Key Takeaways
- U.S. construction industry faces a shortage of 501,000 workers in 2024
- Open construction jobs reached 391,000 in December 2023
- 89% of U.S. construction firms report difficulty filling craft worker positions in 2023
- Construction industry projected to need 400,000 net additional workers in 2025
- Labor demand to grow by 4.3% annually through 2030
- Shortage to reach 879,000 by 2027 if trends continue
- 25% of construction workforce over 55 in 2023
- Only 7% of workforce aged 19-24
- 41% of skilled trades workers over 45
- Labor shortages increase project costs by 10-20%
- Wages for craft workers up 5.1% in 2023
- Overtime hours up 15% due to shortages
- Texas has 60,000 worker shortage in 2023
- California construction openings 50,000+ in 2023
- Florida shortage of 45,000 workers
The U.S. construction industry faces a severe and costly labor shortage that hinders growth.
Demographic Trends
Demographic Trends Interpretation
Economic and Wage Impacts
Economic and Wage Impacts Interpretation
National Shortage Figures
National Shortage Figures Interpretation
Policy and Training Initiatives
Policy and Training Initiatives Interpretation
Projections and Forecasts
Projections and Forecasts Interpretation
Regional and Sector Breakdowns
Regional and Sector Breakdowns Interpretation
Sources & References
- Reference 1ABCabc.orgVisit source
- Reference 2BLSbls.govVisit source
- Reference 3AGCagc.orgVisit source
- Reference 4CONSTRUCTCONNECTconstructconnect.comVisit source
- Reference 5HOMEBUILDERhomebuilder.comVisit source
- Reference 6DODGEPIPELINEdodgepipeline.comVisit source
- Reference 7MCKINSEYmckinsey.comVisit source
- Reference 8BUILDINGRADARbuildingradar.comVisit source
- Reference 9EYEONHOUSINGeyeonhousing.orgVisit source
- Reference 10NAWCnawc.orgVisit source
- Reference 11ROOFINGCONTRACTORroofingcontractor.comVisit source
- Reference 12NAHBnahb.orgVisit source
- Reference 13MASONCONTRACTORSmasoncontractors.orgVisit source
- Reference 14BUILDINGTOMORROWbuildingtomorrow.orgVisit source
- Reference 15WHITEHOUSEwhitehouse.govVisit source
- Reference 16NMHCnmhc.orgVisit source
- Reference 17CPWRcpwr.comVisit source
- Reference 18PEWRESEARCHpewresearch.orgVisit source
- Reference 19ACTEONLINEacteonline.orgVisit source
- Reference 20BUILDYOURFUTUREbuildyourfuture.orgVisit source
- Reference 21DOLdol.govVisit source
- Reference 22MIGRATIONPOLICYmigrationpolicy.orgVisit source
- Reference 23CONSTRUCTIONDIVEconstructiondive.comVisit source
- Reference 24AUTODESKautodesk.comVisit source
- Reference 25HIRINGOURHEROEShiringourheroes.orgVisit source






