The Top 10 Construction Jobs With the Fastest-Growing Wages
These are the jobs where qualified construction workers can find better pay and growth potential.
High Demand Meets Higher Paychecks
If you have ever thought about a career in construction, or if you are already in the field and considering a specialty, now is an excellent time to look at the data. The United States construction industry is in the midst of a prolonged and significant labor shortage. Despite some signs of a cooling economy, contractors nationwide are still reporting immense difficulty hiring skilled workers.
Recent industry surveys suggest a startling statistic: nearly 80 percent of contractors are struggling to fill open roles. The root causes are complex, including an aging workforce retiring out, decades of underinvestment in vocational education, and limited immigration. But this basic principle of economics is playing out clearly: high demand and limited supply are pushing wages upward.
While overall wage growth has not been as explosive as some might expect, certain specialized and hard-to-fill roles are seeing remarkable pay increases. An analysis of federal data reveals which construction and extraction occupations have seen the most significant wage growth over the past five years. For workers with the right skills, this environment presents a real opportunity for financial advancement.
Here are the top ten construction jobs with the fastest-growing wages, based on a five-year analysis of Bureau of Labor Statistics data.
0 Comments