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In The News

Global Healthcare Index

From Social Security Resource Center

A look at healthcare systems around the world and in the United States

When thinking about moving to another place, healthcare is one of the most important things on your mind. Access to healthcare and quality of service varies around the world, and even within the United States.

While Medicare provides senior citizens with access to healthcare, a lack of providers can lead to long waiting times for appointments in different states, and healthcare spending can impact standards.

We wanted to find out the best countries in the world and states in the United States for healthcare, so looked at healthcare spending and healthcare providers among other factors.

The Best Countries for Healthcare

1. France – Healthcare score: 8.26/10

France’s universal healthcare system is often referred to as one of the best in the world. With the highest overall spending on healthcare out of all EU member states, it’s no surprise that France ranks in first place on our list.

France has 44.73 hospitals per million residents, higher than any other country we looked at, aside from Australia, Japan, and South Korea. France also has 6.5 physicians per 10,000 of the population, beaten only by Italy.

France’s Logistics Performance Index healthcare score is 20, indicating good access to healthcare and low mortality rates, and healthcare spending per capita amounts to around $5,564.

2. Switzerland – Healthcare score: 7.73/10

Switzerland’s healthcare system is world-famous, commonly regarded as one of the highest quality healthcare systems in the world, renowned for its extensive network of practitioners and clean hospitals.

Switzerland ranks in second place in our study, with a healthcare spending of $7,138 per capita, beating every other country we looked at except the United States.

Switzerland has more hospitals per million residents than most countries on our list, at 32.77, and a better Logistics Performance Index health score than most countries we looked at, taking into account illness rates and access to healthcare.

3. Germany – Healthcare score: 7.65/10

In third place, Germany has one of the best healthcare systems we looked at.

With spending of $6,731 per capita on healthcare, it’s no wonder Germany has such a good reputation for its quality of healthcare.

Germany has 36.42 hospitals per million inhabitants and 4.3 physicians per 10,000 inhabitants. Germany has a Logistics Performance Index healthcare score of 16, higher than most countries on our list.

The Worst Countries for Healthcare

1. Turkey – Healthcare score: 1.14/10

Turkey is the worst country for healthcare out of all countries on our list, scoring 1.14 out of 10 across all factors.

Turkey’s healthcare spending is $1,267 per capita, lower annual spending than every other country we looked at except for Mexico. There are just 1.8 physicians per 10,000 Turkish inhabitants, the lowest out of all countries on our list, and 18.62 hospitals per million inhabitants.

Turkey’s Logistics Performance Index healthcare score is 58.

2. Hungary – Healthcare score: 1.9/10

Hungary’s healthcare system is one of the lowest scoring on our list, over all the factors we looked at.

Hungary spends around $2,170 on healthcare per capita each year and has a Logistics Performance Index health score of 51.

There are just 16.68 hospitals per million inhabitants in Hungary and 3.4 physicians for every 10,000 residents.

3. Latvia – Healthcare score: 2.5/10

Latvia is one of the lowest-scoring countries on our list, scoring 2.5 out of 10 for the factors we considered.

Latvia’s yearly spending on healthcare per capita is $2,039 and its Logistics Performance Index health score is one of the lowest on our list, at 72. Latvia has 31.87 hospitals per million inhabitants, and 3.3 physicians per 10,000 of the population.

Healthcare Rankings

General Assembly Mulls Proposal to Create Grant-In-Aid Committee

From Town Square Live

A bill released from the House Administration Committee Wednesday would create a committee to review grants for nonprofit organizations and make recommendations to the Joint Finance Committee.

Grant-In-Aid is an annual appropriation made by the General Assembly to support the activities of non-profit organizations in the state. The funds are intended to provide supplemental resources to service agencies.

Applications for Grant-In-Aid funding are currently reviewed and approved by the Joint Finance Committee, which is also responsible for drafting the state’s operating budget.

The General Assembly also passes a Bond Bill each year. That bill allocates funds for community groups and local organizations to perform capital improvements. Bond Bill funding applications are reviewed and approved by the Capital Improvement (Bond) Committee.

House Substitute 1 for House Bill 93, sponsored by Rep. Ruth Briggs King, R-Georgetown, would create a new committee that mirrors the work of the Bond Committee except it would be responsible for drafting the Grant-In-Aid bill.

“Each year we invest millions of dollars of taxpayer dollars into not-for-profit applicants,” said Rep. Mike Smith, R-Pike Creek, one of the bill’s co-sponsors. “Each year those requests increase and put more and more strain on the Joint Finance Committee to give appropriate review.”

