There may be rough seas ahead for HVACR contractors, but those who are prepared should be able to weather the storm — and even thrive.

Unemployment claims can have a significant impact on the tax rate the employer must pay to fund unemployment insurance.

Most contractors struggle to find and retain workers, and this problem is not likely to get better anytime soon. That is why it is becoming so important to think outside the box when it comes to attracting talent.

In June, the not seasonally adjusted (NSA) construction unemployment rate was 4.5 percent, down 0.1 percent from a year ago. The percentage is the lowest June rate on record, according to data from the U.S. Bureau of Labor Statistics (BLS).

The national NSA construction unemployment rate of 5.2 percent was 0.3 percent lower than a year ago, according to data from the Bureau of Labor Statistics (BLS).

We are lending money we don’t have, to kids who will never be able to pay it back, to educate them on jobs that no longer exist.