When it comes to the physical assets at your jobsites — supplies, tools, heavy equipment, building materials and the structure itself — there are certain steps you take to protect them against damage and theft. But one of your most important assets that isn’t so tangible requires its own safeguards; your data.

Staying on top of construction payroll with today’s complex projects—from dozens to thousands of workers to manage—can be a daunting challenge for even the most seasoned accounting and payroll professionals.

The national construction industry added 2,000 jobs on net in April, according to data released todayby the US Bureau of Labor Statistics. On a year-over-year basis, industry employment has expanded by 235,000 jobs, an increase of 3.2%.

National nonresidential construction spending down 1% in March 2022. On a seasonally adjusted annualized basis, nonresidential spending totaled $839.2 billion for the month.

Finally, some project information and guidelines related to the Infrastructure Investment and Jobs Act—now commonly referred to as the Bipartisan Infrastructure Law—have been released for state and local governments. Contractors across the country can begin to see how the $1.2 trillion in funding will be doled out to their local communities. The bill allocated funding to more than 100 different programs directed by more than a dozen federal bodies.

Contractors are looking forward to a bevy of new infrastructure projects coming down the pipe following the passage of the Bipartisan Infrastructure Law (BIL). As they ready themselves, there is an emphasis on understanding the specific federal requirements needed to win the work. One of those requirements will undoubtedly be strict adherence to prevailing wage requirements set forth under the Davis-Bacon Act.

National nonresidential construction spending down 0.1% in February 2022. On a seasonally adjusted annualized basis, nonresidential spending totaled $844.5 billion for the month.

The national construction industry added 19,000 jobs on net in March, according to data released last week by the US Bureau of Labor Statistics. After 23 months of recovery, construction employment has at last exceeded pre-pandemic levels. On a year-over-year basis, industry employment has expanded by 220,000 jobs, an increase of 3.0%.

As technology advances and new opportunities are presented, it might be time for your organization to move on to software that’s better suited to take care of its needs. Here are five reasons to move from an on-premise construction software solution to cloud-based construction software.

The construction industry will need to attract nearly 650,000 additional workers on top of the normal pace of hiring in 2022 to meet the demand for labor, according to a model developed by Associated Builders and Contractors.