AnalysisWorkforce, Training & CareersThe Trades Just Hit a 26-Year Labor Squeeze. Data Centers Are Making the Hiring Fight Harder.Construction unemployment fell to 3.1% in August, the lowest rate in the 26-year history of the series, while wages and demand for skilled craft workers keep climbing. For HVAC, plumbing and electrical contractors, winning the next hire now requires more than posting a job and raising the hourly rate.TradeVulcan Dispatch Editorial Desk11 minTopic
Data Centers
Published Dispatch coverage connected to Data Centers.
2 published stories
AnalysisWorkforce, Training & CareersThe Trades Just Hit a 26-Year Labor Squeeze. Data Centers Are Making the Hiring Fight Harder.Construction unemployment fell to 3.1% in August, the lowest rate in the 26-year history of the series, while wages and demand for skilled craft workers keep climbing. For HVAC, plumbing and electrical contractors, winning the next hire now requires more than posting a job and raising the hourly rate.TradeVulcan Dispatch Editorial Desk11 min
Breaking AnalysisM&A and Private EquityA $510 Million Bet on a $1 Billion MEP Roll-Up: Kelso Has Acquired Roughly 40 Trades Businesses in Five YearsPeterson Partners has closed a $510 million continuation vehicle for Kelso Industries, with NorthSands committing more than $450 million. The bigger contractor story is how a five-year-old MEP platform grew past $1 billion in annual revenue through roughly 40 acquisitions while preserving local operating brands.TradeVulcan Dispatch Editorial Desk16 min