In spite of recovering major ground after the Great Recession, the construction industry is still facing troubling skilled labor shortages, with a lack of qualified candidates stepping up to take over the positions once held by industry veterans nearing retirement age. The construction industry lost 2.3 million jobs between 2006-2011, and today there are a million fewer residential construction jobs than before 2006, according to Tradesmen International. The Bureau of Labor Statistics Job Openings and Labor Turnover Survey shows nearly 200,000 unfilled construction industry jobs nationwide. This gap between available positions and skilled workers ready to fill them puts added pressure on developers, contractors and owners. Even in the face of a worker shortage, construction is booming.

By 2034/35, almost 20% of Australians (6.2 million) are projected to be aged 65 or over. One sector already feeling the impact of the ageing population is construction. In Queensland, the number of construction workers aged 55 and over increased from 8% of full-time workers in 1992 to 14.2% in 2014. An ageing workforce is likely to increase the need for less physically demanding jobs or maybe technology might address this issue. Task automation and the industry's innovation culture are two of the greatest areas of uncertainty for the construction industry.