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New York City—The Marcum Commercial Construction Index for the first quarter of 2020 reports an industry suffering the adverse effects of COVID-19. Construction employment fell by nearly one million jobs from March to April 2020, a decrease of 12.8%. The industry’s unemployment rate increased from 6.9% in March to 16.6% in April, the highest level since early
Why the answer to your jobsite COVID-19 plan may lie in mobile solutions
New York City launched phase one of its reopening plan this week, including the restart of all construction projects deemed nonessential. City officials estimate this applies to approximately 23,000 construction sites.
The news is long awaited for many construction executives and management teams—since March, the only construction projects allowed to continue on schedule were those deemed essential (health care, infrastructure updates, etc.).
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