The skilled trade shortage continues to be a problem all over the world. As the previous generation retires, we are seeing the ripple effects across construction, manufacturing, and critical infrastructure.
But what about the broader economic impact of this shortage?
We commissioned the study “Blocked Pipes: The Economic Consequences of Skilled Worker Shortages,” to uncover the real cost of this gap in the United States.
The findings are clear: increases in the plumbing labor supply could save an estimated $1.27 billion annually in plumbing-related costs
Explore our new website for key economic insights, details on our programs and ways we are building the future of the trades: https://landing.lixil.com/blocked-pipes