Smith said the result is allocations have become “more subjective than objective.”

This year, the Joint Finance Committee received 380 applications totaling $34 million in Grant-In-Aid requests. Twenty-nine of those organizations are first-time applicants, which require additional review from the committee.

“I just think we can be better stewards of the tax dollars and the services that our state provides,” Smith said. “I think by creating a Grant-In-Aid committee, we’d provide more transparency to our tax dollars and allow things to be more efficient and effective.”

House Majority Leader Rep. Valerie Longhurst said the bill is “actually a good bill – it’s a good government bill.”

“There are so many applications and people don’t have the opportunity to dive into and really understand them and I think that this is a better way of handing out our dollars in our state government,” she said.

Longhurst recalled the House passing a nearly identical bill years ago which passed unanimously in the House but never received a hearing in the Senate.

“It didn’t go anywhere in the Senate for a lot of different reasons,” said House Speaker Pete Schwartzkopf, D-Rehoboth. “There are some people that don’t want to give up their duties.”

Schwartzkopf said he was on the Joint Finance Committee for four years and the Grant-In-Aid bill was always “an afterthought” once the budget was completed.

If made law, members of the committee would receive additional compensation equal to that which members of the Joint Legislative Oversight and Sunset Committee receive.

State representatives and senators in Delaware receive a base annual salary of $45,291. If passed, members of the proposed Grant-In-Aid Committee would earn an additional $3,852 annually. The chairperson and vice-chairperson would receive an additional $4,578 annually.

The committee would be composed of three senators appointed by the president pro tempore and three members of the House appointed by the speaker. At least one senator and one representative would have to belong to the minority party.

Average Closing Costs By State

From Realtor Magazine

As home prices and mortgage rates are increasing, so are closing costs. The average payment for mortgage closing costs for a single-family property was $6,905 in 2021 (including transfer taxes), a 13.4% annual increase, according to CoreLogic’s ClosingCorp, a real estate closing cost data and technology resource.

The average price of a home in the U.S. rose by more than $50,000 last year, while the average purchase closing cost climbed by $818, including taxes, and by $390 when excluding taxes, according to the report.

“As the mortgage industry comes off two years of record-low interest rates and red-hot consumer demand, lenders are now pivoting to address increasing headwinds from higher loan origination costs and lower origination volumes,” says Bob Jennings, an executive with CoreLogic Underwriting Solutions. “The Mortgage Bankers Association recently reported lender origination costs show a 13.2% year-over-year increase, which corresponds closely to the 13.4% increase we were seeing on purchase mortgage closing costs. As the market tightens in 2022, it will be interesting to see how lenders and borrowers respond and how these key metrics move.”

The states with the highest average closing costs in 2021 (including transfer taxes) were Washington, D.C. ($29,888), Delaware ($17,859), New York ($16,849), Maryland ($14,721), and Washington ($13,927), according to the report.

On the other hand, the states with the lowest closing costs (including transfer taxes) were Missouri ($2,061), Indiana ($2,200), North Dakota ($2,501), Wyoming ($2,589), and Mississippi ($2,756).

Realtor Closing Costs 2

Creating Inspector General’s Office in Delaware becomes bipartisan effort

From: Bay to Bay News

DOVER — A push to create a watchdog Inspector General’s Office took a significant step forward as Democratic and Republican lawmakers continued to unite Wednesday.

State Rep. Mike Smith, a Newark Republican, signed on to be co-prime sponsor with Rep. John Kowalko, a Newark Democrat, on House Bill 405, ending his own bid to do the same through proposed legislation. Multiple members of both parties support the bill and Rep. Kowalko said he’s heard no opposition to it.

“I think (Rep. Smith’s) addition sends a signal that both parties are interested in one thing and that is honest, transparent government, which in turn, will promote good government, right,” he said Wednesday.

“That’s what the public wants. It’s what the public deserves.”

In a statement, Rep. Smith said that “Good government and transparency are at the heart of the public’s interest.

“Those are not partisan ideals so I’m glad to be joining efforts with Rep. Kowalko and thank him for his partnership to support a more efficient, effective, open and transparent government and to make our state government more accountable to every constituent up and down the state.”

The proposed legislation, which awaits discussion in the House Administration Committee, would:

• Investigate the management and operation of state agencies to determine if there has been waste, fraud, abuse, mismanagement, corruption, or other conduct that is harmful to the public interest.

