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Key Findings from New McGraw-Hill Construction Market Research Study on Construction Industry Workforce Trends Construction Industry Workforce Shortages: Role of Certification, Training and Green Jobs in Filling the Gaps Despite the economy, a number of market factors—including an aging workforce, shortage of students in the pipeline for the construction professions and trades, laid off workers leaving the industry and not returning and new skills being required—are creating labor shortages in our industry. The intelligence in this SMR will contribute data to help the industry prepare for the workforce of the future.
SHORTAGES ARE EXPECTED IN THE CONSTRUCTION INDUSTRY OVER THE NEXT THREE YEARS Professional Shortages according to Architects, Engineers & Contractors (AEC)
Skilled Trade Shortages according to General Contractors
Green Skills Also Expected to be In Demand
69% of AEC firms point to workforce shortages—with the most severe being electrical and mechanical engineers.
45% of general contractors think there will be workforce shortages in the trades—particularly in carpentry, electrical and concrete trades.
70% of the AEC firms are concerned about finding green skilled trades workers—particularly in HVAC, carpentry and electrical trades.
PROFESSIONAL CERTIFICATIONS ARE KEY TO FIRM GROWTH AND PROFESSIONAL OPPORTUNITIES
GREEN JOBS AND SKILL SETS ARE ON THE RISE—AND INTRINSIC TO THE FUTURE CONSTRUCTION WORKFORCE
Certified Employees Help Firms Grow Business
• 35% of AEC jobs were green as of July 2011, expected to grow to 45% by 2014. • 60% of unemployed AEC professionals are seeking a green job.
AEC Construction Jobs—Total and Green (in thousands)
• 71% of AEC firms report that having certified employees on staff increases their firm’s competitiveness. • 68% think that green certified employees help expand their green business.
Individuals Value Certification and Training • 75% of professionals believe being certified creates more job opportunities for them.
Source: McGraw-Hill Construction Workforce/Green Jobs survey, October 2011; Total Jobs Number from the U.S. Bureau of Labor Statistics Note: For the purposes of this study, a green job is defined as one of the following (1) For architects, engineers and general contractors, more than 50% of their work is on green building projects, (2) For craft workers and subcontractors, their job required significant training or different skills to meet green goals, or (3) For all, their job involves designing or installing a uniquely green system.
These findings on construction industry workforce trends, as well as other results from this national study of a representative sample of U.S. architects, contractors, engineers and trades workers will be published this spring by McGraw-Hill Construction in a new SmartMarket Report, titled “Construction Industry Workforce Shortages: Role of Certification, Training and Green Jobs in Filling the Gaps.” Key research partners include the U.S. Green Building Council and The American Institute of Architects. Other supporters include the Society for Marketing Professional Services, National Association of the Remodelers Industry, Building & Construction Trades Department of the AFL/CIO and American Institute of Constructors & Contractor Certification Commission. Visit construction.com/market_research to download the SmartMarket Report upon its release this spring. Copyright © McGraw-Hill Construction, 2012, ALL RIGHTS RESERVED
