Are things turning around for the housing industry? According to the Washington Post, there are more construction jobs then there have been in, well, awhile. There have been 98,000 new construction jobs since September 2012, with 28,000 of those being created in January 2013 alone. This is a positive trend since homebuilding has been going up. Until now, though, it appears that jobs for those in the construction area had not been growing.
According to the article, it appears that demand for construction workers will keep going up: “…A single-family home can take up to six months to build, while an apartment building can take more than a year. Many of those projects will require more workers as construction progresses.
“And demand for new homes and apartments will keep rising, especially if supplies remain low. More Americans are moving out on their own after doubling up with friends or relatives during the recession.”
As the Washington Post points out, housing can be a leader in the economy, but with a glut of foreclosed houses and no one selling, the industry took a nosedive, and until now, it has done little more than tread water.
It’s good to hear some positive news for our industry after the last few years. Are you seeing the uptick in demand for construction jobs? Are you hiring or being hired? Do you think this surge will last? Let us know in the comments!