Forbes contributors publish independent expert analyses and insights. Stuart Anderson writes about immigration, business and globalization. Labor costs today make up approximately two-thirds of U.S.

Construction is a labor-intensive business. Despite tremendous advances in design, coordination, and management technologies, the physical installation of work in the field remains reliant on people.

The US economy has been gradually cooling since the peak growth rate of the cycle in 2022, when stunning nominal growth numbers in the 10% range were achieved on the heels of massive pandemic-era ...

Every change in the economic environment presents profit opportunities as well as problems. The persistent tightness in the labor market, which will last through 2030, will mostly challenge companies, ...

As many states deemed construction personnel essential, business leaders and HR managers had to adapt to changing business conditions over the past year rapidly. This included creating and ...

Supply chain and logistics organizations are facing the hard reality of needing to stay productive and profitable amid the ongoing labor shortage. A recent Descartes survey of supply chain and ...

The conventional wisdom that high-paying jobs require office work and advanced degrees is being challenged by the current job market. Labor-intensive careers are proving to be increasingly lucrative, ...