A new study by construction management consulting firm McKinsey & Foerster shows that while employees may be better suited for certain jobs, they are far less likely to be able to make it through their career as a contractor.
In fact, McKinsey’s study shows that nearly 40 percent of contractors are underrepresented in the workforce.
While there are exceptions, McKinley’s report found that a large percentage of these underrepresented workers have to rely on government assistance and have difficulty finding other jobs.
“There’s an enormous amount of resentment toward workers that they have to work for the government,” said McKinsey partner Ryan Eisner, who wrote the study.
“So there’s a lot of resentment towards the government.”
In addition, the report found, the underrepresentation of workers can have detrimental effects on the economy.
The study found that employers in areas with higher numbers of underrepresented contractors had lower productivity and fewer new jobs, and workers in those areas were more likely to have health problems and experience unemployment.
According to McKinsey, over the past five years, there has been a significant shift in the composition of the workforce, particularly in the construction industry.
While the percentage of employees who are female increased from 14 percent to 22 percent, the percentage who are Hispanic also increased.
“In some ways, the demographics are changing the dynamics of the labor market,” Eisner said.
“The demand for workers has shifted.”
The McKinsey report comes as the construction sector is on the brink of a labor crisis as construction firms scramble to keep up with demand.
Construction has been hit hard by the recession and an increase in construction costs.
And it has been the source of much resentment and anger among some workers.
The McKinley study found there are two primary reasons for this: workers who have to fight for a job often lack the skills and experience to work in an organization, and the construction workforce is growing more diverse.
The study’s authors say that as construction jobs become more difficult, it will become harder for contractors to keep the existing workers in the industry.
In some cases, companies may decide to cut back on new projects because they cannot find the workforce that they need.
“We’ve seen this for years now,” Eissers said.
According, McKinys research, a company can make money in the past by recruiting workers, but that may no longer be the case in the future.
The construction industry is facing a severe shortage of skilled workers.
Construction accounts for around 5 percent of the total jobs in the U.S. construction industry, and that number is expected to shrink as more construction jobs go unfilled.
The problem is particularly acute in states like Texas, where a shortage of workers is a common sight.
While McKinsey found that the underrepresented construction workers are more likely than other workers to have problems with their jobs, Eisner says that not all underrepresented employees have the same struggles.
“They have to compete against a workforce that is more diverse, that is better trained, and they have the skills that the workforce needs,” Eiser said.
The report found the average cost of an average contractor’s job is $40,933, which is a higher percentage of the median wage for construction workers than for the public sector.
Eisner added that the cost of hiring contractors has increased by nearly 25 percent over the last five years.
While some of the new hires in the sector are from out of state, construction workers still need to live and work in cities across the country.
Construction managers say the lack of infrastructure and high costs in those cities mean that they are facing shortages of workers.
The McKinsey study found construction companies have to pay out more money for worker benefits, which means less money goes to the construction workers.
“They’re just not getting paid,” Eisel said.
While the McKinsey survey does not give a total number for the under-representation, Eisser said that McKinsey estimated the number of under-represented construction employees to be about 3.3 million.
But he said it’s likely that there are many more people that would be underrepresented.
“This is a very complicated problem and it will be really difficult to get to the bottom of,” Eisen said.