Residential Construction Offers New Job Opportunities During Economic Recovery
After the devastating job losses experienced across the country in March and April, construction hiring surged and job openings increased in May to 365,000. In a positive sign, home builders and remodelers added 83,200 jobs in June, after gaining 224,200 in May.
To help members promote their skilled trade opportunities, NAHB developed promotional materials and detailed information about six popular construction trades.
To further amplify the new job opportunities available in this evolving economy, the White House's American Workforce Policy Advisory Board yesterday launched an ad campaign focused on "finding something new" and acquiring the skills needed for a new career. The campaign's Find Something New website allows job seekers to find online learning opportunities, certificate programs, training programs and apprenticeships.
HBI is included as a partner in the "Vocational, technical and trades education" section of the site to help prospective employees learn about the training opportunities available to enter the construction trades.
"I commend the White House's American Workforce Policy Advisory Board for the announcement with the Ad Council. We have an incredible partnership with The Home Depot Foundation in providing skills training in the trades for promising careers in the construction industry," said HBI President and CEO Ed Brady. "The construction industry provides a pathway for those new or displaced workers to a well-paying career. Those who gain a skill also have a great opportunity to become business owners and employers. We welcome all those who are interested in 'finding something new.'"
The White House American Workforce Policy Advisory Board is part of an executive order that President Trump signed in 2018 to develop a national strategy for training and retraining workers for high-demand industries. As part of this effort, NAHB and HBI pledged to train 50,000 workers over the next five years.
As the industry continues to work during this unprecedented time, the health and safety of construction workers is always top priority. NAHB's detailed plan for jobsite safety during the pandemic provides protective guidance and measures that all employers and workers should follow on the jobsite.
For more information about NAHB's workforce development initiatives visit nahb.org or contact Greg Zick.
Latest from NAHBNow
May 06, 2026
Mortgage Rates, Inflation and Yields All Rise in AprilMortgage rates continued to increase in April as ceasefire negotiations remain inconclusive. According to Freddie Mac, the 30-year fixed-rate mortgage averaged 6.34% in April, 16 basis points (bps) higher than March.
May 05, 2026
Philadelphia BIA Member Shifts How Local Community Views the TradesFor Jordan Parisse-Ferrarini, a member of the Building Industry Association of Philadelphia, a career that began with his family’s small business and tools from a pawn shop has flourished into multiple companies, numerous advisory roles and a passion for developing the next generation of skilled trades professionals.
Latest Economic News
May 04, 2026
Mortgage Rates Climb as Inflation Rebounds and Yields RiseMortgage rates continued to increase in April as ceasefire negotiations remain inconclusive. According to Freddie Mac, the 30-year fixed-rate mortgage averaged 6.34% in April, 16 basis points (bps) higher than March. The average 15-year rate also increased by 13 bps to 5.69%. Despite the recent increase, both rates remain lower than a year ago by 39 bps and 21 bps, respectively.
May 01, 2026
Student Housing Construction Investment Holds Steady in the First Quarter of 2026Private fixed investment in student dormitories edged up 0.1% in the first quarter of 2026, holding at a seasonally adjusted annual rate (SAAR) of $3.9 billion. This modest gain marked a third consecutive quarterly increase, despite continued pressures from elevated interest rates. However, on a year-over-year basis, investments in dorms remained almost unchanged.
Apr 30, 2026
Housing’s Share of GDP Dips Below 16% for First Time Since 2019Housing’s share of the economy was 15.9% in the first quarter of 2026, according to the latest estimates of GDP produced by the Bureau of Economic Analysis. This share is down from 16.0% in the fourth quarter and is lower than 16.5% registered just one year ago.