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Financial News

HR Insights: The Cost of Effective Training

By: Christ Taylor Insurance The Benefits of Training Programs Properly skilled employees are essential for a successful business, yet rarely employees enter a job with exactly the skill set needed. On-the-job training is vital to the creation and maintenance of a high-performing workforce. Though many employers consider training an expense and …

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Financial NewsWorkforce Weekly

Construction Unemployment Rates For Texas Remains Stagnant

November not seasonally adjusted (NSA) construction unemployment rates were down in 38 states and the nation on a year-over-year basis, according to analysis released today by Associated Builders and Contractors (ABC). While the rate for Texas, 4.5 percent was unchanged from November 2015—ranking 39 out of the 50 states, the …

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Financial NewsWorkforce Weekly

Construction Employment Falters in August

Associated Builders & Contractors- National WASHINGTON, D.C., Sept. 2—The U.S. construction industry lost 6,000 net jobs in August according to an analysis of U.S. Bureau of Labor Statistics (BLS) data released today by Associated Builders and Contractors (ABC). BLS also downwardly revised July’s estimate from 14,000 net new jobs to …

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Financial NewsIndustry News

Construction’s Contribution to Economy Increases in 30 States in 2015

WASHINGTON, D.C., Aug. 17— The value added by the private construction industry as a percentage of gross domestic product (GDP) increased in 30 states and decreased in only six in 2015, according to a report released today by Associated Builders and Contractors (ABC). Nationally, construction’s direct contribution to GDP increased …

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Financial News

Construction Backlog Reaches New High for Largest Contractors, ABC Reports

WASHINGTON, D.C., JUNE 21– Construction backlog among the nation’s largest contractors now stands above 12 months, a record for the series, according to Associated Builders and Contractors (ABC). The biggest firms with the greatest capacity to attract talent have been able to accept work that others have to turn away …

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Financial NewsWorkforce Weekly

Construction Backlog Expands Nearly 3 Percent at the Close of 2015

Uptick Suggests High Demand for Construction Workers will Continue WASHINGTON, D.C., –The South posted the highest backlog in the history of the Construction Backlog Indicator (CBI) in the fourth quarter of 2015, according to Associated Builders and Contractors (ABC). Nationally, backlog expanded by 2.7 percent to 8.7 months in the …

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Financial NewsWorkforce Weekly

Travel—Determining Compensable Time for Non-Exempt Employees

By: Tony Stergio Under the Fair Labor Standards Act (FLSA) a non-exempt employee must be paid for all hours the employee is “suffered or permitted to work.” This article addresses under what circumstances time spent traveling is considered compensable (i.e., the time is counted as hours worked). Home to work …

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