Currently Reading

The 'Mystery' of the Construction Labor Shortage

Advertisement

The 'Mystery' of the Construction Labor Shortage


August 1, 2018
Book with magnifying glass, globe
Photo: Unsplash/Joao Silas

Young adults are not seeking construction jobs, and many housing experts are wondering how the industry's labor levels got to this point. 

Since 2005, the share of workers aged 24 years or younger in construction has dropped about 30 percent nationally, according to an analysis of Census data by Issi Romem, chief economist at construction data firm BuildZoom. The loss of young workers is “a scar from which the construction industry has yet to recover,” he tells Realtor.com. Rising costs in building is cited as one driver, as builders are less incentivized to spend time hiring workers who are not yet trained, nor are builders willing to raise wages beyond a certain point, straining profitability. 

Construction’s inability to attract young workers is something of a mystery, industry executives say. Some note that many high schools cut vocational training programs during the recession and are only now bringing them back. Others point to parents’ desire for their children to get a college degree, the allure of technology jobs and the high cost of living in areas where jobs are most plentiful. Parents often think that “if your child does not go to college, you’ve failed them,” said Timothy Murphy, chief executive of the Sacramento Regional Builders Exchange. “We’re trying to educate parents that the opposite is very true.”

Read more

Tags

Related Stories

Trends

What Could Happen to California Housing After the Pandemic?

After wide spread vaccinations and herd immunity take hold, then what? 

Market Data + Trends

Pandemic Spurs Acceleration in Multigenerational Living Trends

Once the pandemic reared its ugly head, some families who were in the midst of planning housing for their aging relatives had to reevaluate. With…

Demographics

Millennials Lead in Home Service Projects and Spending

Being cooped up at home pushed Americans to spend more on home improvement projects this year instead of entertainment or travel. The National…

Advertisement
Advertisement

More in Category




Advertisement
Advertisement

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
Subscribe
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.