3 Modern Challenges in the Construction Industry

Construction is foundational to an economy. Construction crews erect new homes, offices, industrial plants, and retail locations in addition to many other kinds of projects. These projects affect every industry, and so many people depend upon a successful build. Despite this, there are clear modern challenges in the construction industry that impact construction workers and hinder project progress. Read on to learn what these difficulties are and how the industry can address them.

A lack of quality labor is perhaps the most acute challenge in the construction industry. When real estate and other jobs dried up in the 2008 recession, thousands of trained and able men and women left the construction industry to secure a new source of income. Many of these people, equipped with years of training and aptitude, did not return. In the following decade or so, the labor vacuum costs construction crews more in training for new hires, but the low supply of workers remains a sustained issue.

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