The labor shortage faced by the construction industry appears to be far from over. Despite wages in construction rising faster than other industries, contractors are still struggling to fill positions, forcing them to become more creative with employment offers.
According to the Bureau of Labor Statistics, more women than ever have been taking up tools.
A recent DeWalt survey found 48% of US contractors prioritize training of new recruits followed by contingency planning and resilient supply chain solutions.
Hurricane Ian caused billions of dollars worth of damage in Florida. The rebuilding effort is set to take years and will require more construction workers. The trouble is the construction labor shortage already has workers in high demand.
Hourly wages for trade workers rose by 6.3% in May, making the construction industry a very attractive field.
The $1.2 trillion Infrastructure Investment and Jobs Act will create construction jobs that pay well and will shine a light on the industry as a possible career choice for many.
The skilled labor crisis in construction is going to get considerably worse during 2022 and 2023, experts warn. This crisis was caused by the pandemic which saw many construction workers leaving the industry.