It is a well-known fact in the construction industry that the first steps of tackling a new project set the tone for the success of the project itself. Even if the planning is impeccable and safety precautions are put into place, if the relationship with the client and project manager is not amicable, the project is already off to a shaky start. It is true that what really makes projects move along is the quality of the labor itself, but there is an undeniable ‘human’ element to all projects that can make or break the overall success.
The overbearing entity of the economy and its success inevitably boils down to the workers who put their efforts and resources into it; so it’s no surprise that the lack of workers, specifically in the construction industry, has an impact on the larger economic picture. Not only are companies struggling to find workers, but project completion is delayed largely because of the shortage in labor.
It’s no secret that the construction industry took an economic hit during the Great Recession. Many key industries to the American economy are still fighting to recover, and as a result, there are a variety of cost-effective initiatives established to guarantee the financial welfare of a post-recession company. However, risk taking is always an important part in any company’s growth, therefore cutting costs and taking the normal route can sometimes impair financial growth. After all, successful companies did not emerge by following the same guidelines their counterparts did.READ MORE
Portland is considered one of the economic hotspots of the Northwest, so it comes as no surprise that young professionals are making their way out to the scenic coastal region of Oregon. However, the demand of housing in the area has caused there to be a shortage of over 20,000 affordable housing options in the Portland area, an issue that is affecting mainly younger individuals because of their limited financial means.
The Pacific Northwest has a long history of being a coveted place to live, what with boasting affordable living and exciting culture, but as of the past year states like Oregon, Washington and Alaska have seen a population increase due to the surge in the job market. After all, to be able to afford to live in such beautiful states, newcomers need jobs to support themselves. These jobs aren’t just coming from local coffee shops or corner stores — the construction industry has met record highs in many northwestern states.