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How the Skilled Labor Shortage Is Slowing New Home Development

Pro Builder

A national shortage of skilled construction labor is prolonging a housing crisis defined by low inventory and affordability. As the construction industry struggles to recruit, train, and retain workers, delayed projects and lingering inventory shortages will continue to limit affordability for homebuyers. . Tue, 11/09/2021 - 09:33.

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State of the Construction Industry: August Roundup

Viewpoint Construction Technology

OSHA to Employers: Consider Screening Workers for Heat Stress When Index Hits 85 Degrees. That means employers should start screening for heat illnesses sooner than previously thought. Even if you don’t work in infrastructure, this bill indicates that many members of Congress would like to see new materials become more prevalent.

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How Employer-Assisted Housing Programs Are Paving a Path to Homeownership

Pro Builder

How Employer-Assisted Housing Programs Are Paving a Path to Homeownership. Employer-assisted housing (EAH) programs offer incentives for employees making home purchases. Mon, 05/09/2022 - 10:26.

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Declining Unemployment Rates Suggest Economic Recovery Despite Lingering Labor Shortage

Pro Builder

Though many more trade workers are needed to boost inventory and cut down housing demand, a higher labor participation rate and increased wages mean that the national economy is inching closer to full employment. . More workers are getting off the sidelines as employers boost wages. in October to 61.8% from November 2020.

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Why and how to employ air curtains at industrial doorways

Construction Specifier

For example, brick-and-mortar retail stores decentralized their inventories by switching from warehousing to a more diversified approach for in-store storage. Employees are more apt to pick and choose employment with as many benefits as possible, and air comfort is one of them.

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Labor Shortage Causing Housing Crisis Across U.S.

Pro Builder

A lack of skilled construction labor is a major limiting factor in the race to provide greater housing inventory and improve affordability in a tight market. . A skilled labor shortage across the U.S.

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Mortgage Rates Highest Since October 2019

Pro Builder

Following strong employment in January, the most prevalent 30-year fixed mortgage rate is steadily rising toward 4.0%, the highest since October 2019, Bill McBride reports in the CalculatedRisk Newsletter. Rates are still historically very low, but have risen sharply from recent lows.

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