• Coordinate with other agencies, recommend corrective actions and statutory revisions, and, if necessary, make referrals to law enforcement.

• Provide reports to the governor, attorney general and General Assembly, and these reports will be available to the public on the OIG website.

Rep. Kowalko gave credit to Delaware Coalition for Open Government’s Nick Wasileski for, among other contributions, gathering information from other states and their Inspector General’s Offices.

Mr. Wasileski credited coalition members for their work as well, noting “We’ve been raising awareness for the need of an inspector general for more than three years.”

According to Mr. Wasileski, DelCOG felt “it would be very important to include mismanagement and neglect of office because a lot of times things that occur in the state may not rise to the level of a crime, but they do harm Delawareans.”

Utah tops economic competitiveness report again

From: The Center Square

Utah tops the American Legislative Exchange Council’s (ALEC) list of the country’s most competitive states for the 15th year in a row.

 The annual report bases its rankings on 15 factors including the state’s tax burden, legal system, minimum wage, size of government and public debt.

“Utah has a strong track record of pro-taxpayer reforms in recent years, including the adoption of a flat personal income tax rate, pension reform for its previously endangered system, and the state’s innovative approach to property tax reform,” the authors wrote.

The state ranked second for economic performance.

The review showed over 97,000 people have moved to Utah between 2011 and 2020. The most significant uptick in migration took place between 2016 and 2020.

“Americans continue to vote with their feet toward states that have lower tax burdens and value economic competitiveness,” said Jonathan Williams, ALEC chief economist and one of the authors of the review.

Utah’s top marginal personal and corporate income tax rate, which represented any local taxes and impact of federal deductibility, was 4.9%. Its personal income tax progressivity, which is the change in tax liability per $1,000 of income, was $0.32 and ranked 12th.

Utah lawmakers enacted several pro-taxpayer reforms in the past few years including a flat rate income tax.

“If you believe incentives matter, and I do, state policies have the effect of changing those incentives at both the state and local levels,” said Dr. Arthur Laffer, a co-author of the report. “Those changes in incentives have consequences.”

The state’s property tax burden per $1,000 of personal income was $24.31, which was 14th overall. The sales tax burden, also per $1,000 of personal income, was $25.18, and the remaining tax burden was $16.10 per $1,000 of income, according to the report.

Utah does not levy an estate or inheritance tax.

The state’s tax expenditure limit, which measures the influence of tax and expenditure limits on state tax revenue and spending, ranked 15th.

Overall, the review showed the most significant ways states succeed in attracting new residents are cutting taxes, paying down debt and maintaining free market policies, according to the report.

“This study has had a big impact on what state officials, governors and legislators are doing,” said Stephen Moore, one of three authors of the report. “This is a magic moment for tax reform at the state level. I think even in some of these blue states that have been traditionally very liberal, they’re looking at reforms that could really make their states more prosperous. I think the direction is good, and I think a lot of that direction is a result of the Rich State, Poor State rankings.

Other states that made the top five were North Carolina, Arizona, Oklahoma, and Idaho. At the bottom were Minnesota, Vermont, California, New Jersey, and New York.

Drug Use by State: 2022’s Problem Areas

From: Wallet Hub

Drug abuse has a long and storied history in the United States, and we’ve been “at war” with it since 1971 under the Nixon administration. Yet despite the country’s best efforts to fight it, the problem is getting worse, and is exacerbated by the COVID-19 pandemic. There were over 100,000 drug overdose deaths in the 12-month period ending in April 2021, up 28.5% from the previous year. It’s crucial for the government to address this issue and prevent it from getting any worse.

Given the uncertain future and lack of significant progress to date, it’s fair to wonder where drug abuse is most pronounced and which areas are most at risk. This report attempts to answer those questions by comparing the 50 states and the District of Columbia across 21 key metrics, ranging from arrest and overdose rates to opioid prescriptions and employee drug testing laws.

