Don't try tell the construction industry that there will be an economical slowdown. Business is booming for construction companies and they need to hire a lot of workers to keep up with the demand.
There is a huge push to get more skilled workers in the construction business. Companies are looking to hire qualified candidates by the dozens this year and the following.
According to the latest data from ABC, the demand could grow to almost 500k by 2026.
What that Means for Construction Workers
The construction industry is on the brink of a major workforce shift. By 2025, we're talking a need for 439,000 new workers. That's right—growth doesn't come without its challenges.
The Associated Builders and Contractors' latest findings highlight a potential labor shortfall that could drive up labor costs if not addressed. What's at play here? Besides steady demand, a younger workforce is gradually emerging, with the median age dropping below 42 years for the first time in over a decade.
Despite this progress, snagging talent—especially in areas booming with manufacturing and data center projects—remains a struggle. Innovation is key, as technological advancement in educational programs and construction sites is pivotal to ushering in new talent as recounted by ABC CEO Michael Bellaman.
Moreover, ABC advocates for a merit-based, market-oriented visa system to relieve worker shortages further, aligning with potential legislative strides from the Trump administration and Congress to simplify regulatory landscapes which would spur fair and open competition and bolster infrastructure revival.
Related: How to Find Construction Companies
Challenges for Hiring at Construction Companies
With a shortage of talent, existing construction companies will need to be creative, decisive, and active in order to secure top talent and keep their projects from falling off deadlines.
It's going to be important for construction companies to use a variety of tools and services to find the right candidates. Social sites like LinkedIn, offer a opportunity for companies to explore and recruit candidates.
For companies that are tried of scoring resumes or social networks, tools like Seamles.AI make it easy to search construction candidates based on industry, skill set, tech stack, location, or other criteria. This option gives companies more power and allows them to explore potential workers at their own pace and with their own set of parameters.
Find out more today by talking to one of our reps or sign up for a free account to check it out for yourself.