According to the U.S. Bureau of Labor Statistics, the employment of electricians is projected to grow by 9 percent from 2020 to 2030. As in other fields of construction, this is developing into something of an HR crisis. Demand for qualified electricians is outstripping availability, and the consequences aren’t always readily apparent.
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The Covid pandemic had a huge negative impact on construction in general. Not widely talked about is how it affected retirement as some contractors, and other skilled laborers, chose early retirement during shutdowns. Ironically, the boom in remote work allowed many workers to move out of high-priced metropolitan areas and pay to have new homes constructed in cheaper areas. Now, economic recovery in construction rests on residential work more than commercial. Savings, new jobs, and low rates prompted homeowners to build, change spaces, and engage in construction.
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