Contractors ramp up headcounts anticipating private, public market growth

Seventy-one percent of construction firms plan to expand their payrolls in 2016 as contractors expect increased activity in a range of public and private market segments, according to results of an Associated General Contractors of America and Sage Construction & Real Estate survey. Conducted as part of AGC’s “The Challenges Facing a Growing Industry: The 2016 Construction Industry Hiring and Business Outlook,” the survey indicates contractors foresee a positive year despite tight labor conditions, regulatory burdens, and information technology security challenges.

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