Is downtime on construction projects affecting your company due to Covid19, weather, materials, timelines and part delays ?

A severe labor shortage will continue to plague the construction industry, driving up construction costs further. A recent report from the Associated General Contractors of America shows that 79% of construction companies want to hire more employees this year, but the industry is only estimated to grow its workforce by .5% annually for the next 10 years. That is hardly enough to make up for the 600,000 jobs lost since the last recession.

A few factors are driving the construction labor shortage and lack of labor growth. For one, construction is not an attractive industry to millennials. In addition, 600,000 workers left the industry during the great recession and have not returned. One reason for this is that the healthcare and social working industries are attracting more workers than the construction industry. Finally, the United States is experiencing slower population growth and an aging workforce.

How do we find solutions to this growing problem? We problem-solve and we use what we have! This is not easy that’s for sure but what HardHats can do is focus more on the pains in this industry and be their pain reliever for companies and construction workers. The founder has been able to study the industry for many years alongside her family and we’ve been able to determine with our technology and active workers and customers that there are many companies and workers who experience downtime. At least 75% of the companies that sign up with us select they experience downtime on projects and workers are selecting in our sign up forms that they’ve been affected by either weather, project timelines, Covid19 and 28% of construction firms are experiencing project delays or disruptions due to a shortage of construction materials, equipment, or parts. https://www.agc.org/

We need to be able to utilize this workforce when this occurs.