Eight years ago, the housing crash drove an estimated 30 percent of construction workers into new industries. Now, homebuilders are struggling to find workers to serve a newly resurgent housing market, Reuters reports.
The National Association of Homebuilders estimates there are some 200,000 unfilled construction jobs in the U.S., a jump of 81 percent in the last two years and the highest ratio of job openings to hiring since 2007.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
-
Exploring Easter Island, one of the world's most remote inhabited islandsThe Week Recommends It takes time and effort to travel to this mystical locale
-
Linda McMahon, the former wrestling mogul tapped for Department of EducationIn the Spotlight Longtime Trump ally set for nomination as secretary of the agency despite limited background in the field
-
Russia vows retaliation for Ukrainian missile strikesSpeed Read Ukraine's forces have been using U.S.-supplied, long-range ATCMS missiles to hit Russia
-
US charges Indian tycoon with bribery, fraudSpeed Read Indian billionaire Gautam Adani has been indicted by US prosecutors for his role in a $265 million scheme to secure solar energy deals
-
Boeing machinists approve contract, end strikeSpeed Read The company's largest union approved the new contract offer, ending a seven-week strike
-
US economy still strong in final preelection reportSpeed Read It grew at a solid 2.8% annual rate from July through September
-
Boeing machinists reject deal, continue strikeSpeed Read The rejection came the same day Boeing reported a $6.2 billion quarterly loss
-
Ports reopen after dockworkers halt strikeSpeed Read The 36 ports that closed this week, from Maine to Texas, will start reopening today
-
Empty-nest boomers aren't selling their big homesSpeed Read Most Americans 60 and older do not intend to move, according to a recent survey
-
Brazil accuses Musk of 'disinformation campaign'Speed Read A Brazilian Supreme Court judge has opened an inquiry into Elon Musk and X
-
Disney board fends off Peltz infiltration bidSpeed Read Disney CEO Bob Iger has defeated activist investor Nelson Peltz in a contentious proxy battle
