According to a report from the New Housing Builders Center, there is a shortage of construction workers in the United States an important factor in preventing the improvement of affordable and affordable rental housing.
In addition, the study warns that the required number of builders will need around 740,000 people per year over the next three years.
HBI’s Fall 2021 Labor Market Report on the Current Demand for Housing Additional Labor is based on a recent study by the National Housing Builders Association (NAHB). The amount is based on the assumption that the number of jobs has increased due to the increase in construction sites as well as the consumption of energy to replace them to eventually stay in the organization.
“The industry is expected to employ over 67,000 people per month as we continue to grow our business and unemployment could be a retirement,” said Ed Brady, CEO of HBI. “In 2022-2024, that figure will show it. 2.2 million more workers will be needed to build it. That’s a very good number.”
At the same time, the report shows that buildings are not only residential buildings, but lead to an increase in products and supply bottles. Since the start of 2012, more than 12 million new homes have been built and 10 million new Housing have been built and rented.
“Next year the situation will be even more difficult as some companies recover and offer salaries and benefits to their future employees.”
“We need to train the next generation of skilled workers,” he said. “One of our most important responsibilities as a business is to work with parents, teachers, and students in the early years of primary school to show that young people are guaranteed good and efficient jobs. . “
Other important market factors are:
• Currently, the number of construction projects varies from 300,000 to 400,000 per month.
• Half of the construction workers hired earn more than $ 50,460 per year and more than 25 percent $ 71,000. For comparison, the average salary is $ 49,150, while the top 25 earn $ 67,410.
• Construction costs currently amount to 7.42 million euros. In this estimate, there are 3.1 million households.
• The construction industry represents 22% of the working population, against 26% in 2010.
• 30% of immigrants leave construction.
• Women drive the construction industry, and it will grow 10.9% in 2020, up from 10.3% in 2019.
• The average age of construction workers is 41 years. However, due to aging, the share of construction workers aged 25 increased from 72.2% in 2015 to 69.0% in 2019.