Free Industrial NewsLake Charles Spearheads Tightening Gulf Coast Labor Demand
Lake Charles Spearheads Tightening Gulf Coast Labor Demand
Industry Segment: Production | Word Count: 624 Words
SUGAR LAND--July 11, 2013--Researched by Industrial Info Resources (Sugar Land, Texas)--The second-quarter update for Industrial Info's Gulf Coast Region Labor Market Analysis shows that future labor demand for industrial construction along the Gulf Coast is continuing to grow at exponential rates, leading to severely tight labor markets within the next two years.
Industrial Info forecasts that in the Gulf Coast region between Brownsville, Texas, and Pascagoula, Mississippi, labor demand for 13 skilled crafts, including welders, pipefitters, ironworkers and more, could increase 51% between 2013 and 2015 due to several labor-intensive mega-projects that will be kicking off in the near future. This represents an increase from 86.1 million required man-hours this year to 134.3 million man-hours in 2015, with requirements returning to current levels only in 2020.
Subscribe Now!(All Fields Required)
Articles related to the Production industry