Are layoffs common in construction?

Yes. Layoffs are an unfortunate but common theme in construction, especially if you are working for a larger contractor. Construction is a very cyclical industry as job sites start and come to an end. There’s really no telling how often or when you will get laid off. Some companies will bounce you from job site to job site, but if they don’t have another one lined up, layoffs can happen. It’s important to be financially prepared for it, but with that said, I wouldn’t stress too much about it. The construction trades are always hurting for more talent, and so we are very in demand. I’ve been laid off multiple times on a Friday end of day, made a couple phone calls and had work lined up for the next Monday at a new company. If you’re part of the union, you don’t even need to do that, as they will place you with the next contractor.

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