Page 56 - Construction Sector News Today

Currently employed building a mall and office building. owner and building designer hameed sahid says he could get the complex done even faster if he didnt have to deal with restrictions ordering and paying for deeds. >> usually a shopping mall like this should be taken about three years to get. but right now we are already in the year three. so it takes a lot of years to do it. >> reporter: make no mistake, irans construction sector is already booming. the company says things could heat up cons...

Cuts. that was three years ago. still out of work. peter, what would you say to him? what are his chances? >> i think his chances are not particularly good because hes someone with a social science degree late in his career whos basically working for community college. i read the same article. what was more disturbing about the article, and i do feel for this gentleman, is that the plight of people who dont have a college education, people with less than two years of college, veterans that have ...

Construction sector which fell by 16,000 jobs in december. other sectors losing jobs including the performing arts, down 12,000. government cut 13,000 jobs, mainly in local education. sectors hiring last month include retail. up 55,000 jobs for the holiday shopping season. ten agencies added 40,000 workers and manufacturers added nine thousand jobs. >> and how is this all playing out in washington? >> well, its political football opposite again. the white house says its looking at job creation f...

It also has realistic measures for the number of guest workers needed to fuel the u.s. economy. the new bipartisan immigration bill will include a new visa for temporary year round low skilled foreign born workers. but the program will be capped at 200,000 per year and be subject to unemployment, job openings and employer demand, and not everyone is happy with the formula. five different contracting associations signed a statement this week that said a guest worker program that fails to provide ...

The labor market moved forward in february. employers added 236,000 jobs. that means the economy has been adding jobs for three straight years now. the unemployment rate fell to 7.7%. the lowest since 2008. and one notable standout, the construction sector. its making a comeback, adding 48,000 jobs in february and over 100,000 jobs since november. thats a nice turnaround considering that the industry lost millions of jobs during the financial crisis. construction is typically one of the last par...

Stay here at home. you can go overseas, i emg good emerging matter of fact etf. >> brenda: jonas, bull or bear. >> bear on the market. >> brenda: tobin. >> good news about the home starts, believe it or not, people dont write on paper they do it on cad cam software, the leader here. and i think theyre up 25, 30% by the end of the year, sales are booming into the construction sector. >> brenda: gary b, bull or bear. >> bearish on this, i think it needs to drop a little. >> brenda: jonas your pred...

From their labor, and then they never have the pathway to citizenship. i come from a state where immigrants and minorities, particularly african americans, built las vegas. they built our hospitality industry. they built our construction sector. and why would you allow individuals to come and help you build your economy and then not give them a pathway to citizenship. >> heres the argument i would make. were talking about a guest worker program. again, im not -- im sort of playing devils advocat...

Testifying it could have on the confidence. we talk about it a lot. we dont do a lot on it. but we talk about it a lot. actually doing anything on jobs, despite were at 7.8 unemployment, a crumbling infrastructure around us, a lot of that is in the construction sector. has essentially gone out the window. you dont hear politicians talk about it in a serious way or put forth serious ideas. the president pretty much forget the jobs act during the campaign, why do you think that is? >> i think it i...

Rebuilding. >> is there an economic stimulus impact, dr., from that activity? the rebuilding. >> absolutely. its kind of paradoxical. although were poor because we lost this property, we are going to get a boost to gdp because people will start spending money again they didnt spend this week, but all the rebuilding, we use lots of folks that are unemployed in the construction sector, and well use industrial capacity to make generators and what have you. manufacturing capacity that is not adequat...

Were seeing communities completely devastated and its going to be a long process of rebuilding. >> is there an economic stimulus impact, dr., from that activity? the rebuilding. >> absolutely. its kind of paradoxical. although were poor because we lost this property, we are going to get a boost to gdp because people will start spending money again they didnt spend this week, but all the rebuilding, we use lots of folks that are unemployed in the construction sector, and well use industrial capac...