Tag Archive for ‘construction workers’

Construction Self-Employment Rates Exceed 23%

According to the 2016 ACS, over 23% of construction workers are self-employed, while an economy-wide average does not reach 10% of the employed labor force. The high self-employment rates in construction reflect a common practice of builders and remodelers to maintain relatively small payrolls and rely on subcontractors for a large share of the construction work. During the housing downturn,… Read More ›

Age of Construction Workers

A scarcity of labor remains an important headwind for home builders and the entire construction industry. NAHB analysis of the most recent 2015 American Community Survey (ACS) data reveals that the median age of construction workers is 41, which is the same as the median age of the overall labor force. As home building continues its recovery, there are significant… Read More ›