Wednesday, January 5, 2011

Future Shortage of Skilled Labor

Yep!! And most of us were keeping the construction industry going as it slowly collapsing, especially the commercial sector, housing tanked rapidly, as younger workers stayed away from the trades. But don't worry, the education industry will stock with bodies, no experience and unsure about quality that depends on each individual! Stop talking green and start investing, trickle down con, in more projects, we'll teach with actual work, that is if we're still around!

Some in Hard-Hit Construction Sector Worry About Future Shortage of Skilled Labor


12/30/2010 - The construction sector has been hit harder than perhaps any other in the U.S. economy, suffering the near-collapse of residential and commercial building since 2007. So it might seem strange that builders fear a coming shortage of skilled labor, but they do.

They're taking steps to solve that problem by working proactively with school systems to teach kids how to use math on the work site, in an effort to spark interest and boost skills.

Employment in construction peaked in August 2006, just before home prices burst and nearly sank the U.S. financial system. Since then, 2.1 million jobs have disappeared, a 27 percent decline from the 7.7 million construction jobs at that peak. One in four construction workers employed at the peak is now either jobless or making a living some other way.

Even as the national economy recovers, the construction sector continues to suffer. Over the 12 months from November 2009 to 2010, California lost 36,900 construction jobs, Nevada shed 16,600, Florida 12,900 and North Carolina 9,400.

There should be plenty of demand for construction workers once the sector revives with the economy, but Ken Simonson, the chief economist for the Associated General Contractors of America, isn't optimistic that rising demand can be filled with skilled labor. {continued}

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