The construction job market in 2014 is expected to grow as the economy improves, and many Americans are more optimistic about this year compared to the last.
1. Construction Job Trends 2014
The construction job market in 2014 is expected to grow as the economy improves, and many
Americans are more optimistic about this year compared to the last. Over the next few years,
analysts expect healthy growth in the construction industry with more available construction jobs
and more construction projects to pursue.
Construction Job Growth in the US
Just last month, Ohio led the nation in construction job growth, adding 4,000 new construction
jobs. In fact, contractors in Texas and other states are finding a shortage of skilled construction
workers to meet rising demand. As news of job growth spreads, however, those workers that left
the construction industry during the recession and mass layoffs several years ago could
potentially return to the field.
2. Construction employment did decline in 32 states during the months of November and
December 2013, though this is attributed to the blistering winter that has affected much of the
country. Snowstorms and frigid temperatures have made it difficult for construction projects to
be completed in many places, thus curtailing any growth. Once the weather improves,
construction jobs could see more growth.
Wages for Construction Employees
In Florida, construction companies are offering higher wages in an effort to bring in skilled
workers and retain them for the long term, according to a recent survey.
This is hopefully the beginning of a more widespread wage increase across America. According
to the Bureau of Labor Statistics, construction laborers do not usually earn exceptionally high
wages, with the higher earners making less than $60,000 per year. Workers in the South,
according to the BLS, make less than those in other parts of the country.
Green Construction
Green construction has been on the rise the last several years. More contractors and
construction business owners are counting on green and energy-efficient building practices to
save costs and energy over the long-term. The growth and adoption of technology in the
construction sector, such as smarter HVAC systems, will help conserve energy and manage it
more effectively, especially when buildings and rooms are not in use.
3. People are optimistic that this year will be a better environment and economic climate than the
last few, and that things are headed in the right direction for the construction industry.
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