Labor shortages, rising costs and persistent safety gaps remain the most pressing challenges for construction firms, according to a new industry study highlighted by OH&S Online. The research points to a tight labor market that is driving up wages and making it harder for contractors to staff projects with experienced workers.
The study also underscores the impact of escalating material and equipment costs on project budgets and schedules. Contractors report that volatility in pricing is complicating bidding, planning and risk management, particularly on longer-duration work.
Safety performance continues to be a central concern, with the findings indicating that many organizations still struggle to close gaps in training, oversight and compliance. The report suggests that uneven adoption of safety technologies and inconsistent field practices are contributing to preventable incidents.
Taken together, the results paint a picture of an industry under pressure to do more with less while maintaining safe, productive jobsites. The study’s authors note that firms are increasingly looking to technology, process improvements and stronger safety cultures to manage these converging risks.
