As New Generations Filter Through the Construction Industry, it's Important that we Plan to Train and Invest in the Future Generation of Work Force Now.
Baby boomers currently represent over 40 percent of the construction industry. The shortage of labor workers can be directly linked to the high number of retirements the industry sees and will see in the future. This means that the construction industry is on track to lose 14 percent to 20 percent of specific employment groups. So the next step for this industry is recruiting a new generation of workers: Generation Z. Generation Z is a highly sought after group but there are ways to win them over to the industry. And trust us, you want to do that.
Call it a “nice to have problem” if you like, but most construction firms—from plasterers to plumbers—are worried about where to find the next generation of workers. In fact, it could be hurting your ability to keep pace with demand and grow your business.