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Construction unemployment rose in August, and that’s good news for contractors

Dive Brief: The construction unemployment rate rose to 3.9% in August, a significant jump from July’s nnear-recordlow of 3.5%. This provides evidence that the sector’s overheated jobs market is beginning to cool without cratering. According to an analysis of Bureau of Labor Statistics data by Associated Builders and Contractors, nonresidential construction employment rose by a net […]

President of HBC: Vietnam can export the construction industry

Vietnam will dominate the global construction market if it implements several measures to boost competitiveness, as well as many favorable industrial circumstances… The global construction market is now estimated to be around 12 trillion USD, and by 2030, that value is expected to rise to 19 trillion USD. Vietnam’s building industry barely generates 50–60 billion […]