Construction – MSP Sector Analysis 2018 Q1 – TC – August 2018
Approximately 650,000 positions will open up across all industries by the end of 2020, with about 24,000 roles opening in the Commercial Trades. Due to slowing pipeline growth, the 7-county metro anticipates a 3-year construction talent shortage of between 600 and 2,750 workers, including occupations such as pipefitters, carpenters, operating engineers, and supervisors. Mid and high-level skills are most in-demand. Approximately 13.3% of the 7-county metro area is a member of a union, compared to 10.7% of the nation overall. In some metro zip codes, union membership is as high as 28% (55372) and 31% (55417).
Construction – MSP Sector Analysis 2017 Q4 – TC – May 2018
Approximately 606,000 positions will open up across all industries by 2020, with about 24,150 roles opening in the Commercial Trades. Due to slowing pipeline growth, the 7-county metro anticipates a 3-year construction talent shortage of between 600 and 2,750 workers–including occupations such as pipefitters, carpenters, operating engineers, and supervisors. Approximately 13.3% of the 7-county metro area is a member of a union, compared to 10.7% of the nation overall. In some zip codes, union membership is as high as 27% (55450, 55424), 28% (55372), or 31% (55417).
Construction – MSP Sector Analysis 2017 Q3 – TC – February 2018
The 7-county Minneapolis-Saint Paul region is expecting a shortage of construction workers by 2020. With the region’s constricted labor pool, the shortage will approach 600. However, if economic growth of the industry is able to continue at historic levels with a growing labor pool, the shortage could reach 2,750 workers. Construction occupations are highly unionized, making a complex labor ecosystem. Approximately 13.3% of the 7-county metro area is a member of a union, compared to 10.7% of the nation overall. In some zip codes, union membership is as high as 27% (55450, 55424), 28% (55372), or 31% (55417).
