In July, the construction unemployment rate hit 3.4 percent, the lowest monthly figure since January 2000, according to the Bureau of Labor Statistics. At the same time, the industry added 19,000 jobs. It’s safe to say the entire industry is feeling the effects of the skilled labor shortage. It’s more important than ever that contractors focus on creating an environment that both attracts skilled talent and provides those employees with the benefits and culture necessary to keep them around.
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