The craft labor shortage is pinching profits and complicating projects. Here's how the power industry can address, mitigate and even help reverse the trend. If a picture is worth a thousand words, here's a power industry snapshot: A recent industry census identified a total of 38,000 skilled union laborers in 11 Southeast states. Yet data collected by the Construction Labor Research Council showed demand exceeding that number by more than 15,000 workers. And those workers were needed just to complete work created by the post-Hurricane Katrina construction boom.
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