1.7 million skilled trade jobs will open annually through 2035, report says—experts don't know who will fill them
Jobs in the skilled trades are abundant as the industry struggles to keep up with job creation, an aging workforce, and high turnover rates.
TL;DR
- 1.7 million skilled trade jobs are expected to open each year through 2035.
- The industry anticipates over 600,000 net new jobs by 2035, driven by infrastructure demand.
- A large percentage of skilled trade workers (nearly a quarter) are 55 or older, while only 11% are under 25.
- Skilled trades face stigma, with only 33% of students feeling they would be respected in these careers.
- Despite stigma, many skilled trades offer high median wages, some exceeding $100,000 annually.
- Low conversion rates from educational programs and high turnover rates are significant challenges.
- Structural issues like weather delays for carpenters and varying licensing for plumbers contribute to turnover.