At the peak of the recession, the construction industry lost nearly 30 percent of its workforce. Now, the industry is facing an aging workforce, an insufficient pipeline of new workers and lost workers that moved on to other industries.
The result? According to the Construction Labor Market Analyzers’ 20/20 Foresight Report, there will be a nationwide shortage of nearly 2 million skilled craft workers by 2017.
Many in the industry are doing what they can to help close that gap, including Associated Builders and Contractors (ABC), along with their chapters and members. On this blog, you will find information on merit shop training programs, careers in construction, facts and figures on the skills gap, updates on legislative and regulatory issues and some personal stories from training successes.
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[…] Labor Market Analyzers’ 20/20 Foresight Report, which shows there will be a nationwide shortage of nearly 2 million skilled craft workers by […]
This is one of the most under reported problems in the construction industry today. Even if the construction sector grows on a slower curve than it did between 1995 and 2008, there is likley not going to be enough skilled workers to meet the demand. More emphasis needs to be placed on recruitment and training.