May 21, 2024

Workers

Guardian, UK - According to a recent article in the Wall Street Journal, a growing number of gen-Zers are flocking to the construction trade. “Enrollment in vocational training programs is surging as overall enrollment in community colleges and four-year institutions has fallen,” writes Te-Ping Chen. “The number of students enrolled in vocational-focused community colleges rose 16 percent last year to its highest level since the National Student Clearinghouse began tracking such data in 2018. The ranks of students studying construction trades rose 23 percent during that time, while those in programs covering HVAC and vehicle maintenance and repair increased 7 percent.” Why the surge? There are some obvious reasons including the ridiculously high cost of tuition and a declining return on investment. By comparison, a two-year course at a trade school virtually guarantees a young plumber, electrician, welder or carpenter a job for life in an industry that is woefully understaffed and grappling with a housing shortage not seen in recent memory. Although physically demanding, most construction jobs start early and also end earlier in the day. The work is varied and challenging. The demand for these workers is high. And if there’s a desire to be entrepreneurial and start one’s own business, the construction industry is a trade with a low barrier to entry and a higher probability of building an asset of value with relatively little risk.

1 comment:

Greg Gerritt said...

With nearly no experience the only gig I could get/create in a rural area was as a carpenter, I create a business that chargedsuper low rates and catered to the elderly. Fed me for 14 years. Then it was time to do something else.