Construction Industry Experiences Slowdown as Labor, Supply Shortages Wreak Havoc

The construction industry is struggling to recover from the pandemic due to difficulties hiring workers and severe supply chain shortfalls, a report found.

Construction contractors project revenue to remain stagnant and below pre-pandemic levels over the next 12 months even as the economy-wide recovery continues, according to the report published Wednesday by the U.S. Chamber of Commerce. While the Commerce Commercial Construction Index (CCI), which the Chamber measures on a quarterly basis, ticked up one point, it remained eight points below its early 2020 figure.

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Amazon to Pay Employees’ Full College Tuition in Latest Attempt to Attract More Workers

Amazon will begin paying college tuition for hundreds of thousands of its employees in an effort to attract more workers, the company said Thursday.

More than 750,000 hourly Amazon employees nationwide will be eligible to have their full college tuition paid for at one of hundreds of partner universities, according to the announcement. The billion-dollar online retailer said it would also pay for employees’ associate degrees and high school tuition.

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Florida Judge Sides with DeSantis over Federal Unemployment Halt

Judge Layne Smith, a Circuit Judge in Leon County, sided with Florida Gov. Ron DeSantis and his administration over the decision to cut off federal unemployment dollars for Floridians in June.

Smith ruled DeSantis was within his rights as governor as the state has attempted to get Floridians back to work during a national labor shortage.

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Commentary: American Armageddon

Americans are growing angrier by the day in a way different from prior sagebrush revolts such as the 1960s Silent Majority or Tea Party furor of over a decade ago.

The rage at the current status quo this time is not just fueled by conservatives. For the first time in their lives, all Americans of all classes and races are starting to fear a self-created apocalypse that threatens their families’ safety and the American way of life.

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Labor Shortage Slows Oil Production in Major Fracking State

A shortage of workers has contributed to a significant crude oil production slowdown in North Dakota, the second-largest U.S. oil hub behind only Texas.

The labor shortage has caused oil output to become “flat as a pancake,” North Dakota State Mineral Resources Director Lynn Helms told The Bismarck Tribune. Energy companies have struggled to find workers needed to do the laborious work — injecting water, sand and chemicals into wells to extract oil — associated with fracking.

“Most of these folks went to Texas where activity was still significantly higher than it was here, where they didn’t have winter and where there were jobs in their industry,” Helms said, according to the Tribune. “It’s going to take higher pay and housing incentives and that sort of thing to get them here.”

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DeSantis Announces Grants for Florida Rural Communities

A home in rural Florida

Monday, Florida Governor Ron DeSantis announced $29 million development grants for small and rural communities.

A total of 42 communities are eligible for the grants, and to qualify the towns have to have a population of under 50,000 or be in an unincorporated county with less than 200,000.

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Commentary: Stop Calling It a ‘Labor Shortage.’ It’s an Incentive Shortage

It’s no secret that US businesses are struggling to find workers. Recent surveys have shown that small businesses are reporting record job openings.

Many have described the phenomenon as a labor shortage.

“Walk outside: labor shortage is the pervasive phenomenon,” economist Lawrence Summers recently observed at a conference hosted by the Federal Reserve Bank of Atlanta.

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