✉news BusinessReal Estate first seen 7 h ago, last 1 h ago, peak #20
US Housing Faces 300,000 Unfilled Skilled Trades Jobs
Original: Skilled Trades Shortage Hits Housing: 300,000 Unfilled Jobs - News and Statistics
The US housing sector is short roughly 300,000 skilled trades workers, according to new statistics from IndexBox. The shortage of electricians, plumbers, carpenters and other construction workers is constraining homebuilding at a time when housing supply remains tight, pushing up labor costs and delaying projects. Industry analysts point to an aging workforce and too few apprentices entering the trades as key drivers of the gap.
Why now: A newly reported figure of 300,000 unfilled trades jobs highlights the construction labor shortage constraining housing supply.
IndexBoxUS housing sectorconstruction industry
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/284496