Employment Creation Commission Coming Soon

It was supposed to be released on October 4, but the partial government shutdown delayed it. It was refreshing having a payrolls Tuesday instead of a payrolls Friday. What wasnt refreshing was the 148,000 payrolls number. That was significantly below my expectation of 170,000. However, Augusts number was revised up to 192,000. There was little change in the number of long-term unemployed (27 weeks or longer) or the labor force participation rate. The Federal Reserve (Fed) is somewhat vindicated in its decision not to start tapering in September. What effect will the partial government shutdown have on the October report, to be released in November? It will probably be a little, but not a lot. The key is timing. Payroll numbers for the report are calculated for the pay period that includes the 12th of the month. Businesses may have delayed hiring in anticipation of budget problems out of D.C. Their fears proved to be well founded. Given that the shutdown ended on October 17, its likely that the October report will show private payrolls that are somewhat depressed. That should not be seen as a change in the upward trend of the economy, though. There was probably a pickup in hiring after the shutdown ended. What about the federal payrolls number? Federal employees have a pay-period calendar published by the General Services Administration, and that pay period in October runs from the 6th to the 19th. Given that the partial government shutdown ended on October 17, federal employees furloughed should be counted. However, they will only have three days of pay counted. They will get retroactive pay, but it doesnt count when calculating wages for the employment situation report. As a result, while the payrolls number shouldnt be affected, the number of hours worked will be. The key takeaway is that the October reportat least as it relates to the number of people on the payrollsshouldnt be distorted too much by the furlough, though it will likely understate the strength of the economy. The Fed will likely err on the side of caution and wait to see what the November and December numbers look like before changing its policy of asset purchases. That should keep ample liquidity flowing through the economy and the markets. The views expressed are as of 10-22-13 and are those of Chief Portfolio Strategist Brian Jacobsen, Ph.D., CFA, CFP, and Wells Fargo Wells Fargo Funds Management , LLC. The information and statistics in this report have been obtained from sources we believe to be reliable but are not guaranteed by us to be accurate or complete. Any and all earnings, projections, and estimates assume certain conditions and industry developments, which are subject to change. The opinions stated are those of the author and are not intended to be used as investment advice.

The planned commission will be tasked with research, analysis and coordination of policies and programmes focussed on employment creation, including the implementation of the National Employment Policy. President Hifikepunye Pohamba revealed this yesterday when he launched Namibias 2013 National Employment Policy during the two-day National Employment Conference in Windhoek. In order to succeed, we must as a matter of urgency, take practical steps to reduce the high levels of poverty, inequality and unemployment, while ensuring industrial peace and harmony in all sectors of the economy, he said at the event. The new National Employment Policy was formulated to facilitate the implementation of specific interventions to achieve the objectives of Namibias 4th National Development Plan (NDP4) and Vision 2030. The policy is linked to the countrys industrial policy, which is aimed at strengthening and mainstreaming the employment creation dimension of the identified priority economic sectors under NDP4. The policy is a product of extensive consultations between the Ministry of Labour and Social Welfare and various other role players. Its overall goal is to promote full, productive and decent employment that will eradicate poverty and reduce income inequalities, Pohamba said. The policy also focusses on key areas for job creation, namely modernization of the agricultural sector and food production; systematic and targeted value addition; renewable energy generation and green jobs, housing and sanitation, tourism, as well as small and medium size enterprise development and the transformation of the informal economy. I believe that the objectives of this policy will only be achieved when all role players take ownership of and implement the policy in a structured and co-ordinated manner. I call upon the Ministry of Labour and Social Welfare to provide policy direction and coordination, as the custodian and secretariat for the implementation of the employment policy, he said. Pohamba added that the recently announced Mass Housing Scheme under which 185 000 houses are supposed to be build during the next five years, has huge potential for job creation. He therefore urged the Ministry of Regional and Local Government, Housing and Rural Development, as well as the National Housing Enterprise (NHE) and other stakeholders to incorporate the training of unskilled workers, particularly women and youth, in the implementation of the ambitious scheme. The 2012 Labour Force Survey indicated Namibias national unemployment rate is 27.4 percent, while unemployment amongst youths aged 20 to 24 stands at 48.5 percent. In all age groups, the percentage of unemployed women is higher than that of men, which the president noted as a serious concern. While welcoming delegates to the national conference, Labour and Social Welfare Minister, Doreen Sioka said: Employment is the pulse of the national economy. Unemployment is a disease that both the public and private sector must fight. Also speaking at the opening of the conference, the Director of the International Labour Organisations Pretoria Office, Vic van Vuuren, noted that there are about 250 million unemployed people in the world, of which about 75 million are young people. Van Vuuren continued that social dialogue needs to be inclusive, beyond the employment arena and that countries that have impacted unemployment in a meaningful way have taken bold but necessary steps.


