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Even In The Middle Of Record-High Unemployment, Civil Construction Is Talent-Hungry
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Unemployment rates in the United States are at an all-time high. Yet, in the middle of this ongoing pandemic, civil construction companies are facing a unique problem: they can’t find enough talent and demand for skilled workers remains high. Recent data from The Civil Quarterly Vol. 1 shows that contractors…
What Rising Precious Metal Demands Means For Miners
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Perhaps unsurprisingly, crisis-driven investors continue to act bullish on precious metals. Gold, silver, and palladium have all rallied to highs during this pandemic ecosystem, with platinum as the exception to the rule. Obviously, there are a few reasons the demand for precious metals has boomed. Investors are uncertain of the…
How The Precious Metals Industry is Shaping Up in 2020
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It’s been a chaotic few years in the precious metals industry. Global tensions arising from trade deals and Chinese production concerns rocked the past few years. And, in 2019, we saw unprecedented shareholder payouts due to reduced debts nearly across the board. To top things off, Trump signed a preliminary…
The State of Civil Construction Jobs: June 2020
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As civil construction continues to endure the unprecedented economic and social storm brought on by the COVID-19 pandemic, there’s a silver lining: construction jobs rebounded in May, recouping half of the losses from April. According to the Bureau of Labor Statistics, construction produced the second-largest gains in May — behind…
The Foundry Industry Faces Essential Business Confusion Amid COVID-19 Shutdowns
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Is Any Sector More Essential than the Foundry Industry? According to a 2019 report at thebalance.com, the US manufacturing sector produces over 18% of the world’s goods and every dollar spent in manufacturing adds $1.89 in business growth in supported industrial sectors such as defense, utilities, retail, transportation, and business services.…
Two Critical Production Projects Will Decrease US Dependence on Rare Earths
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Back in August of last year, we discussed the Pentagon’s interest in rare earth elements production within the United States. Partially fueled by trade tensions, the Department of the Air Force leveraged the Defense Production Act to assess and evaluate the capacity and processing capabilities of rare earth minerals. (more…)