NAHB Housing Policy Briefing: Three organizations step up with major funding for training workers in the skilled trades; data shows uptick in March new-home sales
NORTHAMPTON, MA / ACCESSWIRE / March 29, 2023 / Timberland:With the average age of skilled workers being 43 years old, many will retire and eventually there will be a shortage of labor workers. With a
Lowe’s Foundation, the nonprofit arm of the leading hardware, building trades and home goods retailer Lowe's, just launched a new initiative that takes on workforce training with focus on community connections, and it could make all the difference.
The construction industry will need an estimated 546,000 more workers "on top of the normal pace of hiring in 2023 to meet the demand for labor," analysts say.