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2021 3Q Cost Report: Post-Pandemic Worker Shortages Add Wage Pressure

ENR Construction

Labor rates remain relatively steady despite pandemic upheavals, but analysts noted some short-term adjustments to compensation by construction employers in 2020 with ongoing labor shortages continuing to pressure wages.

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Watchdog MPs blast “floundering” HS2 Euston Station plans

Construction Enquirer

. “The pause, ostensibly to save money, is not cost free – mothballing and possible compensation for businesses which have lost work will all need to be added to the HS2 tally. “Our report finds that a wildly unrealistic budget for HS2 Euston was set in 2020 in the expectation that it would be revised. ”

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20 construction industry trends to watch in 2020

Building Radar

Top trends in the construction industry 2020 How will the construction industry develop in 2020? We have studied and evaluated numerous sources – discover with us the most important trends and developments in the construction industry in 2020. They also help to compensate for the lack of skilled workers.

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Jobless Claims Surged This Month, Here’s Why

Pro Builder

Fri, 09/11/2020 - 09:10. Historically they were ineligible because they did not contribute to the joint state-federal compensation fund as do most companies. Jobless Claims Surged This Month, Here’s Why. cbroderick. During the last week of August, there were 1.59 million jobless claims, but by early September, that number grew to 1.7

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Q2 Construction Labor Costs $28.13/Hour

Job Order Contracting

Construction compensation increased 0.8% This section provides information relating to employment and unemployment in construction. While most data are obtained from employer or establishment surveys, information on industry unemployment comes from a national survey of households. Employment (in thousands). in Q1) and 2.5%

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Federal Construction Contractors Are Faced with the Double Whammy of the Pandemic and Price Escalation: What Can Be Done?

Federal Construction Contracting Blog

When the COVID-19 pandemic took hold in March 2020, various lockdowns were ordered and Americans learned a new term—“social distancing.” Delays to projects were frequent, but contractors were told that although they would be granted time extensions, these extensions would be non-compensable. This doesn’t seem to be very fair.

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Samantha Lewandowski on Creating a Recovery-Friendly Workplace

Pro Builder

Thu, 09/03/2020 - 12:50. New Hampshire's Recovery Friendly Workplace initiative is doing just that by educating employers and employees and providing much-needed resources . PRO BUILDER: What tools are available for an employer to empower an employee’s recovery? It’s definitely important to get employers connected to peers.