Report: Construction’s Average Age Rises While Retirement Plans Lag
It’s no secret there’s a labor shortage in construction, and a new report indicates that the average age of workers in the industry continues to rise. The average age of construction workers increased 1.2% from 41.6 to 42.1 from 2011 to 2023, according to CPWR’s recently released “Aging and Retirement Trends in the Construction Industry” report.