Associated Builders and Contractors members invested $1.6 billion to educate their employees in 2018, up from $1.1 billion in 2013.
The 45% increase in spending resulted in nearly twice as many course attendees—more than 980,000—receiving craft, leadership, and safety education training in commercial and industrial construction, according to an ABC report.
“With more than 90% of members reporting a worker shortage and construction spending at near-record highs, this is the time to invest in our people, expand career opportunities and secure the workforce of the future,” said Greg Sizemore, ABC’s vice president of health, safety, education and workforce development.
ABC member contractors invested an average of $117,679, or 8.3% of payroll, on workforce development and education in 2018.
Safety education accounted for the greatest share of spending at 48%, or $1,306 per employee. ABC members provided safety education to nearly 600,000 course attendees in 2018.
ABC estimates that 8.2 million people were employed by the U.S. construction industry last year, and an additional 500,000 people will need to be hired in 2019 to meet the current backlog of construction projects—which stood at to 8.8 months in February 2019, according to ABC’s Construction Backlog Indicator.
Related Stories
Codes and Standards | Oct 6, 2021
Intl. Code Council publishes EV and building codes resource
Assists communities in setting policies for electric vehicle charging requirements.
Codes and Standards | Oct 5, 2021
Feds award $1 billion to renovate health centers
Funds will modernize existing infrastructure and cover other COVID-19-related capital needs.
Codes and Standards | Oct 4, 2021
Boston City Council approves mandate for major emissions cuts for large buildings
Applies to buildings 20,000 sf or larger—about 4% of city’s buildings.
Codes and Standards | Oct 4, 2021
HPD Collaborative and Green Seal to align standards
Will result in expanded options for manufacturers to enhance sustainability reporting and certifications.
Codes and Standards | Sep 30, 2021
U.S. has a deficit of 5 million homes
Builders unable to keep pace with demand.
Codes and Standards | Sep 29, 2021
Mass Timber group study will compare structural round timber to glulam products and steel
Will compare costs, capabilities, and carbon impacts of structural materials.
Codes and Standards | Sep 28, 2021
Massachusetts creates Commission on Clean Heat
First-of-its kind body to set targets for buildings to reduce emissions from heating fuels.
Codes and Standards | Sep 27, 2021
Commercial real estate industry faces SEC climate disclosure regulations
Risks associated with climate change would have to be revealed.
Codes and Standards | Sep 22, 2021
Group proposes Carbon Use Intensity metric for new buildings
Plan would track embedded carbon on projects.
Codes and Standards | Sep 22, 2021
Illinois’s sweeping climate bill includes statewide stretch code, building electrification measures
Aims for zero-emissions power sector by 2045.