A Construction Boom
The pandemic caused a major shift in where and how people work.
With people spending more time in their home, many realized that home could use some sprucing up.
And while there were a lot of do-it-yourself projects at first, as people feel more comfortable letting contractors in, they will probably seek out professionals.
And although construction.
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An Aging Workforce
More than 20% of current construction managers are approaching retirement,but who will replace them.
While there should have been replacement workers coming in their wake, during the 2008 recession, many construction workers left the industry to pursue other careers and did not return to the profession.
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Climate Change
While the world continues to deal with ongoing climate change effects, there is a renewed emphasis on retrofitting buildings to make them more energy efficient.
Many clients want “greener” buildings that are net zero energy.
This will create jobs for construction managers to oversee the installation of solar and wind energy as well as geothermal he.
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Federal Infrastructure Funding
In November 2021, Congress passed the $1 trillion Infrastructure Investment and Jobs Actthat will provide funding to upgrade the nation’s roads, bridges, railways, power lines, water and sewer systems, and airports.
This will result in thousands of new construction projects that will require well-trained and experienced construction managers.
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How many construction managers are in demand?
Over the next 10 years, it is expected the US will need 49,200 construction managers.
That number is based on 44,800 additional construction managers, and the retirement of 4,400 existing construction managers.
Are construction managers in demand.
The overall job outlook for construction managers is positive.
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Is construction management a good career?
CareerExplorer rates construction managers with a C employability rating, meaning this career should provide moderate employment opportunities for the foreseeable future.
Over the next 10 years, it is expected the US will need 49,200 construction managers.
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Lack of Investment and Foresight
Many companies have not invested enough in training new construction managers or encouraging both men and women to enter the profession.
They haven’t offered job shadowing and or internship opportunities for high school students and they haven’t done enough to promote the profession as an interesting and rewarding career.
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What is the job outlook for construction managers?
The overall job outlook for construction managers is positive.
Growth in the field will be driven by new construction projects, as well as the need to retrofit and renovate older buildings for energy efficiency and upgrade roads, highways, bridges, water and sewer pipes, and other infrastructure.
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Will construction management jobs increase in 2029?
The demand for construction management jobs is expected to increase much faster than average through 2029.
Typically, construction managers must have a bachelor’s degree, and they learn additional management skills through on-the-job training.
