Construction Economy

Are You a Young Professional? Here Are 3 Reasons Why The Construction Industry Is Perfect For You

Are You a Young Professional? Here Are 3 Reasons Why The Construction Industry Is Perfect For You

Are you a young professional? If you are, the construction industry in the US is a terrific industry for you to enter into for three reasons.

For the past few decades, the construction industry has been aging.  Rapidly.  Between 1985 and 2014, the average age of a construction worker in the US rose from 36 to 43.  The reasons for this rise are numerous, but one thing that stands out as a major contributor is the loss of construction jobs after the 2006-2007 housing collapse.  In the image below, you can see that the workers who lost the most jobs were young workers (age 16-29).

 

Construction Employment By Age

Source: Current Population Survey Annual Social and Economic Supplement

 

Those jobs never came back even though the construction industry has rebounded and reached pre-bubble levels once again, creating a fantastic opportunity for young workers.

Here are the 3 reasons why young people should think about getting their next job with a builder:

DEMOGRAPHICS

The baby boomer generation, currently running most of the management positions in the construction industry, is reaching retirement age.  As they retire, it will create a need for young professionals to step into management roles.

TECHNOLOGY

More and more, technology is playing a larger role in the construction industry.  From drones to mobile apps, workers in the construction industry are using new technologies to improve efficiency and profitability.  Younger workers entering the construction industry will have a much easier time adopting these new technologies and using them on a daily basis, which will rapidly move them up the ranks. 

POLITICS

America has an infrastructure problem.  It’s in dire need of a huge update from coast to coast and politicians are going to be forced to tackle this problem with major spending in the construction industry to make sure no more bridges collapse.

The construction industry is going to be responsible for rebuilding America’s aging infrastructure at a time when the industry’s business owners and senior managers will be retiring.  It presents a fantastic opportunity for young workers who join its ranks, adopt new technologies quickly, and move up into those senior level positions.

Agree? Disagree? Share your thoughts in the comments below!

 

Justin NolanJustin Nolan is the Director of BuildingBlok Solutions at The Blue Book Network. He graduated from Johns Hopkins University in 2004 with a degree in History. After a few years in finance he moved over to Hill International as an assistant project manager. In 2007, he founded BuildingBlok, an online construction management software system, to help make the construction process more efficient.

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4 Comments

  1. Ed Paul

    December 21, 2015 at 9:39 am

    I do agree. Unfortunately, the trades are doing a bad job of recruiting young talent. My son tried several times to get into the construction trades and is was so disconnected the way the construction trade goes about getting new people. Now my son is working for a small carpentry company doing additions on houses. He doesn’t get paid a lot and gets no benefits. The trades need to do things differently to engage the young job seekers or they will continue to get older an have less talent available.

    • Justin Nolan

      December 22, 2015 at 5:58 pm

      Ed, couldnt agree more. It’s tough for these small contracting businesses to market themselves because they really dont have the time or resources to do so. Very tough for a young person entering the workforce to find out that there is a job available! Best of luck to your son. Hope he is able to move to a larger company with the experience he’s gained at his current position.

    • Robert Guiles

      December 26, 2015 at 7:13 am

      I agree with you sir.. I currently work for a midsized general contractor who is home-office is in Utah.. Over the last 10 years I’ve noticed a lot of our subcontractors are poorly mismanaged I have their schedule of values I have their contract I know what we’re paying them each month but the fact that they can’t afford to pay kids a starting wage of 15 bucks an hour to do frame is absurd.. Have I had to do it all over again I also would go a different path I wouldn’t frame apartment complexes for 12 bucks an hour., for most of us Construction is not a job it is a way of life.

  2. Kevin Runion

    January 8, 2016 at 4:44 pm

    I agree with your general assessment. I have urged young able bodied young men and women to take a look at the construction sector as a path to success. One doesn’t need a degree to be a success. To the point, I mentored two young men to become instrument technicians who now make well over $100K a year while kids they graduated HS with and went to college are still struggling to find good paying jobs.

    I challenge all the elders in the Construction industry to take the time to get to know the new group of workers and share your experiences both good and bad

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