The construction industry in New Zealand is facing a shortage of skilled workers, which is impacting the industry's ability to meet the growing demand for new projects.
According to the Ministry of Business, Innovation and Employment, the construction industry in New Zealand employed over 178,000 people in 2021. However, many construction companies are struggling to find enough workers to fill their open positions, which is slowing the industry's growth and development.
One of the main reasons for the shortage of workers in the construction industry is the aging of the workforce. Many experienced workers are reaching retirement age, and there are not enough young workers entering the industry to replace them. This is leading to a skills gap and is making it difficult for construction companies to find the workers they need.
In addition to the aging workforce, the construction industry is also facing competition from other industries for workers. Many workers are attracted to industries that offer higher pay and better working conditions, which is making it difficult for construction companies to attract and retain top talent.
To address the shortage of workers in the construction industry, many companies are turning to immigration to fill their open positions. Many construction companies are hiring workers from other countries to fill their open positions, which is helping to alleviate the shortage of workers.
Overall, the construction industry in New Zealand is facing a shortage of skilled workers, which is impacting the industry's growth and development. To address this issue, construction companies are turning to immigration and other strategies to attract and retain top talent.