Construction Industry in Arizona Struggles with Workforce Challenges, Oct 2024

On October 15, 2024, in the United States, Arcoro published new data revealing the ongoing struggles of construction companies to manage their workforce effectively. The findings stem from a survey conducted with nearly 1,500 firms, which aimed to assess the current state of recruiting and retention strategies in the construction industry. The results indicate that many companies are grappling with a shrinking pool of skilled workers, which has led to significant project delays across the sector. The survey highlighted that while some companies are making efforts to recruit from diverse candidate pools, there are still considerable gaps in their strategies. For instance, 52% of respondents reported having a well-defined workplace culture, yet only 51% believe it aids in recruiting and retention. Alarmingly, 20% of firms either lack a defined culture or do not promote it, suggesting a missed opportunity to attract and retain talent. Moreover, the data revealed that a substantial portion of companies have not implemented upskilling techniques, with 24% indicating no such efforts. Among those that have, various methods are being employed, including performance management and new learning programs. However, nearly half of the respondents do not utilize business intelligence tools for workforce planning, which could enhance their operational efficiency. In conclusion, the findings underscore the urgent need for construction companies to adopt modern technologies and strategies to improve their recruiting and retention efforts. As the industry faces one of the tightest job markets in decades, companies must innovate to secure a competitive edge and ensure project success.