Construction labor crunch drives up costs and deepens America’s housing affordability crisis

Fox NewsTuesday, December 2, 2025 at 6:28:36 PM
NegativeU.S News
Construction labor crunch drives up costs and deepens America’s housing affordability crisis
  • A significant labor shortage in the construction industry has led to 19,000 fewer homes being built in 2024, resulting in an economic impact of $10.8 billion and exacerbating the housing affordability crisis in America.
  • This labor crunch is critical as it not only affects the construction sector but also has broader implications for housing availability and affordability, making it increasingly difficult for many Americans to secure affordable housing.
  • The ongoing challenges in the construction industry are compounded by external factors such as immigration policy changes, which have tightened the labor market further, and agricultural issues like the decline of the cattle herd, indicating a broader economic strain across multiple sectors.
— via World Pulse Now AI Editorial System

Was this article worth reading? Share it

Recommended apps based on your readingExplore all apps
Continue Readings
Tiger Woods offers first public comments since latest back surgery amid growing concern over golf return
NeutralU.S News
Tiger Woods has expressed optimism about returning to golf following his recent back surgery, although he did not provide a specific timeline for his comeback. This marks his first public comments since the procedure, amid ongoing concerns regarding his ability to compete at a high level again.
Fox News Politics Newsletter: State Department yanks visas from Mexican executives
NeutralU.S News
The U.S. State Department has revoked visas for several Mexican executives, a move that reflects the Trump administration's ongoing focus on immigration policy and border control. This decision aligns with recent calls for stricter immigration measures amid rising concerns about the influx of individuals from certain countries.
Serena Williams responds to rumored tennis comeback after reportedly entering drug-testing pool
NegativeU.S News
Tennis legend Serena Williams has responded to speculation regarding a potential comeback by confirming her registration in the drug-testing pool for the first time since 2022. This move has sparked discussions about her future in competitive tennis.
Repeat offender accused of kidnapping, rape after online pickup months after avoiding prison time
NegativeU.S News
A Minnesota man with two prior sex crime convictions has been accused of kidnapping and raping a woman after meeting her online, while he was on probation following stayed prison sentences for his previous offenses. This incident raises serious concerns about the effectiveness of the judicial system in managing repeat offenders.
Raccoon breaks into liquor store, passes out in bathroom after booze-fueled 'rampage'
NegativeU.S News
A raccoon broke into a liquor store in Virginia, causing a disturbance by knocking over liquor bottles before passing out in the bathroom. The incident was reported by police who discovered the raccoon, named Cole, amid the wreckage of smashed bottles.
Pope Leo XIV praised for 'dressing with respect' aboard airplane in new civility push
PositiveU.S News
Pope Leo XIV received praise from Transportation Secretary Sean Duffy for his respectful attire aboard an airplane, which has sparked discussions about airline dress codes and the importance of civility in travel. This incident gained traction on social media, highlighting a shift in public expectations regarding passenger behavior.
Recordings of Brian Walshe played as prosecutors outline alleged love triangle murder
NegativeU.S News
The murder trial of Brian Walshe continues in Massachusetts, where prosecutors presented recordings and digital evidence indicating he searched for methods to dispose of human remains and details about an alleged affair. This evidence is central to the prosecution's case against Walshe, who is accused of murdering his wife, Ana Walshe.
'Full House' star Dave Coulier battling second cancer diagnosis within months of being declared cancer-free
NegativeU.S News
Dave Coulier, known for his role in 'Full House', has been diagnosed with tongue cancer just months after being declared cancer-free from lymphoma. The actor is currently undergoing treatment as he faces this new health challenge.