A scarcity of workers has been a notable headwind for home building and other parts of the construction industry in recent years. And a look at Census data reveals that the average age of workers in the construction industry exceeds the average age of the overall labor force.
As home building has recovered, there has been a significant labor market developments. Unfilled jobs for the construction sector have been on a generally rising trend. And while the residential construction sector has been adding net jobs, more than a half million since the low point of employment after the Great Recession, builders cite access to workers as a top business challenge.
Read more at NAHB Eye On Housing
