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US construction employment in July increased by 32,000 jobs from June to 7.7 million; both residential and non-residential construction firms added jobs, at 18,300 and 14,100 respectively: AGC of America

Fresenius reports Q2 net profit down at €383.0M from €471.0M a year ago, with sales up 8% year-over-year to €10.0B; profit drop due to worsening labor shortage, increasing wage inflation at US dialysis unit Fresenius Medical Care

US construction employment up annually in May in 246 of 358 metro areas, down in 61 metros and flat in 51 metros; officials reported falling, stagnant employment in nearly one-third of metros as firms struggle to find qualified workers: AGC of America

US construction spending decreased 1.1% in June from May, up 8.3% from June 2021; materials and labor shortages are slowing schedules, increasing cost of construction: AGC of America

2022 IoPP Salary Survey reflects employees are more confident about their prospects than they were at the outset of the pandemic, thus less risk averse and open to changing jobs; employers have to pay more to retain an already scarce labor

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