Eighty percent of construction firms plan to expand 2015 payrolls

Eighty percent of construction firms plan to expand their payrolls in 2015 while only 7 percent expect to reduce headcounts according to survey results released on Jan. 21st by the Associated General Contractors of America. The survey conducted as part of Ready to Hire Again: The 2015 Construction Industry Hiring and Business Outlook indicates that most contractors are optimistic about the year ahead and ready to expand but will have to cope with challenges including worker shortages and regulatory burdens.

“Contractors are extremely optimistic about the outlook for 2015” said Stephen E. Sandherr the association’s chief executive officer. “Indeed if their predictions prove true industry employment could expand this year by the most in a decade.”

Click 2015 Outlook for more information.