Tag Archive for ‘aging’

Aging Construction Workforce

NAHB analysis of the most recent 2017 American Community Survey (ACS) data reveals that the median age of construction workers is 42, a year older than a typical worker in the national labor force. Aging construction workers and the ongoing labor shortage are two major headwinds for home builders and the overall construction industry. As home building sector continues its… Read More ›

Who is (Not) in the Labor Force

The number of people not in the labor force has been growing. As of December 2016, 95.1 million people, aged 16 or older, were not in the labor force, according to data from the Bureau of Labor Statistics (BLS). An aging population is responsible for this growth, but what are the other reasons individuals cite for not being in the… Read More ›