Construction Industry flooded with jobs
Construction Industry with more jobs
The industry dealing with construction, repair and renovation of buildings is regarded as construction Industry. It is mainly responsible for developing lands. It converts a barren piece of land into a structured building and deals with all possible details from beginning to end. There are many firms associated with such an industry.
“About 40% of the GDP is earned through constructing residential buildings and more than 10% comes from non-residential buildings.”
Engineering construction like building roads, highways, dams & irrigation projects contribute about 30% of the industry’s income. Repair work generates about one fifth of the GDP.
British Columbia’s construction company has shown phenomenal growth in the recent past. In 2008 apart from manufacturing the company became the largest employer in the goods sector.
The rate of employment was doubled between 2000 till now. British Columbia is the third largest employer in the province. They supposedly provide job to 10% population of the work force.
According to a report Canada will need about 300,000 new construction workers by 2020. With a supply of such a huge number of skilled workers,
Canada will be able to meet up its projects on time.
CSC Business Co-chair Tim Flood, President of John Flood and Sons Ltd say, “The industry enters the second decade of strong growth.”
He adds, “The first priority is recruitment, the second critical challenge is to train and retain the workers, to meet the current demands and also the long term needs.”
Speculation says that there will be a rise of 100,000 workers in the decade to come.
Reason for the opportunity
-There is a peak in resource project.
-More than 200,000 workers are expected to retire in the years to come.
-Industry promotion is the need of the hour in Canada.
Flood says, “Industry promotion is a high priority.” He believes that increased efforts will be required to attract people of all sectors mostly Aboriginal and Immigrants to meet up the demands.
CSC Labor Co-chair Robert Blakely, Director of Canadian Affairs for the Building and Construction Trades Department AFL-CIO says, “Tracking mobility of the non-residential trades across the regions and also from abroad will be another challenge.”
National Competition for skilled workers focuses on specialized labor markets. There is an increase in projects on mining, oil and gas, electricity generation and transmission.
Blakely says, “Most of these projects are in remote locations, but the magnitude of the work generates a significant demand in many provinces.”