By: Jamie Fettkether
One would think that after millions of layoffs during the Great Recession that there would be plenty of workers available to meet the growing demand for construction. But the opposite is true.
The industry is facing a shortage of available workers at a time when construction demand is exploding. The number of unemployed construction workers is at a 14-year low, according to federal employment data released by the Associated General Contractors of America. Construction employment expanded in 249 of our 358 metro areas, between March 2014 and March 2015. The AGC also reported that 83 percent of contractors are struggling to find enough qualified skilled labor.
Many of the workers who lost their jobs during the economic downturn either switched careers or retired. The industry hasn’t recruited and trained near enough new workers to replace those lost, and the situation likely won’t improve anytime soon.