HOUSING AND LABOR SHORTAGE

Housing start continue to recover from the Great Recession.*

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Meanwhile, employment of U.S. residential specialty trade contractors, which account for most home-construction labor, stands at nearly 1.8 million workers. That’s nearly 28% less than at the home-building market’s peak in 2006.*

Even so, construction labor is getting hard to find, especially because of fewer Mexican workers:*

(Click on Figure to Enlarge)

* http://blogs.wsj.com/economics/2015/09/21/how-immigration-has-contributed-to-the-construction-worker-shortage/?mod=djemRTE_h