Director Of Engineering – Findmjob.com

Awareness. Spirits. Role Booster, the new online awareness and fundraising platform, is looking for a wildly talented Director of Engineering who combines strategic thinking with detail-oriented execution in a fast-paced, dynamic, entrepreneurial environment. As a key member of the Booster team your work will contribute to scaling an existing platform that inspires and enables people to raise money and awareness for their passions and causes with custom merchandise. Backed by our parent sponsor – a profitable, fast growing, top 200 e-tailer, and top places to work employer – we expect to grow rapidly, building both a brand and direct marketing strategy that requires a sophisticated and ambitious coordinated effort. Our MVP has done well. But now, we need you to help build the next version and fill out the vision (hint: it is much more than what you see!). Were on CoffeeScript, Rails, Jenkins, Capistrano, New Relic and deploy multiple times a day. Everyone pushes to production supported by a clean stack and a solid process. This role reports to the Chief Technology Officer and will have expansive perspective on the overall operations. Aligned with the nature of a fast-growing, startup environment, you must be flexible and willing to wear many hats. In addition, youll be straightforward, fact-based, and down-to-earth, with utter focus on business execution. Responsibilities Our engineering team works proactively to solve challenges associated with a growing, high-volume, consumer facing Web application. In this role, you will have ownership of critical functionality related to the Booster platform, and work collaboratively on continuous innovation to ensure we deliver an optimal Web experience for our customers. This is an ideal position for someone who enjoys the rhythm of agile, test-driven development cycles and the rewards that come with delivering technology that has instant impact on a growing business. You will be responsible for communicating the vision and plan for your roadmap across Booster. Working closely with the Booster leadership team, you will participate in aligning technology strategy and execution, and supporting Boosters growth plans. You will be continuously interacting with members from sales, marketing, business development and product; acting as a resource and helping to execute on the most valuable tasks. As such, strong consultative experience, presence, and the ability to work across functional technical groups is required. Booster offers a competitive salary and benefits package. Skills & Requirements

August Construction Spending Rises 0.6%


That offset a 3.8 percent drop in spending on federal projects, http://www.ihireconstruction.com which fell to their lowest level since June 2008. The construction report had been scheduled to be released on Oct. 1 but was delayed because of the 16-day partial government shutdown. Total construction is 7.1 percent higher than a year ago with residential activity up 18.7 percent, nonresidential up 4.3 percent and government construction activity down 1.8 percent from a year ago. The housing rebound that began in 2012 has helped drive economic growth and create jobs in construction. But mortgage rates are nearly a full percentage point higher than the spring, an increase that began in May when the Federal Reserve first signaled that it might slow its $85 billion in monthly bond purchases. However, at its Sept.

UK Construction Sector Activity Strongest in Nine Years – Survey

About 30 armed Maoists, including women, raided the site of a contractor, undertaking road construction from Titijhola to Jugsaipatna under PMGSY, and took the staff out of the camp before setting afire two JCBs, two tractors and a motorbike last Sunday. The contractor was not present at the time of incident in the camp located in an inaccessible area, police said. The Maoists then ordered the villagers to resist road construction work on the plea that it would facilitate bauxite mining from Khandualgiri and thereby take away their right over the forest. The rebels also claimed that the labourers engaged for road construction were paid low wages. After being informed about the incident, a police team reached the spot yesterday and recovered posters purportedly left by the Maoists at Minagpadar and Jugsaipatna. Investigation into the incident was in progress and combing operation launched in the area, Dehuri said.

