Before the worst economic crisis since the Great Depression, a commonly noted long term challenge facing our industry was eventually replacing the knowledge, skills, and experience of the baby-boom generation. The Great Recession did not remove this demographic challenge.
Recession and other changes in our world have only brought a long-term challenge to our doorstep as a near and clear problem for the continuing growth, health and sustainability of our industry. As jobs became scarce through the economic crisis, the image of construction as a career path took a hard hit compared to other fields often perceived – perhaps inaccurately – as more stable, secure, or financially rewarding. Additionally, investment by our educational system in vocational and skills training has dwindled under strained budgets, the perceived value of college preparation and increasing importance of technology acumen.
Construction as a profession or vocation uniquely provides opportunity for individuals with any level of formal education. An individual can apply talents and acquired skills in countless specific ways. Increasingly, construction utilizes advanced technology more than most comprehend. Construction pays better than many other occupations with those skilled in the trades and crafts often earning more than those more formally educated. Our industry represents diversity and provides opportunity in ways other fields fail to match.
Nevertheless our companies often strain to fill positions while countless individuals and especially young people remain jobless – a seemingly senseless disconnect. As a local contractor working in a very competitive industry, helping solve such systemic issues often seems very remote from the urgent priorities of the day such as finding the qualified person to help now. Construction is a uniquely local industry though. Practical actions can support our industry, help reduce the senseless disconnect, and strengthen your own team:
Nearly every challenge brings with it opportunity. Most importantly, consider what action large or small you can undertake today toward strengthening and building your team for tomorrow’s opportunities.