructure contractors, companies are struggling to find and retain skilled tradespeople. Electricians, carpenters, plumbers, welders, and HVAC technicians are in short supply, leaving projects delayed and costs soaring. Compounding the
problem is an aging workforce, with thousands of experienced workers reaching retirement age and taking decades of expertise and institutional knowledge with them.
Topics include:
The Current Labor Crisis
Skilled Worker Shortages Across All Trades
Aging Workforce and Retirement Cliff
Struggles to Attract and Retain Younger Talent
Industry Response: Automation and Optimization
Embracing Construction Technology & Automation
Workforce Development and Reskilling
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