10/4/2017:
The construction industry continues to experience a labor shortage within all areas of the market; yet companies are optimistic about that changing in the future because of actions that they’re taking now. What are they doing to improve the pipeline of skilled construction workers entering the market? And what more can be done to improve the pipeline going forward?
Allocating Funds
One suggestion would be for the government to take a portion of the money they dedicate to four-year colleges and put those funds towards getting more people enrolled in trade schools. Everyone may not be cut out for college, but could excel at a skilled trade. So, the more effort and collaboration that’s made between government, businesses, and the education system the better. With more collaboration, we will see more success with students completing skilled trade programs in community colleges and trade schools.