Relatively few candidates looking for work in the construction industry have the necessary skills to do the job well, according to a survey of construction industry managers by the Associated General Contractors of America (AGC) and Autodesk.
It’s a frustrating and business-impacting situation for many of the 1,400 U.S. construction firms that responded to a questionnaire in July and August. About 85% of survey respondents said they are trying to fill openings, but the going is rough.
Supply chain issues and workforce challenges are ongoing concerns. A whopping 68% of respondents said that applicants lack the skills needed to work in construction. Some 61% reported project delays due to labor shortages, and 65% reported delays because of supply challenges. Higher costs caused half the respondents to cancel, postpone, or scale back projects.
In response to the skills shortage, firms are investing more in internal training, with 41% boosting spending in this area. One-quarter of respondents say they are using video training, and 14% have turned to augmented and virtual reality technology for training.
There is some optimism reflected in the survey. A sizeable minority of construction firms responding to the survey are hopeful that new technology will improve the workforce skills outlook. About 41% of respondents said that AI and robotics in the next five years will improve the quality of construction jobs and make workers safer and more productive.
Related Stories
| Aug 11, 2010
Webcor, Hunt Construction lead the way in mixed-use construction, according to BD+C's Giants 300 report
A ranking of the Top 30 Mixed-Use Contractors based on Building Design+Construction's 2009 Giants 300 survey. For more Giants 300 rankings, visit http://www.BDCnetwork.com/Giants
| Aug 11, 2010
Clark Group, Hensel Phelps among nation's largest federal government contractors, according to BD+C's Giants 300 report
A ranking of the Top 40 Federal Government Contractors based on Building Design+Construction's 2009 Giants 300 survey. For more Giants 300 rankings, visit http://www.BDCnetwork.com/Giants
| Aug 11, 2010
Report: Fraud levels fall for construction industry, but companies still losing $6.4 million on average
The global construction, engineering and infrastructure industry saw a significant decline in fraud activity with companies losing an average of $6.4 million over the last three years, according to the latest edition of the Kroll Annual Global Fraud Report, released today at the Association of Corporate Counsel’s 2009 Annual Meeting in Boston. This new figure represents less than half of last year’s amount of $14.2 million.
| Aug 11, 2010
Peter Marchetto joins Tishman as president of Construction Operations
Tishman Construction Corporation Chairman, Daniel R. Tishman, today announced that Peter Marchetto joined the company as President of Construction Operations.
| Aug 11, 2010
Whiting-Turner, EMJ Corp. top BD+C's ranking of the nation's 40 largest retail contractors
A ranking of the Top 40 Retail Contractors based on Building Design+Construction's 2009 Giants 300 survey. For more Giants 300 rankings, visit http://www.BDCnetwork.com/Giants