Construction wages in the 10 largest economies
Construction compensation varies across global economies. The US, UK, and Germany see some of the highest construction wages.
Economy
BC contractors face 72% skilled labor shortage amid rising project delays
Nearly 65% of BC contractors spend more time and resources on recruitment as labor shortages slow construction and increase costs.
Trump’s deportation plans could undermine U.S. construction
Trump's proposed deportation of undocumented workers threatens to disrupt the U.S. construction industry with labor cuts.
Contractors report declining backlogs, raising concerns for industry growth
Contractor backlogs dropped 20% in 2024 to 8.4 months, highlighting slowing construction demand and rising economic pressures.
NAHB Labor Report shows increasing need for construction workers
NAHB Labor Report insights highlight the urgent need for over 700,000 construction workers to meet the industry’s rising demand.
ABC Releases AI Construction Technology Report
ABC released its fourth annual construction technology report, focusing on the impacts of artificial intelligence in construction.
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