Associated Builders and Contractors recently released its 2024 Workforce Development Survey, which found its member contractors invested $1.6 billion to provide craft, leadership and health and safety education to more than 1.3 million course attendees nationwide in 2023, up from $1.5 billion in 2022 and on track with $1.6 billion in 2021. Other key findings included: Safety education accounts for the greatest share of total workforce investment at 59%, which has remained stable since 2022 ABC contractors invested an average of 7.5% of payroll on workforce development in 2023, slightly down from 8% in 2022 Trade and specialty contractors continued … Read more
Survey Says: ABC Members Invested $1.6 Billion to Upskill Construction Workforce
Filed under: eNews, Industry NewsTagged with: ABC, Associated Builders and Contractors, Construction Safety, skilled labor education, Trimmer Construction Education Fund, workforce survey