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Why Now Is the Perfect Time to Consider a Career in the Building Trades

May 22, 2024 | Announcements, Workforce Development, WorkforceNOW

In today’s job market, young people have a golden opportunity to embrace lucrative and rewarding careers in the building trades. These in-demand jobs offer high wages, flexibility, attractive benefits, and abundant opportunities for advancement and entrepreneurship, making them a very appealing choice.

The Rising Cost of Education and Student Debt

With the soaring cost of education and the enormous burden of student debt, young individuals and their parents are taking more time to consider all their options. While a traditional four-year college education remains a valuable path for some, it’s essential to explore alternative routes that lead to fulfilling and financially stable careers.

Job Satisfaction and Security

One of the most compelling reasons to consider a career in the building trades is the high level of job satisfaction reported by workers in these fields. According to a recent study:

  • 87% of skilled trade workers would choose the same career again.
  • 94% would encourage their children or family members to enter the skilled trades.

This high level of satisfaction is underpinned by several factors:

Job Security
Skilled trades offer stability. 95% of respondents feel secure in their jobs and don’t perceive artificial intelligence as a threat to their job security.

Earning Potential
95% are optimistic about their earning potential.

Career Growth
93% feel positively about career growth opportunities.

Financial Incentives

The skilled trades not only provide job satisfaction but also offer significant financial incentives. Choosing a trade career means opting for a secure and financially rewarding path. These jobs are essential for a functioning society:

Safe Homes and Spaces
Skilled tradespeople ensure our homes, businesses, and public spaces are safe, functional, and well-maintained.

Production of Goods
They drive the production of goods, contributing to economic growth.

Community Development
Trades promote community development by maintaining infrastructure and facilities.

The Crucial Role of Skilled Trades

In an evolving global economy increasingly dominated by technology, skilled trades remain crucial. A global report by the Manpower Group reveals that nearly 4 in 5 employers struggle to find the skilled talent they need. This demand is driven by factors such as:

Aging Workforce
Many experienced tradespeople are retiring, creating a gap.

Infrastructure Maintenance
Aging infrastructure requires maintenance, repair, and replacement.

Despite the push toward tech-centric professions, the demand for skilled trades remains robust, making these careers more essential than ever.

Labor Scarcity and the Aging Workforce

Consider these statistics:

  • The US skilled labor market faces record-high pressure, especially in manufacturing and construction operations.
  • Demographic trends contribute to this challenge: the aging US population and too few younger people entering the trades.
  • By 2032, annual hiring for critical skilled roles (such as welders, construction laborers, and electricians) is expected to be more than 20 times the projected annual increase in net new jobs.
  • This extraordinary rate of churn could cost companies over $5.3 billion annually in talent acquisition and training costs alone.
  • While vocational enrollment has rebounded slightly, there’s still room for improvement in promoting the trades as a viable career path.

Getting Started in the Skilled Trades

For those interested in exploring the skilled trades, here are clear steps to get started:

Research
Investigate different fields to find what interests you. Look into job duties, working conditions, training requirements, and potential pay.

Training
Obtain the necessary training through vocational schools, community colleges, or apprenticeships.

Hands-On Experience
Gain hands-on experience through internships or apprenticeships.

Certifications
Acquire the necessary certifications to meet industry standards.

A Future-Proof Career

With a lower barrier to entry and incredible demand for skilled workers, expertise in the building trades offers a future-proof career. The skilled trades present a promising and viable path for today’s youth. These jobs not only offer financial stability, flexibility and job satisfaction but also play a vital role in maintaining and advancing our society.

Connect with YBA’s Workforce NOW Foundation

If you’re considering a career change or starting out in the workforce, the building trades might be the perfect fit for you. Explore local opportunities for apprenticeships, on-the-job training, and more. If you’re located in the York County area, connect with the YBA Workforce NOW Foundation. Visit their website to find information about opportunities in the building trades, as well as resources for parents, students and educators.

Sources:

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​About the York Builders Association

YBA was chartered in 1964 as a non-profit association of builders and related trades, organized to promote home ownership for the citizens of York County and the improvement of the building industry. We are affiliated with the Pennsylvania Builders Association (PBA) and the National Association of Home Builders (NAHB).

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