Construction Employment Expected to Increase by 1% Each Year Over the Next Decade
Construction industry employment is expected to increase slightly faster (10.2 percent) than the national average of 10 percent by 2016, according to the U.S. Department of Labor’s Bureau of Labor Statistics (BLS) recently released Employment Projections: 2006-16.
Construction, projected to add about 780,000 jobs, is the only component of the goods-producing sector expected to have a positive employment growth. The BLS predicts that by 2016, the construction industry will employ 8.5 million, up from the 2006 total of 7.7 million. “Demand for commercial construction and an increase in road, bridge, and tunnel construction will account for the bulk of job growth in the construction industry,” noted the BLS report.
Construction is also expected to be among the largest sources of output growth over the projection period with real output projected to increase at a rate of 1.4 percent per year. According to BLS, there will be a 12.8 percent increase in output between 2006 and 2016, from $899 billion to $1,031.1 trillion, as measured in 2000 dollars.
Investment in nonresidential construction is expected to grow at a rate of 1.5 percent annually over the 2006-16 period. BLS attributes the projected growth to expanding construction of nursing homes and other medical treatment facilities, as well as new schools in faster-growing regions, work to improve roads and bridges across the country, and the replacement and remodeling of industrial plants.
Architecture and engineering professions are expected to need 268,000 more workers, a 10.4 percent change. The new jobs in the sector will owe their existence to engineering consulting firms benefiting from the growing trend toward subcontracting engineering services out of house. Engineers, with approximately 1.5 million jobs, are expected to add 160,000 more.
According to BLS’s newly updated 2008-09 Career Guide to Industries, other occupations within the industry that are projected to add jobs faster than the national average include:
- Brickmasons and blockmasons: 10.9 percent
- Carpenters: 11.8 percent
- Cement masons and concrete finishers: 11.4 percent
- Construction laborers: 10.4 percent
- Cost estimators: 19.5 percent
- Construction managers: 16.5 percent
- First-line supervisors/managers: 10.6 percent
- Glaziers: 10.4 percent
- Helpers-brickmasons, blockmasons, stonemasons, and tile- and marble-setters: 11.1 percent
- Helpers-carpenters: 12.0 percent
- Helpers, construction trades, all other: 10.7 percent
- Helpers-pipelayers, plumbers, pipefitters, and steamfitters: 12.1 percent
- Plumbers, pipefitters, and steamfitters: 12.7 percent
- Reinforcing iron and rebar workers: 11.9 percent
- Roofers: 16.4 percent
- Sheet metal workers: 10.6 percent
- Welders, cutters, solderers, and brazers: 17.6 percent
Click here for the complete text and tables in Employment Projections: 2006-16.
Click here for the detailed information on the nature, outlook, and earnings for the industry in the 2008-09 Career Guide to Industries.
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