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Construction Industry Predicts Growth in 2015 and Beyond

Construction Industry Predicts Growth in 2015 and Beyond

A new survey by the Associated General Contractors of America (AGC of America) shows that the construction industry is ready to hire more workers than they have hired in 10 years. The industry estimates that it needs 60,000 workers in the next decade. Their goal is to hire at least 6000 people each year. However, the concern is there may not be enough skilled workers to fill the jobs.

As FOX News (1.27.15) pointed out, the number of craft workers dropped during the recession as people left the field or moved to another area for employment. Even subcontractors report that they are getting overloaded with work. In addition to a shortage of skilled workers, the construction industry said there are a number of open positions for professional jobs including, superintendents, project managers and estimators. On the positive side, compensation levels for qualified construction workers appears to be rising, said the AGC of America in its recently released 2015 Construction Industry Hiring and Business Outlook.

According to a press release from the AGC of America, construction firms added jobs in 40 states and the District of Columbia between December 2013 and December 2014. These construction employment gains appear to be consistent with the general optimism expressed by the contractors surveyed for the association’s report. According to the outlook, 80 percent of contractors said that they plan to add new construction jobs in 2015. Texas added the most construction jobs between December 2013 and December 2014.

Other states adding a high number of new construction jobs included Florida, California, Illinois, Washington, North Dakota, Utah, Wisconsin and Arkansas. Thirty-eight states and the District of Columbia added construction jobs between November 2014 and December 2014. During this period of time, New York was the state that added the most construction jobs. There are a lot of benefits to being a construction worker, and negative aspects, as well. Construction workers get paid well if they join a local union and graduate from their apprenticeship program.

Another benefit is not having to dress up for work. The unavoidable negative is that construction sites are dangerous. According to the Occupational Safety and Hospital Administration, one in five worker deaths in 2013 were in construction. The leading causes of worker deaths on construction sites were falls, followed by struck by object, electrocution, and caught-in/between.

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