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Source: 2010 FMI Report
- By the year 2014, the construction industry will face a deficit of more than 1.5 million craft professionals.
- 20% of the construction workforce will retire in the next two to four years.
Source: Green Building Certification Institute (GBCI)
- Currently over 29,000 projects registered with the GBCI are seeking LEED certification.
Source: U.S. Bureau of Labor Statistics, Occupational Outlook Handook and Career Guide to Industries
- Construction is one of the nation’s largest industries
- In 2006 there were 7.7 million Americans in construction
- The construction industry is among the economy’s top 10 largest sources of growth
- The average craft professional is 47 years old
- 240,000 trained jobs go unfilled each year
- From 2006-2016 there will be almost 1 million new jobs available in construction, an increase of 10.2%
- Construction occupations are projected to grow 11% through the year 2016
- The Gross Domestic Product for construction in 2006 was $630 billion, a 4.8% share of the national total (U.S. Bureau of Economic Analysis)
- About 64% of wage and salary jobs in 2006 were with specialty trade contractors
- Opportunities to own your own firm are better in construction than any other industry--1.9 million individuals in the construction industry were self-employed in 2006.
- In 2006 the average hourly rate for production and nonsupervisory workers in construction was $20.02, compared to an average of $16.76 for production and nonsupervisory workers in all private industries
- Click here for state occupational employment and wage estimates