Chris Dornfeld

Jun 4, 2024 | bizjournals.com | Chris Dornfeld |Drew Carter

The construction industry will need to attract 500,000 additional workers on top of the normal pace of hiring in 2024 to meet the demand for labor, according to a proprietary model developed by Associated Builders and Contractors. The construction industry is a vital pillar of the United States economy, contributing significantly to the nation's GDP and employment. In 2023, the industry accounted for 4% of the total GDP, equating to $2.1 trillion.