The increase is in line with other indicators of construction activity and shows the sector is starting to rectify the imbalance between the supply of residential homes in the U.K. and demand, which has been driving up house prices. “While it’s certainly good news that construction–and especially house building–is finally on the rise right across the U.K., we are certainly not out of the woods yet,” said Simon Rubinsohn, RICS’s chief economist. “Critically, we’re still way behind in terms of building enough homes to meet the nation’s growing housing need and overall construction projects are at a historical low.” The increase in construction activity, a key sector of the economy, should help ensure economic growth continues to gather pace in the second half of the year. The preliminary estimate of U.K.

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La. Construction Spending Reworked By Jindal

Construction work to restart on 49ers stadium after 2nd worker’s accidental death

Kent and I work with them through the process with small measurable steps showing the value of each change along the way.” At last month’s workshop, Breistol focused on recruiting, hiring and retention. She covered in detail the key to finding and keeping a high-quality staff to an audience of human resources professionals and business owners. “Business owners and hiring managers are surprised at the cost of turnover being in the thousands of dollars for a single bad hire. When it is explained to them how those costs are calculated, they can’t help but want to learn how to do a better job at pre-screening, interviewing and hiring the right person,” says Breistol. Breistol’s next workshop through SCORE will cover using the Internet as a hiring tool, and later this fall she will speak to the FIU Construction Management Student Chapter about employment strategies. In the last year, the construction industry has seen strong and steady growth, a welcome trend after years of slow or no growth. One metric for measuring the recovery of the industry is seen in the number of jobs posted online today.

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Residential construction spending doubled between 2009 and 2012 to $5.3 billion and it is expected to double again by 2015, though the production of new housing units is not keeping pace. In 2012, New York City added 11,000 units of new housing on $5.3 billion click this in residential spending, while in 2008, 33,000 new housing units were produced with $5.9 billion in spending. Non-residential construction, fueled in part by the World Trade Center and Hudson Yards projects, is forecast to reach $10.3 billion in 2013, up from $8.9 billion a year ago, rising to $10.8 billion in 2014 and $13.6 billion in 2015. The Building Congress forecasts 2.9 million square feet of office space will be in construction in seven Manhattan office towers during 2014, 2.6 million of which is located at the World Trade Center and the West Side. Back in 2003, government officials unveiled ambitious master plans for both the World Trade Center and Hudson Yards, said Building Congress Chairman John Dionisio, in a statement. After a decade, those ambitious visions and upfront capital investments are paying off. Government spending, however, forecast to increase from $13.4 billion this year to $13.7 billion in 2013, will drop to $13.5 billion in 2014 and $12.8 billion in 2015, and the Building Congress warns that the citys design and construction spending could fall to $7.5 billion in 2013, $7.2 billion in 2014 and $6.4 billion in 2015. The Metropolitan Transportation Authority and Port Authority of New York & New Jersey is expected to hold steady throughout the forecast period, though the report cautions http://www.ihireconstruction.com that there is a fair amount of uncertainty in the government forecast, given a new mayoral administration is underway and changes at the City Council.

A delivery truck driver was crushed early Monday by a bundle of rebar being unloaded from his truck. An ambulance rushed the severely injured worker to a local hospital, where he died, according to a spokesman for Turner/Devcon, the construction company building Levi’s Stadium. The spokesman, Jonathan Harvey, said state workplace safety officials said Monday that while their investigation is ongoing and could take months, “the jobsite has been deemed safe and is permitted to reopen.” The Santa Clara County Medical Examiner-Coroner’s Office identified the man as Edward Erving Lake II, 60, of Vacaville. He was an employee of Gerdau Ameristeel’s Napa Reinforcing Steel facility, a subcontractor working on the stadium, Gerdau’s spokeswoman Kimberly M. Selph said. In a statement, the 49ers said their “sincerest thoughts and prayers are with the family, friends and co-workers affected by this tragedy.” The team also said there were plans to have support on-site Tuesday to help workers with their emotions following the tragedy.

Construction Spending Will Eclipse Boom Years: Building Congress

He said slowing them down to start more construction work keeps projects half-finished, and he questioned if that was an appropriate way to use taxpayer dollars. “On July 17, you came to us and you had these same projects and you said every one of these was shovel-ready and every one of these was a top priority. Now, a few months later, none of them are shovel-ready and none of them are a priority. What changed between then and now?” Kennedy said. Jindal’s facility planning chief Mark Moses said 18 of the 94 projects losing funding were completed and had money left over that could be reallocated. He said some projects had more money than they could use this year and others had slowed because their local funding had dried up or lessened. “It’s not that the other projects are more important.

