{"id":2622,"date":"2021-11-04T17:44:11","date_gmt":"2021-11-04T17:44:11","guid":{"rendered":"https:\/\/preprod.realtrends.com\/blog\/2021\/11\/04\/construction-worker-shortage-has-reached-crisis-levels\/"},"modified":"2025-03-13T02:39:31","modified_gmt":"2025-03-13T02:39:31","slug":"construction-worker-shortage-has-reached-crisis-levels","status":"publish","type":"post","link":"https:\/\/preprod.realtrends.com\/blog\/2021\/11\/04\/construction-worker-shortage-has-reached-crisis-levels\/","title":{"rendered":"Construction worker shortage has reached &#8220;crisis&#8221; levels"},"content":{"rendered":"\n<p>For career switchers looking for a new path that doesn\u2019t necessarily require a college degree, they could do worse than the building trades. To keep pace with current construction demand, and account for attrition, 740,000 new construction workers are needed each year for the next three years<meta charset=\"utf-8\">, a report by the <strong>Home Builders Institute <\/strong>contends.<\/p>\n\n\n\n<p>\u201cThe construction industry needs more than 61,000 new hires every month, if we are to keep up with both industry growth and the loss of workers either through retirement or simply leaving the sector for good,\u201d said Home Builders Institute CEO Ed Brady. \u201cFrom 2022 through 2024, this total represents a need for an additional 2.2 million new hires for construction. That\u2019s a staggering number.\u201d<\/p>\n\n\n\n<p>Since the last housing bubble burst, when more than a <a href=\"https:\/\/www.bls.gov\/opub\/mlr\/2011\/04\/art4full.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">million residential construction workers lost their jobs<\/a>, a shortage has developed. Now the need for <a href=\"https:\/\/preprod.housingwire.com\/articles\/the-wild-housing-markets-big-winner-homebuilders\/\" target=\"_blank\" rel=\"noreferrer noopener\">new housing supply is acute<\/a>: 12 million households have formed since 2012, yet only 10 million units were built during that time, per an analysis of <strong>Bureau of Labor<\/strong> statistics by the <strong>National Association for Home Builders<\/strong>.<\/p>\n\n\n\n<p>\u201cThe construction worker shortage has reached crisis level. The situation will only become more challenged in the coming year when other industries rebound and offer competitive wages and benefits to prospective employees,&#8221; said Brady.<\/p>\n\n\n\n<p>There are currently 300,000 to 400,000 open construction positions on a monthly basis. Around one-third of construction workers are immigrants, and a growing number \u2014 now about 11% \u2014 are women. About a fifth of the sector is self-employed.<\/p>\n\n\n\n<p>It\u2019s going to take a lot more construction workers before it gets easier to nab a qualified, reputable contractor to complete that kitchen renovation. It takes time to gain expertise in the sector. So outreach for training construction workers should start when people are considering career paths, as early as grade school, Brady said.<\/p>\n\n\n\n<p>&#8220;We need to build the next generation of skilled tradespeople in construction,&#8221; he said. \u201cOne of our most important tasks as an industry is to work with parents, educators and students, as early as the middle school years, to demonstrate that young people can have the promise of great jobs and careers in the trades.\u201d<\/p>\n\n\n\n<p>The pay is also typically higher than median U.S. wages, with half of payroll workers in construction earning more than $50,000 a year, compared to the median U.S. wage of $49,000. The top 25% of construction wage earners make at least $71,000, compared to $67,410 in the U.S. overall.<\/p>\n\n\n\n<p>Increasing worker pay, of course, could help attract more people to the building trades, Brady notes. But he outlined additional strategies to lure more people into the sector.<\/p>\n\n\n\n<p>Work could also be done to attract more women to the construction trade, develop sensible immigration policies, and train and place more minority and lower-income youth and adults in construction trades. Veterans and members of the military transitioning out of service are other groups that, with access to trade skills education, might be interested in construction.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>To keep pace with current building demand, 740,000 new construction workers are needed each year for the next three years, according to a new report.<\/p>\n","protected":false},"author":18862,"featured_media":4822,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3255],"tags":[],"coauthors":[843],"class_list":["post-2622","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-archive"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.4 (Yoast SEO v26.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Construction worker shortage has reached &quot;crisis&quot; levels - RealTrends - Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/preprod.realtrends.com\/blog\/2021\/11\/04\/construction-worker-shortage-has-reached-crisis-levels\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Construction worker shortage has reached &quot;crisis&quot; levels\" \/>\n<meta property=\"og:description\" content=\"To keep pace with current building demand, 740,000 new construction workers are needed each year for the next three years, according to a new report.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/preprod.realtrends.com\/blog\/2021\/11\/04\/construction-worker-shortage-has-reached-crisis-levels\/\" \/>\n<meta property=\"og:site_name\" content=\"RealTrends - Blog\" \/>\n<meta property=\"og:image\" content=\"https:\/\/preprod.realtrends.com\/blog\/wp-content\/uploads\/sites\/9\/2025\/03\/9ced5ef4-69ab-4ba7-a7cd-ec49be7b274d.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"675\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Georgia Kromrei\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Georgia Kromrei\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/preprod.realtrends.com\/blog\/2021\/11\/04\/construction-worker-shortage-has-reached-crisis-levels\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/preprod.realtrends.com\/blog\/2021\/11\/04\/construction-worker-shortage-has-reached-crisis-levels\/\"},\"author\":{\"name\":\"Georgia Kromrei\",\"@id\":\"https:\/\/preprod.realtrends.com\/blog\/#\/schema\/person\/cc0c3ea416eb7868a14b9166a0cdf4ce\"},\"headline\":\"Construction worker shortage has reached &#8220;crisis&#8221; 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