U.S. builders and the subcontractors they depend on are struggling to hire fast enough to meet rising demand for new homes.
Builders would be starting work on more homes — and contributing more to the economy — if they could fill more job openings.
In the meantime, workers in the right locations with the right skills are commanding higher pay.
Consider Richard Vap, who owns a drywall installation company. The resurgent housing market has sent builders calling again. Vap would love to help — if he could hire enough qualified people.
“There is a shortage of manpower,” says Vap, owner of South Valley Drywall in Littleton, Colo. “We’re probably only hiring about 75 or 80 percent of what we actually need.”View Article