Highest Drug Use by State

Overall Rank State Total Score Drug Use & Addiction Law Enforcement Drug Health Issues & Rehab
1 West Virginia 58.42 4 3 23
2 District of Columbia 57.24 1 29 7
3 Arkansas 54.02 14 4 9
4 Missouri 53.36 29 1 12
5 New Mexico 52.67 8 7 25
6 Nevada 52.41 9 37 1
7 Colorado 52.40 17 6 8
8 Michigan 52.09 13 19 4
9 Oregon 49.66 7 43 2
10 Tennessee 48.91 3 25 32
11 Louisiana 48.37 12 21 14
12 Kentucky 46.82 5 8 50
13 Rhode Island 46.79 11 47 5
14 Indiana 46.63 10 14 44
15 Massachusetts 46.35 18 20 15
16 Montana 46.27 16 23 11
17 Vermont 45.67 2 49 36
18 Arizona 45.52 21 28 6
19 Maine 45.40 6 46 21
20 Oklahoma 44.10 31 32 3
21 Wyoming 43.91 40 2 30
22 Illinois 43.75 24 18 31
23 Washington 42.09 15 44 20
24 New Hampshire 41.56 34 15 37
25 Kansas 41.25 36 24 10
26 Alaska 40.78 20 48 16
27 Mississippi 40.23 32 26 22
28 New York 40.14 37 16 40
29 California 39.65 22 30 38
30 Pennsylvania 39.31 35 9 48
31 Maryland 38.95 25 38 33
32 North Carolina 38.56 27 27 39
33 Florida 38.52 33 42 13
34 Delaware 37.93 30 41 27
35 New Jersey 37.52 41 12 34
36 Connecticut 37.45 23 35 42
37 Texas 36.95 46 13 18
38 Ohio 36.43 19 40 47
39 South Carolina 36.24 26 50 35
40 Wisconsin 35.34 42 10 46
41 Alabama 34.42 28 51 19
42 Georgia 34.18 38 36 26
43 South Dakota 33.87 49 11 28
44 Virginia 33.77 44 17 43
45 Nebraska 33.58 48 22 17
46 North Dakota 33.19 51 5 45
47 Iowa 32.81 43 33 24
48 Idaho 30.30 47 31 29
49 Utah 28.57 45 34 41
50 Hawaii 25.20 39 45 51
51 Minnesota 22.93 50 39 49


Some missing workers are really lost

From: Richmond County Daily Journal

North Carolina’s labor markets are healing — slowly. As of March, our state’s headline unemployment rate was 3.5%, comparable to where it was before the onset of the COVID-19 pandemic in early 2020. More importantly, while our labor-force participation is still significantly below the pre-COVID rate 59.2%, it is improving. It was 57.7% in March, up from 56.2% a year ago.

That’s important because the headline unemployment rate, technically known as the U-3 rate, only counts as unemployed those working-age individuals who are jobless but actively looking for work. Unfortunately, there are many thousands of working-age North Carolinians without jobs who aren’t counted in the U-3 rate.

Given the labor shortages currently afflicting industries as divergent as retail, construction, dining, and business services, why do so many potential employees remain on the sidelines?

I’ve written about this issue many times in the past. Businesses are desperately seeking help. That employer demand has, in turn, pushed up wages (although price inflation has eaten away some of the apparent gain). And the expanded unemployment-insurance benefits and other subsidies that discouraged some workers from taking new jobs or returning to old ones have expired. Given these and other pro-employment factors, then, why do we have so many missing workers?

A new National Bureau of Economic Research working paper suggests that I and other analysts should have phrased the question a bit differently. Some of these prospective workers aren’t missing. They’re lost.

That is to say, these folks aren’t simply missing from our statistical models. They are physically and psychologically lost, suffering from addictions so debilitating that they lack either the will or the capability to fill vacant jobs.

The prevalence of opioids, while significant, is only part of the story. Comprehensive data on post-pandemic drug and alcohol abuse are not yet available, but the three economists who authored the new paper — Jeremy Greenwood from the University of Pennsylvania, Nezih Guner from the Universitat Autonoma de Barcelona, and Karen Kopecky from the Atlanta Fed — observed that deaths attributed to substance abuse spiked far above preexisting trend lines during the pandemic. Based on these “excessive death” statistics, they were able to extrapolate likely increases in the broader universe of addicts and substance abusers.

Take opioids. From April 2020 to June 2021, some 69,000 Americans died from overdoses or other causes related to opioid abuse. That’s nearly 15,000 more than we might have expected given prior trends. Using ratios developed from other studies, the authors estimated that there were about two million more Americans abusing opioids during this period than would have done so in the absence of the COVID pandemic and the economic dislocations and social isolation that followed. The researchers estimated an even larger increase in alcohol abusers. For all drugs combined, Americans with substance-abuse disorders may well have jumped by more than five million, an increase of 23%.

That’s gigantic. And it couldn’t have happened without wreaking havoc on, among other things, our labor markets. The study’s authors concluded that higher rates of substance abuse among the working-age population can account as much as a quarter of the drop in labor-force participation.

