Construction Job Openings Up In November

The Bureau of Labor Statistics’ (BLS) most recent Job Openings and Labor Turnover Survey (JOLTS) showed the number of open, unfilled construction jobs increased in November 2014, according to a new report from the National Association of Home Builders (NAHB). On a seasonally adjusted basis, jobs in the second to last month of last year rose to 145,000, which marks the third highest total of unfilled positions in the construction sector post-recession.

On a three-month moving average basis, the rate of open, unfilled positions in the construction sector rose to 2.13 percent in November. Since early 2014, this rate has usually been higher than rates seen from 2001-2003, before the building industry’s boom.

Read the full article at NAHB here.

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Industry Trends5 min

Helping Small Builders Compete Against the Giants

Big builder market share has doubled in the last 25 years and now represents about 50 percent of housing starts nationwide – and even 75 percent in some major metro areas. These mega-builders have huge budgets for both land development and marketing. It’s increasingly difficult for small and medium-sized builders to compete, but LP is committed to helping them prosper.

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Leading the Way in Supply Chain Innovation

To better serve its customers in areas of order accuracy and delivery predictability, LP has set some of the industry’s most aspirational supply chain goals. Senior leaders meet regularly with experts at Gartner, arguably the nation’s best consulting firm in the realm of supply chain optimization. The aim is to apply best practices in procurement, logistics and working capital across more than $1 billion of addressable spend.

Maintenance4 min
Outdoor Spring Cleaning Checklist: The Complete Homeowner’s Guide

Move aside, Old Man Winter—it’s officially springtime. Could your home’s exterior use some sprucing up before you’re officially ready to soak up the sun? This spring cleaning season, make sure you’re showing some TLC to both the interior and exterior of your home.

Business Advice5 min
The Importance Of Vapor Permeability In Building Envelopes

For weather-resistant barriers (WRBs), ASTM has developed rigorous tests for water resistance and water penetration, plus an air barrier assembly test. But an equally important test is ASTM E96, which measures water vapor permeability over a 24-hour period.