Study: Growth Projections Dip, But Labor Shortage Eases

David Acord, TAUC

A year after the COVID-19 pandemic fundamentally altered the business landscape, professionals in the union construction industry are slightly less optimistic about growth in 2021, but given the circumstances, it's not as bad as you might expect. Another bright spot: although ­findding skilled and qualified craftworkers is still a challenge for contractors, fewer employers across the country reported labor shortages last year. These are just a couple of the interesting takeaways from TAUC's seventh annual Union Craft Labor Supply Study, based on a comprehensive survey of 1,129 industry respondents.

 

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