Skip to main content

Home/ Genealogy Research Resources/ The decrease in the labour force and how it affects the construction industry
theccmuktheccmuk

The decrease in the labour force and how it affects the construction industry - 1 views

Construction Management Courses Project Site Manager Course HNC MSc Online Degree

started by theccmuktheccmuk on 03 Sep 19
  • theccmuktheccmuk
     


    The decrease in the labour force and how it affects the construction industry


    The shortage of labour in construction


    The construction industry seems to face a lot of challenges due to the shortage of skilled labours in the field. After the economic downturn years back the construction industry has been on a downward slope on labour. This is because of a few reasons.



    • Existing workers in the industry are still working past their retirement age. This has caused younger skilled professionals with no gap to develop their career in the industry.

    • Students graduating from school mostly choose the business industry, or even the medical field than the construction industry. Which has reduced the expectation of qualified young worker to join the field.

    • After the economic downturn, many workers who left the construction industry never returned in hopes of building their career further.


    Due to these reasons, the construction industry is facing challenges such as :



    • Providing overtime pay for existing workers. But this too has a limit, how much can a worker work in the field and how much can the company afford to provide such great payments?

    • Companies are hiring unskilled workers due to the shortage of labour. This has added other training and education costs for the company. the construction company should pursue online courses or construction management courses for unskilled workers to improve and develop in the field of work.

    • There is no time to search for qualified workers due to the other issues faced by construction companies.


     


    How can the construction companies uprise through this situation?


    The construction industry can hope through technology. Technology advancements have helped industries to be cost-effective and efficient at the same time. By introducing and welcoming technology into the field of work the industry can attract young minds toward the industry. This can be a good strategy to develop and improve demand in the industry.


     

To Top

Start a New Topic » « Back to the Genealogy Research Resources group