CST: 22/10/2016 20:28:48   

Industrial Info's Labor Market Analysis Pins Down the Most Elusive Data on Wages, Demand

291 Days ago

SUGAR LAND, TX--(Marketwired - Jan 5, 2016) - Researched by Industrial Info Resources (Sugar Land, Texas) -- As shale-play production booms in North America and other sectors return to growth, demand is high for quality information on the U.S. labor market, particularly on where it is most costly. Industrial Info provides users with details on the risk and the reward of local labor, including the competing wage and per diem rates across numerous tight labor markets. Estimators can see where labor will be short and where wages and per diems may rise, and what other metropolitan areas are competing for the same labor. Industrial Info can "build" the forecast for any metropolitan area or region in the U.S. and Canada.

Industrial Info analyzes labor demand by estimating the hours required for current plant operations, planned project spending, and unit turnarounds and outages in all 12 industrial markets. Among the craft types identified are welders, pipefitters, electricians, operators, boilermakers, insulators, scaffold builders, carpenters, millwrights, instrumentation technicians, painters, iron workers and riggers.

Industrial Info also provides labor supply statistics for qualified journeymen at industrial plants. Data is gathered estimating the overall labor population by craft, then surveying union locals and non-union contractors in each region to determine how many qualified workers are available. The data is validated and grouped by metropolitan area, and revised quarterly.

To learn more about these and other labor-related products, contact Industrial Info's VP of Labor Analytics, Tony Salemme, at tsalemme@industrialinfo.com or by calling (209) 547-9878.

For further details, view the entire article by subscribing to Industrial Info's Premium Industry News, or browse other breaking industrial news stories at www.industrialinfo.com.

Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, five offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. To contact an office in your area, visit the www.industrialinfo.com "Contact Us" page.

William Ploch