Demand for residential construction workers has outpaced supply for years. Open construction positions rose to 410,000 in October 2021, according to NAHB data, up from 253,000 one year earlier. At the same time, the construction employment base remained relatively flat with 7.5 million jobs in November, up from 7.4 million in January.
HBI’s Construction Labor Market Report, which is based on data and research from the NAHB, estimates the residential construction industry will need to train and place 2.2 million new workers over the next three years in order to meet the present demand for new housing in the United States.
