Where did the construction workers go?
Where did the construction workers go?
The gist of it: with each passing decade there's a growing shortage of construction laborers, resulting in large wait times for housing to be built. Some analysts wonder why the key demographic isn't showing up.
I've seen a few articles in the past few years about young men supposedly checking out of society and work, I wonder if there is a connection between that and this article here because young men tend to be the prime demographic for working this job.
Companies need to pay their workers better.
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Spending 5 minutes on Google shows that the number of construction workers is at all time highs.
It's just that a hot economy requires even more labour.
My 2 cents, the economy could use a rebalancing by raising wages and reducing profits a bit.
If salaries of construction workers get raised from $40K to $50K, then the number of openings will go down and the remaining workers can focus on the more important work while getting a better wage.
reducing profits a bit
This man wants shareholders to starve! How can you provide for your family if you can only afford a 60' yacht instead of 70'??
What a fucking socialist piece of shit they are, if they wanted to be paid well they should have thought of that when being born a poor
from $40K to $50K
I don't know what construction wkrs make but I think this should be a LOT higher. 50K starting and topping out around 100k.
If you go union those rares are a lot higher
Perhaps, those are the BLS figures from 2023.
Interesting, Thanks.