Megaprojects Impact on Labor Markets
In 2024, during an unprecedented era of megaprojects, ELECTRI International funded a research initiative to explore the impacts of large-scale megaprojects on labor markets. Guided by an ELECTRI Council twelve-member Task Force, Dr. Anthony Perrenoud conducted comprehensive interviews with twenty NECA electrical contractors. The objective was to assess the effects of megaprojects on local labor markets and to identify effective strategies for project stakeholders to address the associated challenges.
The study is divided into three main sections:
Section 1—Full Report: This detailed section is intended for the audience interested in learning from the entire study. The report begins with a case study of a problematic megaproject, highlighting numerous lessons learned from its challenges. It then presents the ELECTRI International study and its methodology, followed by detailed findings. These findings provide a comprehensive overview of megaprojects’ effects on labor markets. The section concludes with tailored recommendations for NECA contractors, owners, and the IBEW.
Section 2—Executive Summary for NECA Contractors: This section is intended to be distributed to NECA Contractors who are planning to or currently working on megaprojects. It offers an executive-level summary of the full study, including the eight key findings and recommendations for NECA contractors. These recommendations are structured according to the eight major findings.
Section 3—Executive Summary for Owners: This section is intended to be distributed to megaproject owners. It offers a concise overview of the eight key findings from the study relevant to them. In addition to the electrical contractors interviewed in the study’s first phase, the researcher interviewed several large general contractors for this section to provide additional recommendations for owners. These recommendations are structured according to the eight significant findings.