A Closer Look

Skills Gap in US – The case of construction workers

Homebuilders have had a difficult time finding labor.

This might sound odd considering that 1.5 million construction workers lost their jobs during the recession and only about 80,000 construction jobs have been added back since the recovery began, says Bank of America’s Michelle Meyer.

To get a better sense of the health of the construction labor market, Meyer plots a Beveridge Curve, which looks at the relationship between the unemployment rate and job openings rate, for construction workers.

Capture d’écran 2014-07-15 à 08.57.45

via Beveridge Curve For Construction Workers – Business Insider.

Discussion

3 thoughts on “Skills Gap in US – The case of construction workers

  1. Major thankies for the article.Much thanks again.
    Construction Accounting Software

    Posted by SairaMei | July 25, 2014, 2:58 am

Trackbacks/Pingbacks

  1. Pingback: Skills Gap in US – Sixty-one percent says it exists but not me! | Job Market Monitor - September 17, 2014

  2. Pingback: Skills Gap in US – The next generation of workers won’t be able to fill the void | Job Market Monitor - March 5, 2016

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