"The labor shortage continues to be the number one issue for homebuilders," one economist said.
United States of Work
The Bureau of Labor Statistics would categorize Rocio’s job most broadly as “natural resources, construction and maintenance occupations.” One in 10 workers work jobs in that category.
The Big Book
The story of how a small band of inventors and engineers built a machine that could lay bricks. It's way harder than it sounds.
As more and more people want the amenities of urban living, there's nowhere to build but up.
The Labor Department's October jobs report is expected to show a sharp slowing in job creation in a still-tight labor market.
But they're up compared to a year ago.
Construction spending fell more than a percentage point in June, the second drop in two months.
A decade after the housing bust, new construction has been slow to recover.
Rising home prices and changing demographics are boosting demand.
These days, builders prefer more lucrative apartments and townhouses.