Construction Work To Restart On 49ers Stadium After 2nd Worker’s Accidental Death

‘Construction companies need to invest in their business to grow the industry’


(click to enlarge) Translating growth into sales and profit Simpson has a lot of spare capacity it built to meet market demand during the 2000 heydays. Currently, the company estimates it’s only running at 60-70% utilization. That suggests ongoing demand should continue to support not only sales, but margins thanks to leverage. Simpson lost Lowe’s as a customer in 2012, which amounted to a $20 million annualized headwind, yet sales still increased by 10.5% in North America from last year. The company saw growth in all United States regions and sales to homebuilders, ex-Lowe’s headwind, were up 6% from a year ago.

Construction start on I-565/County Line Road interchange days away after Madison sends $1.7 million check

“So that work should be happening very soon,” said District 1 Councilman Tim Holcombe. “As soon as they get our check in hand, work should begin.” The check the city will write to the state is much smaller than what officials anticipated last fall when ALDOT showed plans and construction phases for the interchange. The project was expected to cost more than $30 million but the low bid came in at $10.7 million. The city will spend nearly $1.5 million less than the $3.2 million it set aside for matching funds last winter. The layout shows two new loops for connecting with the interstate, as well as two long ramps, one for westbound vehicles merging onto I-565 and one for eastbound vehicles exiting I-565 onto County Line Road, on the airport side of the interstate.

Todd Campbell picture

Such projects are not done in five-10 years but 20-30 years. So, http://www.ihireconstruction.com it is for the future and so, we have to be patient with the promoters. I can tell you that we have intelligent engineers here who can deal with such project and we are saying that such local engineers should be given the opportunity to work on the project. It is not a nice thing to give a blanket judgment on Nigerian companies, saying that they are not good enough to undertake certain projects. On this our 20th anniversary celebration whose theme is Emergence of Indigenous Construction Company in Nigeria, we are drawing the attention of government and the public to the fact that there are indigenous companies that can do what the foreigners http://www.ihireconstruction.com are doing. Construction Kaiser in the next five years If you look at our logo, you find that we are shooting for the sky. It is a triangle. We want to be better and improve with every project. Our clients are happy with us because we are ready to learn with every job.

He http://www.ihireconstruction.com was an employee of Gerdau Ameristeel’s Napa Reinforcing Steel facility, a subcontractor working on the stadium, Gerdau’s spokeswoman Kimberly M. Selph said. In a statement, the 49ers said their “sincerest thoughts and prayers are with the family, friends and co-workers affected by this tragedy.” The team also said there were plans to have support on-site Tuesday to help workers with their emotions following the tragedy. The stadium is in Santa Clara, about 40 miles south of Candlestick Park, which it is replacing. Construction is slated to be finished in July, and officials say the accelerated work plan involves a highly coordinated scheme to maximize efficiency and avoid delays.

Construction Head: School Of Music One Of The Most Complex Projects He’s Overseen

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B.C. construction industry turns to Ireland to fill jobs: “crisis” looming

The construction of the http://www.ihireconstruction.com evaporation ponds is ahead of schedule with 87% of earthworks completed. The evaporation pond lining program is on schedule. Other notable events are as follows: — Water supply wells have been completed — Camp has been completed and is operational — The construction and fit out of the laboratory has been completed — Erection of the lime plant is more than 50% complete — The engineering design of the lithium carbonate plant has been completed and the lithium carbonate plant is under construction — The final stage of the roadworks is nearing completion — The gas supply and distribution system are 90% complete The project continues to proceed on time and within budget. A total of approximately US$133m has been spent or committed via executed contracts in the construction project to date. To view the photos accompanying this press release, please visit the following link: http://media3.marketwire.com/docs/Olaroz_Construction_Update_14-Oct-2013.pdf. More images are available on our web page under “Gallery”. Please click here for the most recent images: http://www.orocobre.com.au/Gallery_Construction_September.htm.

