Employment in the building and Construction industry is on the steady incline. Employment reached almost 1,118,00 in 2018 and is estimated to reach over 1,300,000 in the next 4 years. The most common trade is Carpentry and Joiners combined equalling 9.5% of the total workforce.
We are seeing projections for employment in Carpenters to increase by 5% between 2018 and 2023. During the same period the projections for employment growth for other VET-related jobs such as Construction Managers and plumbing we are also expecting to increase by over 10%.
This increase in employment is readily available due to the Construction industry generating over $350 billion in revenue, which equals to 8% of Australia’s Gross Domestic Product.
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