Construction is essential to the global economy and as such it represents one of the biggest industries in the world and the US. As construction is notoriously slow in adopting new trends and with other factors affecting the overall industry of construction with its subsectors, there are some challenges in the industry that are still waiting to be resolved. Here are some of the top contemporary challenges in the industry of construction.
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Shortage in Experienced and Skilled Construction Workers
The challenge of shortage in professional and skilled labor is still posing as a major problem ever since the recession in 2008 exhausted the market of real estate and similar sectors. Construction workers were forced to change professions and seek income in other industries. That is how the shortage of skilled and professional labor emerged. Even though more construction workers are training for various projects and construction jobs, the industry’s demand can’t be satisfied with the present number of construction professionals.
Safety and Communication
Safety and proper communication across teams are some of the top concerns in the industry. With the adoption of technology, safety can be significantly improved while improvement is much needed in the industry given the fact that the highest number of injuries on the job is recorded in the industry of construction. The industry is also heavily fragmented, while not all teams have managed to establish functional communication which could induce more efficiency across the industry.
Technology Adoption and Regulations
Construction businesses need to respect certain regulations when it comes to building, while it is often difficult to follow up with all the changes and evolution of regulations. What appears to be even more difficult is to train all construction workers to pay attention to these regulations. Tech could greatly improve efficiency, functionality, and productivity, however, adopting tech is rather slow-paced in construction.
