Willis report reveals construction sector challenged by uptick in data centers for AI while facing labor shortages
Willis Towers Watson Public Limited Company - Ordinary Shares (WTW)
Last willis towers watson public limited company - ordinary shares earnings: 2/26 04:05 pm
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Source: GlobeNewswire
LONDON, March 24, 2025 (GLOBE NEWSWIRE) -- The global construction industry is experiencing a remarkable uptick in data center projects, propelled by the swift pace of technological advancement and the future demands of artificial intelligence (AI). However, this boom is set against the sobering reality of labor scarcities and escalating material expenses, which present formidable obstacles for both the construction and insurance domains, according to the latest Willis Global Construction Rate Trend Report for Q1, launched by Willis, a WTW company (NASDAQ: WTW). In North America, the skilled labor shortage is reaching critical levels, with estimates suggesting that an additional 500,000 new workers are required to meet the pending constructio
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Earnings
- 2/4/25 - Beat
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Sec Filings
- 3/28/25 - Form ARS
- 3/28/25 - Form DEFA14A
- 3/28/25 - Form DEF
- WTW's page on the SEC website