U.S. employers will soon face “the largest labor shortage the country has ever seen,” according to a report from Lightcast, a labor market data and analysis firm.
The problem will be especially acute in fields like plumbing, HVAC, and auto maintenance. The labor force as a whole is being challenged by Baby Boomers retiring, falling childbirth rates, and a shrinking cohort of working age adults participating in the labor force.
For construction and trades, the problem is worsened by younger generations seeking office-based jobs requiring a college degree, prime working-age men exiting the labor force due to increased substance abuse and incarceration, and women filling less than 2% of jobs in traditionally male-dominated fields.
The only growth in the U.S. labor force since 2019 is due to immigration and foreign-born workers, the report says.
Related Stories
| Jul 29, 2016
AIRPORT FACILITIES GIANTS: Airports binge on construction during busy year for travel
Terminal construction will grow by nearly $1 billion this year, and it will keep increasing. Airports are expanding and modernizing their facilities to keep passengers moving.
| Jul 29, 2016
Top 45 Airport Terminal Construction and CM Firms
Hensel Phelps generated more than $660 million in revenue last year to earn the top spot on BD+C’s annual ranking of the nation’s largest airport terminal construction and CM firms.
| Jul 27, 2016
Turner turns to design-build, P3, Lean practices, and engineering services
Design-build has accounted for a notable portion of Turner’s work over the last few years.
| Jul 27, 2016
CONSTRUCTION GIANTS: Economists forecast moderation for nonresidential projects
Construction spending is up this year and is expected to continue to increase through 2017. But, economists identified factors that could slow construction spending.
| Jul 27, 2016
Top 70 Construction Management Firms
Hill International, Jacobs, and JLL head Building Design+Construction's 2016 ranking of the largest construction management and project management firms in the United States.
| Jul 27, 2016
Top 115 Contractor Firms
Turner Construction, Whiting-Turner Contracting, Fluor, and Skanska top Building Design+Construction's 2016 ranking of the largest contractors in the United States.
Sports and Recreational Facilities | Jul 20, 2016
San Diego’s waterfront redevelopment would go beyond a mere ‘project’
Its developers envision a thriving business, education, and entertainment district, highlighted by a huge observation tower and aquarium.
| Jul 19, 2016
2016 GIANTS 300 REPORT: Ranking the nation's largest architecture, engineering, and construction firms
Now in its 40th year, BD+C’s annual Giants 300 report ranks AEC firms by discipline and across more than 20 building sectors and specialty services.
Sports and Recreational Facilities | Jul 18, 2016
Turner and AECOM will build the Los Angeles Rams’ new multi-billion dollar stadium project
The 70,000-seat stadium will be ready by the 2019 NFL season. The surrounding mixed-use development includes space for retail, hotels, and public parks.
Contractors | Jul 15, 2016
Trade unions, contractors call for maximum penalty in construction worker death case
‘Sick and tired’ of lawbreaking contractors defining public perception.