flexiblefullpage -
billboard - default
interstitial1 - interstitial
catfish1 - bottom
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

Codes and Standards | Mar 1, 2024

NIBS report focuses on how commercial buildings access and use water resources

The National Institute of Building Sciences (NIBS) issued a new report, Clean Water, Sanitation, and the Built Environment, focusing on how commercial buildings and residential buildings access and use water resources.

Windows and Doors | Feb 28, 2024

DOE launches $2 million prize to advance cost-effective, energy-efficient commercial windows

The U.S. Department of Energy launched the American-Made Building Envelope Innovation Prize—Secondary Glazing Systems. The program will offer up to $2 million to encourage production of high-performance, cost-effective commercial windows. 

MFPRO+ Special Reports | Feb 22, 2024

Crystal Lagoons: A deep dive into real estate's most extreme guest amenity

These year-round, manmade, crystal clear blue lagoons offer a groundbreaking technology with immense potential to redefine the concept of water amenities. However, navigating regulatory challenges and ensuring long-term sustainability are crucial to success with Crystal Lagoons.

Building Tech | Feb 20, 2024

Construction method featuring LEGO-like bricks wins global innovation award

A new construction method featuring LEGO-like bricks made from a renewable composite material took first place for building innovations at the 2024 JEC Composites Innovation Awards in Paris, France.

AEC Tech | Feb 20, 2024

ABC releases technology guide for AI in construction

Associated Builders and Contractors has released an artificial intelligence (AI) technology guide for the U.S. construction industry. AI in Construction — What Does It Mean for Our Contractors? outlines definitions, construction use cases, and considerations for the implementation of AI in construction.  

Codes and Standards | Feb 20, 2024

AISC, AIA release second part of design assist guidelines for the structural steel industry

The American Institute of Steel Construction and AIA Contract Documents have released the second part of a document intended to provide guidance for three common collaboration strategies.

Sports and Recreational Facilities | Feb 19, 2024

Sports stadium developers sweeten projects with affordable housing to gain support

In recent years, sports stadium developers have been including affordable housing in their projects to win support from local governments and community activists.

MFPRO+ News | Feb 15, 2024

UL Solutions launches indoor environmental quality verification designation for building construction projects

UL Solutions recently launched UL Verified Healthy Building Mark for New Construction, an indoor environmental quality verification designation for building construction projects.

MFPRO+ News | Feb 15, 2024

Nine states pledge to transition to heat pumps for residential HVAC and water heating

Nine states have signed a joint agreement to accelerate the transition to residential building electrification by significantly expanding heat pump sales to meet heating, cooling, and water heating demand. The Memorandum of Understanding was signed by directors of environmental agencies from California, Colorado, Maine, Maryland, Massachusetts, New Jersey, New York, Oregon, and Rhode Island. 

MFPRO+ News | Feb 15, 2024

Oregon, California, Maine among states enacting policies to spur construction of missing middle housing

Although the number of new apartment building units recently reached the highest point in nearly 50 years, construction of duplexes, triplexes, and other buildings of from two to nine units made up just 1% of new housing units built in 2022. A few states have recently enacted new laws to spur more construction of these missing middle housing options.

boombox1 - default
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