As of the summer of 2016, the building recession appears to be ending. Project demand is booming in both residential and commercial sectors. Most construction firms are optimistic about near-term future prospects. And, according to a report by The Associated General Contractors of America, many firms are looking to increase their payrolls. Yet this healthy turnaround, the one we’ve been waiting for almost a decade, presents the industry with a problem. With fewer young Americans choosing to learn a skilled trade and more construction employees choosing to retire, the country is experiencing a construction and skilled labor shortage.
This isn’t new information. Newspapers, trade journals and other media outlets have reported it ad nauseam. So the question isn’t how did we get here; it’s how do we cope? Download our newest infographic and find six innovative solutions that may just help you think outside the box:
Contributing source materials for this infographic include: Wall Street Journal. Associated General Contractors of America. Eye on Housing. Construction Dive magazine.