CONSEQUENCES OF LABOR SHORTAGE İN THE CONSTRUCTİON SECTOR İN AZERBAİJAN

The construction sector is one of the most important sectors that supports the economic development of a country. The construction sector is the engine of growth for a country and creates a flow of services and goods together with other sectors. The contribution of the construction sector to the economy worldwide is approximately 8-10%. The construction sector generally promotes economic growth in a country, provides employment to the masses and acts as a link between the economy and other industries. Efficiency in the construction sector can be defined as the organization of material, machinery-equipment and labor efficiency in order to complete the structure in the most optimum way. Increasing construction efficiency saves costs and also increases the income of companies. The increase in the income obtained provides an additional flow to the economy and creates a link with all other industries as a part of the construction industry business processes