According to a recently released analysis by BUILDER, labor shortages have become a serious problem for homebuilders—even though there are 1.03 million fewer construction jobs than there were at the peak of residential construction employment in 2006.
The severity of the shortages varies by trade and is hitting large builders harder than small ones. The initial study data shows that the skillsets builders have the greatest degree of difficulty sourcing are framers, followed at some distance by finish carpentry, drywall, and electrical. Read more.