Construction Employment Growth

The US construction industry currently employs over 8 million people. Over the last five years, it has seen an average employment growth rate of 3.5% per year, meaning career opportunities within this industry are plentiful.

According to IBIS World, ‘market size is projected to increase over the next five years’, meaning now is the perfect time to embark on a career in the ever-expanding construction industry.

With advancing technology, government initiatives inspiring large projects and predicted economic expansion, we can expect an exciting few years for this diverse sector.

But what is driving employment growth within the industry? And what could a career in the construction industry look like for you?

What is Driving Construction Employment Growth?

Several factors are acting as a driving force for the growth of the construction industry, and therefore the growth in employment. These include:

Economic Expansion

After taking a hit during the COVID-19 pandemic, the US economy has benefitted from upward trends across the board over the last few years. And, as the construction industry so closely correlates with the overall economic climate, it’s clear to see why this may have had a positive impact on the construction industry itself.

In July this year, 363,000 job openings within this industry were recorded, reflecting the current state of the economy and its positive impact on construction.

Technological Advancements

Technology is improving by the day, and these advances enhance efficiency and productivity within the construction industry. With more scope for larger, more advanced projects than ever before, the demand for skilled workers is consistently increasing.

Infrastructure Investment

Government initiatives, which include the development of new housing, bridges, roads, public buildings and renewable energy sites, mean skilled construction teams are in demand. As these projects are scaled up across the country, construction firms are prioritising the recruitment of skilled construction workers.

What does a Career in Construction Look Like?

This industry offers a range of benefits for employees. These include:

Diverse Job Opportunities

From carpentry to plumbing, sales to project management, the construction industry offers a vast range of job opportunities suited to all skill types. This enables you to choose a fulfilling career that speaks to your passions and leaves you feeling satisfied in your role.

Job Security

The construction industry is vital for our economy, so you can rest assured your job isn’t going anywhere any time soon. Construction workers are always in demand, meaning your role will be highly valued and secure for the duration of your construction career, offering complete peace of mind.

Career Advancement

The variety of roles within the construction industry allows for fulfilling career advancement. You may begin your career in a trade like plumbing or carpentry before moving up the ladder to roles like project manager – an exciting prospect for driven individuals looking for a career that can advance with them.

Your Construction Career

If you’re interested in a career in construction or are looking for your next construction role, we can help. Please get in touch with our recruitment team for more information.