Construction Workforce Shortage Over Half a Million

What does the construction labor shortage look like? According to a proprietary model developed by Associated Builders and Contractors (ABC), in 2024 the construction industry will need to hire an estimated 501,000 additional employees. This is on top of the normal labor hiring already required in 2024. “ABC estimates that the U.S. construction industry needs to attract about a half million new workers in 2024 to balance supply and demand,” said Michael Bellaman, ABC president and CEO. “Not addressing the shortage through an all-of-the-above approach to workforce development will slow improvements to our shared built environment, worker productivity, living standards...

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