(p. A3) The construction business is having trouble attracting young job seekers.
The share of workers in the sector who are 24 years old or younger has declined in 48 states since the last housing boom in 2005, according to an analysis of U.S. Census data by Issi Romem, chief economist at construction data firm BuildZoom. Nationally, the share of young construction workers declined nearly 30% from 2005 through 2016, according to Mr. Romem.
While there’s no single reason why younger folks are losing interest in a job that is generally well-paid and doesn’t require a college education, their indifference is exacerbating a labor shortage that has meant fewer homes being built and rising prices, possibly for years to come.
For the full story, see:
Laura Kusisto. “Youths Shrug at Construction Jobs.” The Wall Street Journal (Wednesday, Aug. 1, 2018): A3.
(Note: the online version of the story has the date July 31, 2018, and has the title “Young People Don’t Want Construction Jobs. That’s a Problem for the Housing Market.”)