✉news BusinessPersonal Finance first seen 11 h ago, last 9 h ago, peak #28

Montana Needs 3,700 Construction Hires a Year as Workers Age Out

Original: Montana Needs About 3,700 Construction Hires a Year as Older Workers Leave the Trades. At 65, Staying on the Job Could Make Waiting Until 70 Much More Valuable

Montana's construction industry needs roughly 3,700 new hires each year as older workers retire from the trades, highlighting a persistent labor shortage in the state. The report also touches on Social Security timing, noting that for workers who reach 65 and can stay on the job, delaying benefits until 70 can significantly increase monthly payments. The combination of worker scarcity and retirement planning decisions is drawing attention to how older tradespeople weigh staying employed against retiring.

Why now: A labor shortage driven by aging trades workers is converging with retirement-timing decisions that affect both individual finances and Montana's construction capacity.

Montanaconstruction industrySocial Security

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• Montana Needs About 3,700 Construction Hires a Year as Older Workers Leave the Trades. At 65, Staying on the Job Could Make Waiting Until 70 Much More Valuable · 24/7 Wall St.

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