A new report by the Associated General Contractors of America (AGC) found that 70 percent of Louisiana contractors anticipated hiring workers in 2017. Further, 60 percent of the firms polled expected their staffing to increase by as much as 25 percent this year. Thirty percent of companies said they don’t expect to add workers, and 10 percent predicted a drop in workers. The results are based on about 30 Louisiana companies. Louisiana’s numbers are close, but lower, than the results of AGC’s national survey. AGC attributes this to Louisiana’s perpetual dependence on the oil and gas industry. Sustained low prices for natural gas and crude oil have stimulated construction of petrochemical plants, but have led to less activity in the offshore and oilfield service industry.
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