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The Tax Cuts and Jobs Act will have diverse impacts on contractors' after-tax income and on demand for construction. In general, contractors taxed as C corporations will benefit immediately from a reduction in the top corporate tax rate from 35% to 21%.
Reshaping the Construction Industry
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Gentilucci makes the point that craftsmanship is still critical to the construction of today and emphasizes the critical need for companies to recruit, train and retain skilled workers.
January 29, 2018
Politicians and opinion makers regularly condemn illegal immigration often are quick to add that prospective immigrants should "get in line" and come in via proper channels. Unfortunately, the few such remaining options are now under attack by many of the same people who say they favor legal immigration.
January 26, 2018
It’s not just the areas along the Gulf Coast that are feeling the pinch of an even tighter labor market following last year’s devastating hurricanes and the rebuilding efforts that followed.
January 25, 2018
The men in hardhats compacting fake stone, pouring concrete and handling other jobs on the Museum of Fine Arts, Houston work site typically are paired up based on experience levels. Thus, a 20-year construction veteran often finds himself working alongside someone with just weeks under his belt.
January 24, 2018
The second Friday in December, as the snow from the storm the night before still lingered, Patrick Jankowski, vice president of research at the Greater Houston Partnership, outlined his employment forecast for Houston in 2018 – 45,000 in employment growth. A month earlier, Dr. Bill Gilmer from the Institute for Regional Forecasting at the University of Houston gave an employment growth range of 20,000 to 70,000 with the weighted average hitting at 41,000 jobs.
January 23, 2018
The American media and the politicians from the President of the US down to the local elected officials and law enforcement officials are involved in the issue, which, like construction is complex and in the end, very personal.
January 22, 2018
There were 210,000 job openings in construction, not seasonally adjusted, at the end of November (up from 178,000 in November 2016), BLS reported on Wednesday in its latest Job Openings and Labor Turnover Survey (JOLTS) release. This was the largest November total since the series began in 2000. The industry hired 256,000 employees in November, very close to the November total in each of the previous 10 years
January 19, 2018
Construction associations are among the business groups this year encouraging employers and their employees to get out the vote in the Texas primary elections. They and others are stressing that in Texas, the vast majority of the state-level races are actually decided by voters in the March primary while the November elections are often just an afterthought.
January 18, 2018
ACE Mentor Program Houston’s annual Build it Forward event is a “win” on every level, benefitting local charities while building interest in construction careers and relationships between organizations who support those careers. At the Houston affiliate’s annual Build it Forward event, Elizabeth McPherson talks with some of the people whose support makes this event a “win” on every level.
January 17, 2018
