If you haven’t felt its effects already, you’ve at the very least heard about it: The Skills Gap. No, it’s not a store at the mall wedged between Foot Locker and Sbarro where you go to learn how to weld. The skills gap is a very unfortunate reality whereas your business has specialized work that needs to be done, but not enough people with the skills to do it.
The problem is that while the construction industry is growing (McGraw Hill projects that non-residential construction will increase 73% in the coming year over 2011), fewer people are getting into the trade. With an estimated 19% of the construction workforce set to retire in the next decade, the gap between your need for workers and the available pool is only going to increase.
But it’s not an inevitable fate. There are things your construction business can do – along with the rest of the construction industry – to help ease the skills gap and ensure you’ve got an effective workforce for the years to come.