From The Real Deal · TRD Staff · · 40s
Builders hit by immigration raids
Immigration raids cripple construction workforce as builders report 70% workforce loss.
In brief
Immigration raids cripple construction workforce as builders report 70% workforce loss. Immigration raids have caused 70% of South Florida construction workers to leave jobs, raising labor costs by 4.2% year over year. Originally reported by The Real Deal.
Immigration raids impact construction
Two-thirds of builders say immigration enforcement has impacted their workforce, down from 13 percent a year ago.
Workforce gutted by raids
Subcontractors estimate 70 percent of local construction workforce has been lost due to raids or fear of them.
Labor costs rise 4.2%
Median labor costs for construction rose 4.2 percent year over year as builders pay premiums for workers.
The essence
Immigration raids have caused 70% of South Florida construction workers to leave jobs, raising labor costs by 4.2% year over year.
