ARTICLE
As labor shortages continue in construction, it becomes even more critical for the industry to monitor its number of aging workers. According to a new report from CPWR, the average age of construction workers increased 1.2% from 41.6 to 42.1 from 2011 to 2023. The report shows that while the average age of workers in the construction industry continues to rise, it’s not rising quite as fast as other industries, as had been the case in the past. According to the report, construction had a lower average age in 2023 than all industries for the first time since 2012. Before that, it had the highest average age. The report concludes that aging trends in construction need to be tracked, especially as more than 4.1 million Americans will turn 65 between 2024 and 2027. “As the proportion of construction workers 55 years or older continues to increase, it is important to monitor aging worker trends, which can guide interventions to keep them safe and identify upcoming construction employment gaps,” the report says. Click here to read the full report.
As labor shortages continue in construction, it becomes even more critical for the industry to monitor its number of aging workers. According to a new report from CPWR, the average age of construction workers increased 1.2% from 41.6 to 42.1 from 2011 to 2023.
The report shows that while the average age of workers in the construction industry continues to rise, it’s not rising quite as fast as other industries, as had been the case in the past. According to the report, construction had a lower average age in 2023 than all industries for the first time since 2012. Before that, it had the highest average age.
The report concludes that aging trends in construction need to be tracked, especially as more than 4.1 million Americans will turn 65 between 2024 and 2027.
“As the proportion of construction workers 55 years or older continues to increase, it is important to monitor aging worker trends, which can guide interventions to keep them safe and identify upcoming construction employment gaps,” the report says.
Click here to read the full report.