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An economic riddle: Where are all the construction workers?
finance.yahoo.com ^ | Feb 27, 2015 | Michael Santoli

Posted on 02/28/2015 10:57:18 AM PST by posterchild

The housing bust and Great Recession might have scared a generation of would-be construction workers away from the building trades.

That’s the strong suggestion of some new research by the Federal Reserve, which explored why shortages of construction workers are emerging even as large numbers of people who seem good candidates for that type of work remain under-employed.

A working paper by Fed economist Andrew Paciorek notes that construction employment growth has badly lagged the recovery in the labor market as a whole.

(Excerpt) Read more at finance.yahoo.com ...


TOPICS: Business/Economy
KEYWORDS: construction; economy; recession
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To: Straight Vermonter
BINGO!
41 posted on 02/28/2015 2:50:25 PM PST by VTenigma (The Democratic party is the party of the mathematically challenged)
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To: posterchild
My worry would be how much longer will we need construction workers?

"3D printers print ten houses in 24 hours"

https://www.youtube.com/watch?v=SObzNdyRTBs
42 posted on 02/28/2015 3:01:30 PM PST by PushinTin (Politicians are like diapers, they need to be changed often and for the same reason...)
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To: Straight Vermonter

Bingo


43 posted on 02/28/2015 3:28:55 PM PST by FreedomPoster (Islam delenda est)
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To: posterchild

Replaced by illegal immigrants who don’t show up in your stats.


44 posted on 02/28/2015 5:04:07 PM PST by tbw2
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To: PushinTin

It doesn’t do plumbing, electrical work, appliance installation, finishing, tile, etc. It doesn’t put in a foundation.
It doesn’t replace the skilled trades.


45 posted on 02/28/2015 5:06:09 PM PST by tbw2
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To: stephenjohnbanker
ALL of them are crumbling!!

Source, please.

46 posted on 02/28/2015 5:09:23 PM PST by Lizavetta
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To: Straight Vermonter

How about they (illegals) do the job for less than I can buy the goods. Also 6 to 8 show up in a van and do the job in one day that takes me a week. No Lic. No bond, No Workman’s comp. and no taxes paid. I wonder how they do it???????????


47 posted on 02/28/2015 5:10:45 PM PST by lostboy61 (Lock and Load and stand your ground!.)
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To: kearnyirish2

And they forgo children because they are: Immature, selfish, can’t afford them, responsible, etc.

And yet the illegals children are paid for by us fools. They are irresponsible and what they have here is so much better than the s-holes they came from.


48 posted on 02/28/2015 6:44:24 PM PST by Sequoyah101 (Adversity does not build character so much as expose it.)
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To: Sequoyah101

Before they supplemented our working class; now they supplement our welfare class...and American taxpayers are footing the bill. American taxpayers have just adopted millions of Mexican children, and they don’t even know it.


49 posted on 03/01/2015 8:16:09 AM PST by kearnyirish2 (Affirmative action is economic warfare against white males (and therefore white families).)
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