Shortage of construction workers hits “crisis level”

Anyone looking for a career change that doesn’t have the advantage of a college degree could do a whole lot worse than retraining as a construction worker. Amid huge demand for new homes, at least 740,000 new construction workers will be needed each year for the next three years, according to a new report by

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US Homebuilder Confidence Suffers a Downturn in February

This month US builders have seen their confidence levels in the housing market sharply decline, largely due to the severe weather that has affected much of the country and which is keeping buyers at home. The cold weather and winter storms have affected builders’ anticipation of sales before the spring home selling season begins, and

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Lagging Home Sales And Poor Jobs Report Play On Each Other

The jobs report released on April 6th, posted much lower than expected numbers. After February numbers had managed to reach the 200,000 mark, it was assumed (there’s that word again), that the March report would indicate a job market that was beginning to show signs of life. But instead, the report was a disappointing 120,000 new jobs.

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