The U.S. residential construction industry employs 100's of thousands of people each year in various skilled trades that earn hourly pay rates ranging from minimum wage to $100 per hour, or more.
Per BLS statistics, the residential housing space employed over 1 million people at the height of the housing bubble and now accounts for nearly 750,000 jobs.
Of course, just like the auto industry, many of those jobs can be done at a fraction of the cost and with much greater precision by industrial robots. Moreover, those robots work inside a warehouse where they're immune from the negative consequences of weather and can work 365 days per year without compromising construction integrity.
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1 comment:
They don't call out for rockfish season, trout season, crabbing, oystering, dove season, duck season, deer season, goose season, football season, etc. No drug or alcohol issues either.
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