Thursday, April 24, 2008

Construction Growth is Coming

According to the Portland Cement Association's Chief Economist, we are officially in a recession but we will recover within 18 months. By 2010 growth will return. This matches pretty closely with projections from the Colorado State Goverment's workforce data that show the Construction Workforce will grow by 100,000 workers by 2015 - that's a 30% increase in 7 years. Construction companies are gearing up with hiring fairs. Yesterday we were at the Colorado Construction Career Days job fair.
Here's how the Denver Post described it:

Wanted: Brick-and-mortar skills
Housing market may have toppled, but not the need for construction workers
By Aldo Svaldi The Denver Post
Getting workers who once built homes to build gas pipelines, light-rail tracks and commercial buildings has become a key challenge for the state's construction industry.
"There has to be some transfer of the workforce from residential to commercial," said Michael Gifford, executive director of the Associated General Contractors of Colorado.

Here's a link to the whole article:
http://www.denverpost.com/business/ci_9031931

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