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Construction Unemployment Reaches Lowest June Level Since 2008

Construction Business Owner

(July 5, 2013) -- The unemployment rate for construction workers fell below double digits in June for the first time since 2008 as every segment of the industry added employees, according to an analysis of new government data by the Associated General Contractors of America.

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A Willing Workforce (With Criminal Records)

Construction Business Owner

Despite more than a decade of rising demand, total construction employment has yet to fully recover from the exodus of skilled workers in the wake of the 2008 recession. The construction industry has been plagued by labor shortages for most of the past decade.

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Exploring Exit Plan Strategies

Construction Business Owner

Since the aftermath of the 2008-2009 financial recession, the growth in new construction companies has ballooned; approximately 81,000 new construction companies per year have entered the market, on average, since 2014. Mon, 01/10/2022 - 09:25. The United States construction market is a $2.4

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How Today’s Market Differs From 2008’s

Pro Builder

How Today’s Market Differs From 2008’s. Examining each of these fundamental pieces on their own, including how each has evolved to its current point and how they are different from 2008, can help us paint a bigger picture of a housing market positioned to see the boom of the past year continue to roll on. cbroderick. Read More. .

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Fighting Capital Erosion

Construction Business Owner

Both this revenue and high employment levels were the best the industry had seen since 2008. In the first quarter of 2020, prior to the onslaught of the pandemic, the nation’s construction industry was thriving, adding more than $900 billion in gross domestic product (GDP) revenue to the United States economy.

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What Distinguishes Today’s Housing Slump From the 2008 Collapse?

Pro Builder

What Distinguishes Today’s Housing Slump From the 2008 Collapse? With much less financial risk-taking and an increase in equity wealth, today's buyers and homeowners are much more prepared to handle a housing downturn than they were in 2008. Thu, 09/08/2022 - 09:42.

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Homeownership Rates Hit Highest Level Since 2008

Pro Builder

Homeownership Rates Hit Highest Level Since 2008. the highest rate since 2008 and the largest year-over-year increase ever. cbroderick. Wed, 07/29/2020 - 08:59. Homeownership rates are now 67.9%—the Last year, homeownership was at 64.1%, according to Redfin, which gathered data from the Census.

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