Its estimated that in countries like the UK and Australia that 80 of all people work either directly or indirectly in the Independent Subcontractor Agreement industry. In the USA its much lower, but its still presents a significant portion of the workforce. Whether you own a construction company or whether you are a construction worker chances are that you are feeling the pinch of these tough times. Virtually no new homes have been built for months now and what used to be so many people’s livelihood is now virtually wiped out.
The question on everyone’s mind is when will the construction industry return to normal? Although experts predicted a return months ago, they now have a very different theory. The economic situation we are in is a very serious problem that affects the construction industry more than anything else.
If you are waiting for things to return to “normal” then you might wait some time still. There is very little relief ahead in the near future. So, what can you do as a construction worker? What can you do with your construction business?
Well, you need to be very creative when you do want to survive in these times. Many companies started moving their operations to developing countries where there is a lot of opportunity still. Many African countries, the Middle East and even India have massive building projects in what’s been described as a boom time for them.
The simple fact is that if you want to survive in this industry you will need to broaden your horizons. There is still a lot of opportunity – its just not on your doorstep any more. Be creative. See this as an opportunity. Those who do get through this will come out much stronger on the other side. If you are not up for it, you might want to look outside construction because for the immediate future at least it still looks quite bleak. Be optimistic though and don’t let this setback let you lose hope.
Historically the Subcontracting Work industry has gone through countless dips but it always recovered. It has always been and will always be one of the most in-demand industries simple because in the developing world there is always room to build. With US and UK construction companies now firmly established in the Middle East, the job market has once again opened up yet another door. It may not be convenient but there is work and in most cases the financial reward makes it worth it.
Construction