The construction industry is facing an escalating labor shortage, impacting project timelines, quality, and costs. While short-term factors like COVID-19 disruptions are beginning to ease, deeper issues persist - such as an aging workforce, a widening skills gap, and slow adoption of new technologies. Demand for construction continues to surge, driven by economic recovery and new infrastructure investments, but without enough skilled workers, companies are struggling to keep up. This blog delves into both immediate and long-term labor market trends, examining how these challenges shape construction costs and exploring strategies to mitigate the impact.