Greater Pittsburgh Headed for Tight Labor Market
Greater Pittsburgh Headed for Tight Labor Market
Attachment: Historic & Forecast Labor Demand - Greater Pittsburgh
SUGAR LAND--July 27, 2016--Researched by Industrial Info Resources (Sugar Land, Texas)--Industrial project spending in the Greater Pittsburgh area is set to escalate in the coming years, bringing with it an accompanying need for skilled craft labor and a tightening labor market. Post-recession (2010-2015), plant spending in the region shrank 2.6%, averaging $2.42 billion per year. Labor hour growth over the same five-year period was 1.6%. However, these low figures are set to change in the coming years.
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