04/17/2024 | News release | Distributed by Public on 04/17/2024 12:36
The Inflation Reduction Act (IRA) and Bipartisan Infrastructure Law (BIL) are shaping up to be huge boons for the U.S. economy and the buildings workforce in particular. The pair of laws, together with the CHIPS and Science Act, are projected to support nearly 3 million total new jobs per year, according to a 2023 study from the University of Massachusetts Amherst Political Economy Research Institute (PERI). The study projects the IRA and BIL will create more than 26,000 direct jobs per year in the buildings sector alone and many more across the supply chain.
For some occupations, the creation of more jobs also means labor shortages could be looming.
A second study by PERI anticipates the construction sector will have the highest concentration of labor shortages as the rollout of IRA and BIL continues. The report identifies a range of construction sector occupations likely to face the largest shortages, including carpenters, construction managers, supervisors of mechanics, installers and repairers.
Ramping up workforce development in the near term will be critical to meeting growing demand for green building professionals and construction workers for years to come.
In response to the growing need for trained labor, new workforce development funding from the IRA and BIL is beginning to roll out for energy efficiency and other buildings-related professions. New workforce development programs include the
With these different funding opportunities, we can expect to see more building industry workforce development programs rolling out over the coming months and years to meet the growing demand for green workers.
USGBC's green building careers page is a great place to learn more about different career options and pathways in the green building industry.