Building structure completion: Summer 2014. Building skin completion: Spring 2015. Testing/commissioning: Winter 2015-16. An architect’s rendering shows the student commons inside the new School of Music, which is being built at the corner of Clinton and Burlington streets. / LMN Architects More ADVERTISEMENT As the new Hancher Auditorium begins to take shape along the Iowa River, and the new School of Music rises downtown, looks might be deceiving as to which is the more complicated of the two massive University of Iowa projects. Hancher, a $176 million project, is arguably the glitzier of the two fine arts facilities, which are in the early stages of construction on the opposite ends of campus after the flood of 2008 shuttered the complex they once shared. The steel-clad Hanchers curving, futuristic design will stand in contrast to the clean lines and modern architecture of the glassy, $153 million School of Music.

Construction of dual carriageway starts

Contract of the construction was granted through an open tender to a private construction company, while LDA and National Engineering Services of Pakistan (Nespak) would supervise the project costing around Rs1.8 billion. Under the project, the existing 4km road alongside the Samanabad Nullah to Gulshan-i-Ravi would be rehabilitated and widened to 60 feet consisting three lanes from each side. The construction would be completed within six months and help ease traffic flow for over 50,000 vehicles daily besides reducing travelling time from Ferozepur Road to Motorway M2 Babu Sabu Interchange. In the first phase, LDA demolished illegal constructions from the LOS side of the road while it would launch an operation later this month on Multan Road in Poonch House Colony where dozens of illegal houses had been constructed. LDA officials said the anti-encroachments operation would be launched soon and construction would be completed within the stipulated time.

construction industry, about 30,500 jobs were expected to go unfilled by 2012, according to the association’s own statistics. To address some of the problem, the association is organizing and hosting the Western Canada Construction Job Expo Oct. 31 in Belfast and Nov. 2 in Dublin, where it will represent about 30 employers, half of them from B.C., said Fulton. Wanted will be workers in more than 50 construction trades, from bricklayers to framing carpenters, power-line technicians to welders. Even architects and structural engineers are in demand. Two employees of the provincial nominee http://www.ihireconstruction.com program, which allows the B.C.

Stable Construction: Why Managers Expect Medium-term Higher Rates

Construction sector leads European share slide to 1-month low

So even though the number of ships on order alone would have shown that all is http://www.ihireconstruction.com not well for Supramax vessels, Aprils jump may point to optimism among companies focused more on minor bulks, or intense competition due to smaller capital requirements. While construction http://www.ihireconstruction.com activity for Capesize vessels remains most optimistic, the recent decline shows that new ship deliveries will continue to fall over the short to medium term. Plus, its important to note that the construction of Capesize vessels takes longer because of their size. Construction activity is basing Construction activity has started to base. This signals that the construction-starts-to-delivery balance is finally normalizing (the number of orders that are going into the construction process compared to those that are delivered to shipping companies match up), which reflects managements expectation of higher rates in the medium term.While higher construction activity could drive supply growth higher, it isnt so worrisome, as shipping companies http://online.wsj.com/article/SB10001424052702304626104579120113585368826.html just went through a huge bubble burst. Psychologically, managers arent going to rapid-fire new vessel orders like they did from 2006 to 2008. With good shipyards fully booked, according to shipping company CEOs, investors should view higher construction activity as a medium to long-term positive for firms such as DryShips Inc.

Construction Week: Dodge Momentum Index Up in Sept.; Hydraulic Issue Blamed in NYC Crane Mishap

And, is it safe to swing on a wrecking ball in the nude? No one could provide the answers. Some assume the debate on this topic is really what shut down the government. So, naturally, CollegeHumor turned to the people who know sledgehammers and wrecking balls best construction workers.

budget impasse prompted some investors to trim back positions in sectors such as construction. The FTSEurofirst 300 index fell for a third straight day and was down 0.3 percent at 1,227.91 points by 0704 GMT, just off an intraday trough of 1,227.38, its lowest level since early September. The construction sector, meanwhile, was down 1.1 percent. However, losses were limited on news that U.S. President Barack Obama will announce later in the day the nomination of dovish Federal Reserve Vice Chair Janet Yellen to head the central bank.

on Sept. 30 won a $6.4-million fixed-price contract from the U.S. Navy to repair and restore the Naval Sea Systems Command building at the Navy Yard in Washington, D.C. The site sustained extensive damage in the Sept. 16 shooting that killed 12 people, including a Naval Facilities Engineering Command employee and contractor. The firm will make immediate safety repairs, conduct detailed damage assessments and develop alternative concept designs for the historic structure.

