Millennials to Benefit from the Loss of Skilled Tradesmen
August 20, 2018
The recession, an aging workforce, and an increasing emphasis on high tech jobs have produced a shortage of skilled workers, particularly those in trades that require special training and certification. It is estimated that about 1 million skilled workers were fired or laid off during the recession, a number that still hasn’t been replaced. The National Electrical Contractors Association reports that approximately 10,000 electricians retire each year, with only an estimated 7,000 available to fill those positions - plumbers, carpenters, welders and other skilled trades face similar gaps, creating a potentially dangerous shortfall of qualified employees to replace workers who are retiring from skilled trade jobs.