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Technology Stocks : The *NEW* Frank Coluccio Technology Forum -- Ignore unavailable to you. Want to Upgrade?

To: Frank A. Coluccio who wrote (17854)	11/17/2006 3:30:45 PM
From: Frank A. Coluccio	Read Replies (1) \| Respond to of 46821

From Storm Debris Solutions May Rise: 11/20/2006 By Angelle Bergeron [FAC: This story reads like the flipside of my earlier post w.r.t. the energy-related consequences of Katrina, uplinked (Msg#17854).] As the Gulf Coast fights to rebuild, work force issues that plague the nation are coming to a head. The hurricane-shattered Gulf Coast is a petri dish for construction’s national work force crisis. The issues are not new, but their concentration is unprecedented. Ever since Katrina and Rita cut through the area, industry firms have struggled to find enough labor and resources to perform demolition and emergency work in the region, while maintaining schedules for ongoing capital and infrastructure projects throughout the nation. Insiders now fear that once residential construction kicks in to replace some or all of an estimated 200,000-plus homes lost, capital projects already booked for the Gulf’s huge oil and gas industry, combined with labor demands nationwide, will further strain work force capacity. “My gut feeling is that we haven’t seen anything yet,” saysJeffrey M. Robinson, president of Personnel Administrative Services, Saline,Mich., which tracks nationwide wage and benefit trends. PAS is working on a two-year forecast of work force needs in the Gulf Coast, and although results are not yet in, indicators are already sobering. “We really are seeing very serious concerns right now from just about every one of our clients. Two yearsfrom now they are really starting to panic...and this is on booked work,” hesays. “Katrina is on top of that. It’s a wild time down on the Gulf Coast rightnow.” Continued at: enr.ecnext.com ------