Construction firms added 24,000 employees in February, as hefty pay raises for hourly workers enabled the industry to increase employment more steeply than other sectors, according to an analysis by the Associated General Contractors of America of new government data. Association officials said that while employment levels are now at record levels in the industry, future job gains will be hard given the lack of people who have been exposed to construction career opportunities.

Do you need help managing risk and delivering successful projects in the construction industry? Join us for a ConsensusDocs March 22nd webinar that will explore the key factors contributing to a successful project delivery process and highlight the risk management maxims that can help maximize your project’s chance of success. Register for the March 22nd webinar that will take place at 2 pm EST here https://bit.ly/agc-cd-w23q1. Each registration includes a copy of the recording.

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The new report, 2022 National Construction Industry Workforce Summit: Success Stories and New Strategies offers a comprehensive summary of AGC’s most-recent Workforce Summit. This includes over 40 new workforce development solutions crafted by Summit participants, as well as details about what firms, AGC chapters and educators are already doing that is helping address the industry’s workforce needs. Please use this report as a resource for ideas about ways to better recruit, train and retain the industry’s workforce. We trust you will find the information in the report useful and encourage you to share it with colleagues as appropriate. And do not hesitate to email workforce@agc.org with any questions or if you need any additional details.

Diesel Fuel, Concrete, and Gypsum Products Continue to Post Steep One-Month and Year-over-Year Price Increases, While Prices for Lumber, Steel Mill Products Tumble Compared to Year-Ago Levels