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Aug 6th, 2022
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How to Work in construction in the Job Report 2020

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the world economic forum just released the future of jobs report 2020. welcome to the fourth industrial revolution the world economic forum has taken it upon itself from time to time to release the future of war of jobs reports that very last one was released in the year 2018 and they made a five-year projection that would span into 2023 and in the 2018 report it mentioned the fourth industrial revolution the age of technology and automation here we are two years after they are making an updated version of the future of jobs reports a little wonder the kovid 19 pandemic of year 2020 has fast-tracked the arrival of the future of work i mean it has fast-tracked the fourth industrial revolution it has fat struck the adoption of technology so today were going to be reviewing the key highlights from the future of jobs report 2020. ing to the world economic forum the future of jobs report provides timely insight needed to arrange labour markets and workers towards opportunity today and the

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Employment in the industry grew after 2012, docHubing 11.4 million in 2019. In 2020, as a result of the COVID-19 pandemic, employment dropped to 10.8 million. In 2020, women accounted for 1.2 million of those employed in the construction industry, or about 1 in 10, similar to recent years.
The construction, renovation, maintenance and demolition of buildings and civil engineering projects together accounted for more than 273 million (part-time and full time) jobs worldwide in 2014, constituting an estimated 8.6% of the total global employment.
Construction in the US - Market Size 20042029 YearValueFeb 1, 20193,020,764.5Feb 1, 20202,826,234.8Feb 1, 20212,897,040.4Feb 1, 20222,765,401.612 more rows Jan 26, 2023
National estimates for Construction Laborers: Employment (1)Employment RSE (3)Mean annual wage (2)968,7601.1 %$ 44,130
Approximately 4.8% of the U.S workforce works in construction. Thats about 7.5 million Americans employed by the construction industry, as of January 2022.
Construction is a major contributor to the U.S. economy. The industry has more than 753,000 employers with over 7.8 million employees and creates nearly $1.8 trillion worth of structures each year. Construction is one of the largest customers for manufacturing, mining and a variety of services.
WASHINGTON, Feb. 9The construction industry will need to attract an estimated 546,000 additional workers on top of the normal pace of hiring in 2023 to meet the demand for labor, ing to a proprietary model developed by Associated Builders and Contractors.
Approximately 7.8 million people are employed by the construction industry, as of January 2023 thats about 2.9% of the U.S. workforce.
Employment in real estate and construction sector in India FY 2017-2021. As of financial year 2021, employment within the real estate and construction sector in India dipped by 25 percent over a span of five years to roughly 54 million employees.

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