A decrease in production of thousands of newly built homes is due to a skilled labor shortage of $10.8 billion per year, according to the Home Builders Institute’s (HBI’s) recently released Fall 2025 Construction Labor Market Report. Key findings from …
Read More »Tag Archives: labor shortage
Labor Shortages Stunt New Housing Production
A study released by the Home Builders Institute (HBI) in collaboration with the National Association of Home Builders (NAHB) revealed that the impact of labor shortages on the residential construction industry is significantly responsible for the lost production of many …
Read More »SHRM Shares Workplace Trends for 2022
The Society for Human Resource Management (SHRM) released its State of the Workplace Study, which evaluates how organizations handled key workplace challenges last year and looks at the workplace trends for 2022. The study surveyed human resource professionals and other …
Read More »Channellock Launches Learning Platform to Narrow Skilled Trades Gap
As the skilled labor gap continues to impact the home improvement channel, tool manufacturer CHANNELLOCK® is launching a new tool aimed at getting young people interested in the trades. The company has introduced Trades 101, a landing page with the …
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