Nearly 80 percent of U.S. construction firms say they plan to hire new employees in 2019, although they have continued worries about the pool of available and qualified workers, according to a survey by Associated General Contractors and Sage Construction and Real Estate.
While the survey found that 79 percent of respondents said they have an upbeat outlook for their 2019 prospects, it also found that an almost equal number – 78 percent – see the shortage of labor as affecting construction costs and project schedules. And 26 percent said it will be more difficult to bring workers on board this year.
To attract new staff, 59 percent of the firms said they have increased base pay, with 29 percent offering bonuses and other incentives and another 24 percent enhancing
Ken Simonson, the association’s chief economist, said 32 percent of respondents are using methods to reduce on-site work time, including lean construction, drones, three-dimensional printers and offsite prefabrication.
The association surveyed 1,300 construction firms from 49 states and the District of Columbia for its report.
For families navigating both retirement planning and long-term care, the life-expectancy exception offers a powerful opportunity to preserve wealth across generations.
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Five home-grown innovations — including two medical systems, workforce software, a parts ID marker for manufacturing and a video tracker for ski racers — are vying for the 2025 Product of the Year from the NH Tech Alliance.
The district recently received an unexpected $2 million bill from the risk pool that administers its health insurance, part of a debt shared by dozens of school districts across the state
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Albany International develops and manufactures components using advanced materials for the paper and aerospace industries. Its two main businesses are Machine Clothing, which produces custom belts for paper production, and Albany Engineered Composites, which supplies advanced composite parts for the aerospace industry.
Winning teams were Morpheus, Concord Community Team; Windham Windup, Windham High School; and The Power Knights, Manchester West and Goffstown High School.
A roundup of news updates from public companies in NH and nationwide
Thanks to a new apprenticeship program between Great Bay Community College (GBCC) and Lonza, Charlie Leland and Noah Ford jumpstarted their careers in the fast-paced field of biomedicine this summer.
