According to a workforce survey by the Associated General Contractors of America (AGC) and software company Autodesk, the COVID-19 pandemic has harmed the construction industry, prompting project delays and cancellations, layoffs, and furloughs. Yet, it remains difficult for a majority of firms to find craft workers to hire.
According to a recent survey by the Associated General Contractors of America, construction layoffs are spreading rapidly as COVID-19 shuts down projects, in contrast to job gains through February in most metros. Additionally, more than half of firms have had projects halted as 74 percent seek new paycheck protection loans to retain staff.
Construction officials say new federal guidance should signal to state and local officials the need to allow construction activity to continue across the country.
The coronavirus pandemic has caused more than one out of four contractors to halt or delay work on current projects, according to a new survey released by the Associated General Contractors of America (AGC).