Construction Company Ceo, Son In Jet That Hit Hangar

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Construction union head eyes labor pact for Northwestern Mutual project

(AP) A construction company CEO and his son were believed to be aboard a jet that slammed into a hangar and burst into flames after landing at a Southern California airport, in what fire officials described as an unsurvivable accident, an official with the firm said Monday. Mark Benjamin and his son, Luke Benjamin, were apparently on the twin-engine Cessna Citation that crashed Sunday evening, Morley Construction Vice President Charles Muttillo told The Associated Press. Luke Benjamin was a senior project manager at Santa Monica-based Morley Construction, Muttillo said. Investigators awaited the arrival of a crane at Santa Monica Municipal Airport, but they did not expect to find any survivors on the flight from Idaho, officials said. “This was an unsurvivable crash,” Santa Monica Fire Department Capt. John Nevandro said Sunday night at a media briefing.

“It is clear that the industry continues to face a tough operating environment with impediments such as tight credit conditions and a lack of public sector building activity continuing to weigh on overall activity,” Ms. Toth said. The improved construction environment comes as other parts of Australia’s A$1.5 trillion (US$1.41 trillion) economy shows signs of responding to record low interest rates. Recent retail, housing and manufacturing data have pointed to a recovery in those sectors–sectors targeted by the central bank with a series of eight interest rate cuts since late 2011 to offset the mining slowdown. Last week, the central bank left the benchmark cash rate at a record low 2.5% citing improvements in some parts of the economy. Increasingly, economists believe there will be no further cuts in rates.

Australian September construction activity rises

Northwestern Mutual is in the early phases of its $450 million downtown development, which culminates with construction of a 32-story tower likely starting in September 2014, said Thomas DaArcy , senior managing director of Hines , the Houston-based company the insurance and financial services company hired to lead the development. 4 issue. The development is expected to create 1,000 construction jobs, and Northwestern Mutual has committed to hiring local builders and workers for a significant portion of the work. Balistreri said that, once contractors are selected to lead the coming phases of the project, he wants to negotiate a PLA for the job. The PLA would not require union-only workers or contractors, he said, but would set a union wage. Balistreri said heas had preliminary talks with Northwestern Mutual, but nothing formal regarding a PLA. Similar agreements were in place for the construction of the Wisconsin Center, for example.

Housing rebound lifts construction sector to three-year high

“New South Wales and Queensland are picking up – that is off a fairly low base – and they have got a reasonable way to go to recover the kind of construction numbers that are more typical of those markets,” she said. “There was a big housing boom in Victoria two years ago and we’re still seeing numbers come down off that.” Ms Toth says the three main factors driving the residential building bounce are the record low official cash rate of 2.5 per cent, the lower Australian dollar and certainty brought by the end of the federal election campaign. “We saw the same pattern this month with the performance of manufacturing industry, which actually clicked just above 50 points in September, and in services we also saw that index move closer to stabilisation,” she said. But Bank of America Merrill Lynch Australia chief economist Saul Eslake says the positive signs are more likely linked to rising confidence than stronger economic fundamentals. “It’s too soon to tell whether that apparently election-linked rebound in business confidence will be sustained,” Mr Eslake said. “If it is, it could certainly lead to a very welcome upturn in business investment outside of the mining sector.” The news should give the Reserve Bank of Australia (RBA) hope that its rate cuts are lifting construction, and not just home prices. But Mr Eslake says the recovery in housing demand has been disproportionately driven by investors this time, and that will concern the RBA because new property construction generates the most jobs and has flow-on benefits to retailers.

Construction Equipment Operators Vie In Crane Rodeo


Cranes are their livelihood, after all. “Teaching is just not the same,” said Frein’s wife, Janet, who passed the time by knitting. “He’s all pumped up about doing this.” But Frein wasn’t thrilled when he stepped down from the machine. “I think I looked pretty bad, I’ll tell you the truth,” he said as Janet wrapped her arms around him. “But it was fun,” he added, punctuated by a hearty “Ha!” “We would be proud of him no matter what,” said Frein’s son Nate, a graduate student studying biology at Washington State University Vancouver. Nate’s 3-year-old Iasem was nearby, following his grandfather’s lead by picking up rocks and placing them in orange plastic safety cones.

