flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

Construction industry faces a 650,000 worker shortfall in 2022

Codes and Standards

Construction industry faces a 650,000 worker shortfall in 2022

Increase in demand expected from boost in infrastructure spending.


By Peter Fabris, Contributing Editor | March 4, 2022
Declining Construction Industry
Courtesy Pixabay.

The U.S. construction industry must hire an additional 650,000 workers in 2022 to meet the expected demand for labor, according to a model developed by Associated Builders and Contractors.
 
The 650,000 total is in excess of what is needed to keep up with the normal pace of hiring in 2022. ABC’s model uses the historical relationship between inflation-adjusted construction spending growth, sourced from the U.S. Census Bureau’s Value of Construction Put in Place survey, and payroll construction employment, sourced from the U.S. Bureau of Labor Statistics, to convert anticipated increases in construction outlays into demand for construction labor at a rate of about 3,900 new jobs per billion dollars of additional construction spending.
 
“ABC’s 2022 workforce shortage analysis sends a message loud and clear: The construction industry desperately needs qualified, skilled craft professionals to build America,” said Michael Bellaman, ABC president and CEO, in a news release. “The Infrastructure Investment and Jobs Act passed in November and stimulus from COVID-19 relief will pump billions in new spending into our nation’s most critical infrastructure, and qualified craft professionals are essential to efficiently modernize roads, bridges, energy production and other projects across the country.”
 
Based on historical Census Bureau Job-to-Job Flow data, an estimated 1.2 million construction workers will leave their jobs to work in other industries in 2022. This will be offset by an anticipated 1.3 million workers who will move from other industries to construction.

Related Stories

| Mar 27, 2013

Open discussion of regulations on tap at AGC’s 2013 Federal Contractors Conference

The AGC Federal Contractors Conference provides a venue for contractors and federal agency personnel to meet in a collaborative forum to review federal construction contracting issues from around the United States.

| Mar 27, 2013

New BACnet standard offers significant improvements to alarm handling

Changes to the newly published BACnet standard from ASHRAE will encourage smart building automation controls systems including alarms.

| Mar 27, 2013

CEIR releases tool that measures energy, environmental benefits of roof systems

The Center for Environmental Innovation in Roofing (CEIR) released its new RoofPoint Energy and Carbon Calculator that is designed to help roofing professionals measure the energy and environmental benefits of modern roof system technologies.

| Mar 27, 2013

Sustainable wood controversy leads to LEED ‘backlash bill’ in Florida House

A Florida House bill that says state agencies should decide on a project-by-project basis which green certification standards are used on state construction passed a subcommittee vote 12-1.

| Mar 19, 2013

Colorado Zero Energy District project shows how businesses can reach zero-energy standard

An ambitious experiment in Fort Collins, Colo., is supporting development of the nation’s first major urban zero-energy district.

| Mar 19, 2013

New LEED for Neighborhood Development and Historic Preservation guide released

A new guidance manual, LEED for Neighborhood Development and Historic Preservation, outlines strategies geared towards helping building teams incorporate historic resources into their developments.

| Mar 19, 2013

Senate bill would reform EPA’s lead renovation, repair, and painting rules

A bill to reform the EPA’s Lead Renovation, Repair, and Painting Rule (LRRP) was recently introduced in the U.S. Senate.

| Mar 19, 2013

Boston mayor’s energy efficiency disclosure rule under fire

A proposed ordinance in Boston mandating energy audits is coming under criticism from the Greater Boston Real Estate Board and others as being too costly and intrusive.

| Mar 18, 2013

USGBC to GAO: 'Schools need over $271 billion in maintenance fixes'

  The Center for Green Schools at the U.S. Green Building Council (USGBC) has released its first “State of our Schools” report, highlighting the  critical need to modernize school facilities to meet current health, safety and educational standards. 

| Mar 14, 2013

Survey: Market demand now key driver for green construction

Construction firms across the world expect 60% of their projects to be environmentally friendly by 2015, according to the SmartMarket Report of McGraw-Hill Construction.

boombox1
boombox2
native1

More In Category




halfpage1

Most Popular Content

  1. 2021 Giants 400 Report
  2. Top 150 Architecture Firms for 2019
  3. 13 projects that represent the future of affordable housing
  4. Sagrada Familia completion date pushed back due to coronavirus
  5. Top 160 Architecture Firms 2021