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Thirty-Five Percent of Contractors Turning Down Work Due to Labor Shortage

Thirty-Five Percent of Contractors Turning Down Work Due to Labor Shortage
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U.S. Chamber Calls for Ending $300 Weekly Supplemental Unemployment Benefits to Address Labor Shortages

U.S. Chamber Calls for Ending $300 Weekly Supplemental Unemployment Benefits to Address Labor Shortages
May 7, 2021
WASHINGTON, D.C. – The following statement can be attributed to U.S. Chamber of Commerce Executive Vice President and Chief Policy Officer Neil Bradley.
“The disappointing jobs report makes it clear that paying people not to work is dampening what should be a stronger jobs market. We need a comprehensive approach to dealing with our workforce issues and the very real threat unfilled positions poses to our economic recovery from the pandemic. One step policymakers should take now is ending the $300 weekly supplemental unemployment benefit. Based on the Chamber’s analysis, the $300 benefit results in approximately one in four recipients taking home more in unemployment than they earned working.” ....

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Material Shortages Significant Issue for Construction Contractors During Pandemic

Material Shortages Significant Issue for Construction Contractors During Pandemic
According to the U.S. Chamber of Commerce, 71% of commercial construction contractors face at least one material shortage
December 10, 2020
Adobe Stock/auremar
More contractors are facing a shortage of building materials as the pandemic continues, according to new fourth quarter data from the U.S. Chamber of Commerce Commercial Construction Index (Index). This quarter, 41% of contractors say less availability of building products and materials is a severe consequence of the pandemic, up from just 15% saying the same in Q3.
Most (71%) contractors say they face at least one material shortage, up 17 points from 54% in Q3. The most reported material shortage is wood/lumber, which has seen higher demand from a boom in residential construction during the pandemic. Now, 31% of commercial construction contractors report a shortage of lumber, up 20 points from 11% last quarter. Of those ....

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