Sift through a few headlines, and you’ll likely come across news about labor shortages in several sectors. The trades are not immune. “Construction Workforce Shortage Tops Half a Million in 2023,” states the Associated Builders and Contractors. “Labor Shortages Forecast to Persist for Years,” predicts The Society for Human Resource Management.
Blame what you will: the pandemic, inflation, supply-chain constraints, an aging workforce, or something else. Ultimately, demands for production are not going anywhere and, in fact, are increasing in most sectors. The resilient industries will be those that innovate and rethink the status quo.
Read more about this in the digital edition.