Alas, remedying the problem is far easier said than done. I don’t think further criminalizing it is the right approach. After all, most of the addicts in question are abusing a perfectly legal drug, alcohol, or misusing legal but controlled substances such as opioids. I doubt seriously that passing sweeping new prohibitions or access controls will make enough of a difference to justify the cost in tax dollars, law-enforcement resources, and freedoms. As for drug treatment, program effectiveness varies wildly. My reading of the evidence suggests that truly local programs, often rooted in shared religious faith or community values, produce the best results. They can also be hard to scale.

Still, while substance abusers may be, in a sense, “lost,” that doesn’t mean they can’t be found. All of us, individually and collectively, must be willing to join the search party.

Hawaii ranks near bottom of report on COVID-19 policy effects

From: The Center Square 

The Center Square) – Hawaii ranked near the bottom in an analysis from the National Bureau of Economic Research, which measured COVID-19-related outcomes in the states.

The report measured states’ pandemic policies based on health outcomes, economic performance and impact on education.

Hawaii is unusual because it is an island state, the report’s authors said.

“It ranks last on the economic index and sixth from last on schooling,” the authors wrote in the report. “As of March 2022, it ranks first on health. Understood in the context of island nations such as Australia and New Zealand, the experience of Hawaii suggests that island locations can, by sustaining significant economic losses, reduce mortality for a year or more.”

Hawaii also ranked low for its economy because it relies heavily on tourism, according to the report. The state implemented a Safe Travels Program that required visitors to show proof of vaccination, or a negative COVID-19 test from within three days of arrival. Hawaii was the last state to end its indoor mask mandate.

The authors also cited a report from The Rand Corporation that showed lockdowns did not reduce mortality.

“The correlation between health and economy scores is essentially zero, which suggests that states that withdrew the most from economic activity did not significantly improve health by doing so,” the authors wrote.

Other factors could have played a bigger part in COVID-19-related deaths, according to the report.

“Pandemic mortality was greater in states where obesity, diabetes, and old age were more prevalent before the pandemic. Economic activity was less in states that had been intensive in, especially, accommodations and food,” the authors wrote. “Still, much residual variation in both mortality and economic activity remains even after controlling for these factors because the 50 states and D.C. (District of Columbia) took very different approaches to confronting the COVID-19 pandemic.”

Unemployment Insurance Weekly Claims

By Delaware Department of Labor

In the week ending April 30, the advance figure for seasonally adjusted initial claims was 200,000, an increase of 19,000 from the previous week’s revised level. The previous week’s level was revised up by 1,000 from 180,000 to 181,000. The 4-week moving average was 188,000, an increase of 8,000 from the previous week’s revised average. The previous week’s average was revised up by 250 from 179,750 to 180,000.

The advance seasonally adjusted insured unemployment rate was 1.0 percent for the week ending April 23, unchanged from the previous week’s unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending April 23 was 1,384,000, a decrease of 19,000 from the previous week’s revised level. This is the lowest level for insured unemployment since January 17, 1970 when it was 1,371,000. The previous week’s level was revised down by 5,000 from 1,408,000 to 1,403,000.

The 4-week moving average was 1,417,000, a decrease of 36,250 from the previous week’s revised average. This is the lowest level for this average since February 21, 1970 when it was 1,409,750. The previous week’s average was revised down by 1,750 from 1,455,000 to 1,453,250. 2 UNADJUSTED DATA The advance number of actual initial claims under state programs, unadjusted, totaled 196,962 in the week ending April 30, a decrease of 7,164 (or -3.5 percent) from the previous week. The seasonal factors had expected a decrease of 25,765 (or -12.6 percent) from the previous week. There were 510,161 initial claims in the comparable week in 2021.

The advance unadjusted insured unemployment rate was 1.0 percent during the week ending April 23, unchanged from the prior week. The advance unadjusted level of insured unemployment in state programs totaled 1,403,685, a decrease of 38,872 (or -2.7 percent) from the preceding week. The seasonal factors had expected a decrease of 19,646 (or -1.4 percent) from the previous week. A year earlier the rate was 2.7 percent and the volume was 3,763,243.

The total number of continued weeks claimed for benefits in all programs for the week ending April 16 was 1,478,348, a decrease of 35,165 from the previous week. There were 16,151,803 weekly claims filed for benefits in all programs in the comparable week in 2021.

No states were triggered “on” to the Extended Benefits program during the week ending April 16.

Initial claims for UI benefits filed by former Federal civilian employees totaled 489 in the week ending April 23, a decrease of 14 from the prior week. There were 391 initial claims filed by newly discharged veterans, an increase of 23 from the preceding week.

