Craft labor shortages are a serious issue with an enormous impact on project productivity. To gain a better understanding of productivity from their perspective, the Construction Labor Market Analyzer and the Construction Users Roundtable have collaborated in recent years to conduct surveys of construction owners, contractors and unions across the United States.
The new CLMA® white paper, Construction Productivity in an Imbalanced Labor Market, assimilates that data and addresses the construction industry productivity and labor shortage challenges. It covers 6 key topics, and is now available for download.
- Construction Productivity Historically
- Construction Productivity Today
- Productivity and Project Outcomes
- Impact of Skilled Labor Shortages on Productivity
- Mitigating Project Risk
- Improving Productivity
The data verifies that an imbalanced labor market is a clear leading indicator of poor productivity. This white paper offers the opportunity to hear from your peers about the labor risk and decreasing industrial construction productivity issues they’re facing. The document unveils the construction industry’s productivity challenges compared to other industries as well as historical perspective over the last 60 years.
Not only does this white paper examine productivity past and present, it also discusses the impact of labor risk on project outcomes, and concludes by offering owner recommendations for addressing labor risk in an imbalanced market and improving construction productivity. With such a clear correlation between productivity decline and the labor shortage; effective risk management, productivity tracking and workforce growth is vital to improving project outcomes and the construction industry overall.
Download this white paper now for an in-depth look at construction industry productivity and risk as well as recommendations to overcome these challenges. Learn how to identify problems early and plan effectively using owner-recommended tools and solutions.