At current rates of participation and completion, federal and state government-registered apprenticeship programs will fail to meet the construction industry’s short- and long-term skilled workforce needs, according to an Associated Builders and Contractors analysis of recently released U.S. Department of Labor data. ABC estimates that the construction industry’s federal and state…
According to an Associated Builders and Contractors analysis of the U.S. Bureau of Labor Statistics’ 2023 Union Members Summary released today, a historic low of 10.7% of the construction industry belongs to a union, a decline from 11.7% in 2022. BLS reports that 7.9 million construction workers were not members of a…
On Tuesday, Governor Murphy gave his seventh State of the State address before a joint session of the State Legislature. The Governor touched on familiar topics including affordability, economic growth, healthcare, affordable housing, organized labor, infrastructure, law enforcement and gun violence. In a departure from his last State of the…
Tonight, Associated Builders and Contractors New Jersey Chapter (ABC-NJ) proudly hosted their Excellence in Construction Awards Gala at the Berkeley Oceanfront Hotel in Asbury Park. This annual event features exceptional projects from top merit shop construction firms from across New Jersey, celebrates apprenticeship graduates and the year’s top craft instructor,…
According to an October 2023 survey of ABC contractor members published today, 98% of respondents stated that controversial prevailing wage and government-registered apprenticeship policies imposed by the Inflation Reduction Act will make them less likely to bid on clean energy projects. The survey gauged ABC members’ responses to a proposed…
The U.S. Treasury Department’s Internal Revenue Service today released a proposed rule and FAQs on provisions of the ABC-opposed Inflation Reduction Act, which will affect the developers, contractors and workers that are building clean energy projects eligible for more than $270 billion in federal tax credits. The Treasury’s Notice of Proposed Rulemaking, Increased Credit…
It would take 12 years for federal and state government-registered apprenticeship programs to educate the more than half a million workers the construction industry needs to hire in 2023, according to an Associated Builders and Contractors analysis of recently released U.S. Department of Labor data. ABC estimates that the construction…
I was disappointed to read an opinion column written by Frank Mahoney, Communication Director for the Eastern Atlantic States Regional Council of Carpenters, spreading mistruths about the Associated Builders and Contractors of New Jersey (ABC-NJ) and the awards we bestow on legislators for representing the NJ construction industry. Unfortunately, this…
WASHINGTON, Nov. 7—Associated Builders and Contractors has submitted comments to the U.S. Department of Treasury and the Internal Revenue Service regarding implementation of tax credits for clean energy construction projects funded by the Inflation Reduction Act, contingent upon new controversial prevailing wage, apprenticeship and domestic content requirements. “The IRA’s unprecedented…
Join ABC-NJ for a conversation on Employee Retention Strategies. Director of Workforce Development and Apprenticeship Michael Wright will outline a blueprint to hire and retain quality employees through Career Path Development and discuss the role that apprenticeship might play in your employee retention strategy. This will be followed by a…