September 2023 Newsletter – Navigating the Skilled Construction Labor Shortage
Jimerson Birr
Featured in the September 2023 Issue
Partner’s Perspective: Navigating the Skilled Construction Labor Shortage
In an ever-evolving landscape of business challenges, few issues have gripped the construction industry as tightly as the shortage of skilled labor. The headlines are dominated by statistics that tell a sobering tale of the struggle faced by construction businesses across the nation. For instance, the Associated General Contractors of America (AGC), in partnership with Autodesk Inc., recently released a report revealing that a staggering 88% of construction companies are grappling with the dilemma of finding skilled workers to hire. And according to the Associated Builders and Contractors (ABC), the construction workforce shortage is estimated to be 546,000 workers for year 2023, and the problem is predicted to get worse as nearly 1 in 4 construction workers are older than 55 years old. As a Partner at Jimerson Birr, I am acutely aware of the gravity of this issue, and I’m actively collaborating with our clients to explore creative solutions.