There were 7,333 continued weeks claimed filed by former Federal civilian employees the week ending April 16, a decrease of 798 from the previous week. Newly discharged veterans claiming benefits totaled 4,306, a decrease of 22 from the prior week.

The highest insured unemployment rates in the week ending April 16 were in California (2.1), New Jersey (2.1), Alaska (1.9), Minnesota (1.6), New York (1.6), Illinois (1.5), Puerto Rico (1.5), Connecticut (1.4), Massachusetts (1.4), Michigan (1.4), and Rhode Island (1.4).

The largest increases in initial claims for the week ending April 23 were in New York (+4,760), Massachusetts (+3,491), Connecticut (+1,045), Georgia (+932), and New Jersey (+888), while the largest decreases were in California (-2,860), Ohio (-2,609), Michigan (-1,887), Washington (-475), and Minnesota (-453).

ABC predicts construction workforce shortage of 650,000 this year

By LBM Journal

The construction industry will need to attract nearly 650,000 additional workers on top of the normal pace of hiring in 2022 to meet the demand for labor, according to a model developed by Associated Builders and Contractors.

“ABC’s 2022 workforce shortage analysis sends a message loud and clear: The construction industry desperately needs qualified, skilled craft professionals to build America,” said Michael Bellaman, ABC president and CEO. “The Infrastructure Investment and Jobs Act passed in November and stimulus from COVID-19 relief will pump billions in new spending into our nation’s most critical infrastructure, and qualified craft professionals are essential to efficiently modernize roads, bridges, energy production and other projects across the country. More regulations and less worker freedom make it harder to fill these jobs.”

ABC’s proprietary model uses the historical relationship between inflation-adjusted construction spending growth, sourced from the U.S. Census Bureau’s Value of Construction Put in Place survey, and payroll construction employment, sourced from the U.S. Bureau of Labor Statistics, to convert anticipated increases in construction outlays into demand for construction labor at a rate of approximately 3,900 new jobs per billion dollars of additional construction spending. This increased demand is added to the current level of above-average job openings. Projected industry retirements, shifts to other industries and other forms of anticipated separation are also factored into the model.

Based on historical Census Bureau Job-to-Job Flow data, an estimated 1.2 million construction workers will leave their jobs to work in other industries in 2022. It is expected that this will be offset by an anticipated 1.3 million workers who will leave other industries to work in construction.

“The workforce shortage is the most acute challenge facing the construction industry despite sluggish spending growth,” said ABC Chief Economist Anirban Basu. “After accounting for inflation, construction spending has likely fallen over the past 12 months. As outlays from the infrastructure bill increase, construction spending will expand, exacerbating the chasm between supply and demand for labor.

“An added concern is the decline in the number of construction workers ages 25-54, which fell 8% over the past decade. Meanwhile, the share of older workers exiting the workforce soared,” said Basu. “According to the Centers for Disease Control and Prevention, the industry’s average age of retirement is 61, and more than 1 in 5 construction workers are currently older than 55.

“The scarcity of qualified skilled workers is an even more pressing issue,” said Basu. “Since 2011, the number of entry-level construction laborers has increased 72.8%, while the number of total construction workers is up just 24.7%. For reference, the number of electricians was up 23.9% over that span while the number of carpenters actually declined 7.5%. The number of construction managers has increased by just 2.1%. More than 40% of construction workforce growth over the past decade is comprised of low-skilled construction laborers, who represent just 19% of the workforce.

“The roughly 650,000 workers needed must quickly acquire specialized skills,” said Basu. “With many industries outside of construction also competing for increasingly scarce labor, the industry must take drastic steps to ensure future workforce demands are met.”

In 2023, the industry will need to bring in nearly 590,000 new workers on top of normal hiring to meet industry demand, and that’s presuming that construction spending growth slows next year.

“Now is the time to consider a career in construction,” said Bellaman. “The vocation offers competitive wages and many opportunities to both begin and advance in an industry that builds the places where we work, play, worship, learn and heal. ABC member contractors use flexible, competency-based and market-driven education methodologies to build a construction workforce that is safe, skilled and productive. This all-of-the-above approach to workforce development has produced a network of ABC chapters and affiliates across the country that offer more than 800 apprenticeship, craft, safety and management education programs—including more than 300 registered apprenticeship programs across 20 different occupations—to build the people who build America.”

Click here to view ABC’s methodology in creating the workforce shortage model.