Commercial construction a $10 billion industry in Alabama, report finds

Sources said that the construction industry, reeling as it does under global recession, is facing “tough times”. “It’s a buyer’s market out there. Though the rise in the cost of sand and other fundamental construction material is bound to increase the cost of construction, the builders are unable to pass on the burden to the buyers. While on one side, new sales are hard to happen, old buyers are facing problems in repayment of sites their house loans,” Datta D Naik, owner of Commonwealth Developers, said. Sand transporters who manage to bring sand from outside Goa on the sly, sell it at a premium. Prior to the ban on sand transportation by Karnataka, sand was being brought to Goa from places like Karwar, Ramnagar and Londa, as sand extracted from the river beds in these places in considered much superior from that available in Goa. The fine Karwar sand is in great demand for its superior quality as opposed to the coarse river sand that is locally available.

Construction industry fears miner’s nightmare

We have thought all along we were a major industry in the state, but when we saw the actual numbers, it blew http://www.ihireconstruction.com us away. In an interview, Deravi said other measures of the construction industry have not included the entire industry, focusing only on contractors. When you ask, What is the construction industry? the answer is beyond the contractors and subcontractors, he said. Deravi said the industries tied to construction are obvious, such as architecture and engineering, but others may not be so obvious, such as concrete, paper, pulp, lumber and wood industries or even carpet or flooring. What surprised me was the breadth and depth of it, he said. We wanted to look at the whole enchilada. A graphic created by Associated Builders and Contractors of Alabama shows the economic impact of the construction industry in Alabama. (Special) Golden said when he became chairman of ABC Alabama the organizations mission was to increase the exposure and relevance of the construction industry in the state.

Uk Construction Activity Inches Off Six-year High In September, Jobs Strong – Pmi

construction labor

As a general contractor, you know so many other industries are touched and involved in our projects, but weve never seen it shown like this. Hightower said the industry has always had good support from the Alabama Legislature . However, being able to show how vital the industry is with the state could help ABC Alabama in its lobbying efforts, he said. Weve got good legislators on both sides of the aisle, he said. I think it just confirms what we knew: That were a major factor in the states economy. We just want everyone to recognize that and if legislation hurts us, it hurts the whole state.

Commercial construction a $10 billion industry in Alabama, report finds

“Construction is no longer the weakest link in the UK economy,” said Tim Moore, senior economist at Markit. “The third quarter of 2013 ended with output growth riding high amid greater spending on infrastructure projects and resurgent house building activity,” he said. Optimism was also up, with 51 percent expecting output would rise over the next 12 months and only 9 percent of respondents predicting a fall, the highest level of confidence since August 2010. Employers created jobs for the fourth straight month. “Having been in the doldrums for so long, builders are using this renewal as a platform to invest, with employment seeing the http://www.ihireconstruction.com most dramatic upturn in close to six years,” said David Noble, chief executive at the Chartered Institute of Purchasing & Supply. PMI data on Tuesday showed Britain’s manufacturing activity grew at a slower rate than expected in September, but also showed that employment picking up. The Bank of England is keeping a close eye on the UK labour market, having said that it would not consider raising record-low interest rates until the jobless rate falls to 7 percent.

iShares U.S. Home Construction ETF Experiences Big Outflow

iShares U.S. Home Construction ETF 200 Day Moving Average Chart

Among the largest underlying components of ITB, in trading today Lennar Corp. ( other NYSE: LEN ) is off about 1.7%, PulteGroup, Inc. ( NYSE: PHM ) is off about 1.6%, and D.R. Horton Inc. ( NYSE: DHI ) is lower by about 1.8%.

Construction union head eyes PLA for Northwestern Mutual project

Northwestern Mutual is in the early phases of its $450 million downtown development, which culminates with construction of a 32-story tower likely starting in September 2014, said Thomas DaArcy , senior managing director of Hines , the Houston-based company the insurance and financial services company hired to lead the development. 4 issue. The development is expected to create 1,000 construction jobs, and Northwestern Mutual has committed to hiring local builders and workers for a significant portion of the work. Balistreri said that, once contractors are selected to lead the coming phases of the project, he wants to negotiate a PLA for the job. The PLA would not require union-only workers or contractors, he said, but would set a union wage. Balistreri said heas had preliminary talks with Northwestern Mutual, but nothing formal regarding a PLA. Similar agreements were in place for the construction of the Wisconsin Center, for example.