Archive for September 2023
9 in 10 companies will return to office by end of 2024, survey says
Embracing Change: 90% of companies plan to reintegrate offices by 2024, as per a recent report by Resume Builder. While some enforce in-person attendance, many understand the importance of retaining talent through flexible approaches. The evolving job market keeps us on our toes, making it essential to balance company needs with employee preferences. Stay tuned…
Read MoreMultifamily construction pipeline slows
Multifamily Construction Sees Slower Growth: New data reveals a 32% year-over-year decline in permits for apartments with over five units. While overall housing starts rose, the interest rate hike and tightening lending conditions are impacting the pace of multifamily projects. Industry experts predict a slowdown in the coming months due to sluggish rent growth and…
Read MoreManufacturing megaprojects gobble up workers
The wave of multibillion-dollar manufacturing megaprojects underway is putting immense strain on construction labor, according to industry sources. As substantial public and private investments flow into new facilities such as semiconductor plants and electric vehicle battery factories, severe worker shortages now threaten to derail these ambitious manufacturing projects as well as other construction activity. States…
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