Where Are All The Construction Workers?

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Where Are All The Construction Workers
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In the modern world, construction of houses,
building and different infrastructures can be
seen. However, it seems that the more the number
of infrastructure arises, the lesser the people
apply to construct it.
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The housing bust and Great Recession might have
scared a generation of would-be construction
workers away from the building trades.
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A review from one of the affiliates of Axis
Capital Group which is based in Singapore and
Jakarta, Indonesia states that there is a great
shortage of construction workers even when there
is a large number of people who seem good
candidates for this kind of job remain
under -employed.
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And this is not largely explainable by weak
building activity or slack demand for labor.
While wages for construction workers have not
been growing much more briskly than economy-wide
average, employed construction workers by the end
of 2014 were working the most hours per week on
record.
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One interesting result of the dearth of newcomers
seeking work in the sector is the dramatic
graying of the construction workforce. From
interactions with laborers and other lowly paid
construction workers at sites, lack of higher
paying work and low income emerge as major
issues with construction workers. The low
income is attributable to abundant supply of
laborers, who are willing to work at lower wage
simply to get employed maximum number of days.
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The other problem of lack of higher paying work
has to do low skill levels and lack of literacy
at laborers end. They lack skills for higher
paying work and they have lots of complaints
about the wages.
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In Asia, review says that most construction
workers are self-employed, doing contractual
works every 6 months, then finding another one
after the project is done.
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For most unemployed workers, getting together the
resources to go back to school can be extremely
difficult, especially if theyre trying to
support a family. Thats because many
construction workersand others displaced by the
recessionspent their savings paying the bills
while they were out of work.