Currently Reading

Colorado Faces Growing​ Construction Labor Shortage


Colorado Faces Growing​ Construction Labor Shortage

The state is expected to have 96,000 vacant construction jobs by 2025, a 38 percent increase from today

July 7, 2017

Colorado has low unemployment, a booming population growth rate, and a shortage of skilled construction labor. Basically, the state needs more homes to be built, but doesn’t have the workers to do so.

The Denver Post reports that Colorado is facing a labor shortage that will become worse over the years, expanding to 96,000 vacant construction jobs by 2025, a 38 percent increase from today.

Low unemployment, an aging workforce, and massive layoffs during the recession are among the reasons or the lack of labor.

Colorado has perhaps the highest housing demand in the country. The state is expected to increase to a population of 6.43 million by 2025 and 7 million by 2035, which means it will have to add around 17,000 new homes per year to keep up, a pace significantly higher than the 11,000 home starts last year.

To address the issue, Colorado-based construction companies and organizations are marketing toward students. They say that good jobs can be had in the construction sector without the need for an expensive college degree.

Pat Hamill, chief executive of Oakwood Homes, said he believes students do not choose construction because they were not exposed to the benefits. He says the notion that “everyone goes to college” is hurting students. They have options, he said. Go to college and graduate with $100,000 in debt, or go into industry and end up with a $100,000 salary.

Read more


Related Stories

Housing Markets

More Homebuyers Are Relocating for Affordability and Remote Work

A record number of homebuyers are relocating in search of more affordable homes. But where are they going?

Housing Markets

Tracking Tool Shows Home Price Gains Over Past 5 Years

This interactive tool reveals 5-year home price changes in the priciest U.S. counties


Mortgage Demand Drops to 27-Year Low

The highest mortgage rates in two decades are causing buyers and prospective sellers to pull back from the housing market


Top Articles


More in Category

COVID-19 may be easing its grip on the U.S. after a disastrous two years, but lingering supply chain disruptions have builders holding onto their pandemic business tactics

An archive of NHQA-winning companies that represent home building's best in Total Quality Management

Don’t let the current hype about single-family B2R communities obscure the need to create long-term sustainability and asset value


Create an account

By creating an account, you agree to Pro Builder's terms of service and privacy policy.

Daily Feed Newsletter

Get Pro Builder in your inbox

Each day, Pro Builder's editors assemble the latest breaking industry news, hottest trends, and most relevant research, delivered to your inbox.

Save the stories you care about

Lorem ipsum dolor sit amet lorem ipsum dolor sit amet lorem ipsum dolor sit amet.

The bookmark icon allows you to save any story to your account to read it later
Tap it once to save, and tap it again to unsave

It looks like you’re using an ad-blocker!

Pro Builder is an advertisting supported site and we noticed you have ad-blocking enabled in your browser. There are two ways you can keep reading:

Disable your ad-blocker
Disable now
Subscribe to Pro Builder
Already a member? Sign in
Become a Member

Subscribe to Pro Builder for unlimited access

Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.