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In America today, electricians are being paid better and hired faster than ever. Nate DiCamillo explains in Quartz, writing:
The number of electricians employed in the US is at an all-time high in April, and they’re being paid better than ever. But can America sustain the supply of skilled tradespeople needed for these roles?
This area of the job markethas been setting records setting records in employment since late 2021 and shot past the 1 million mark for the first time in more than 30 years in early 2022, according to the US Department of Labor. Now, the industry stands at 1.032 million employed in the US.
As a result, electricians are getting the best wages they’ve had in decades. In April, they saw a 7.4% year-over-year increase in their wages—the largest one-year change in their earnings since the Labor Department started recording this data in 2007.
How much money do electricians make?
Entry level electricians across the US regularly make $60,000 to $80,000, and some contracting companies are willing to pay off student debt to entice workers to come into the field, said Greg Sizemore, vice president of health, safety, environment, and workforce development at the Associated Builders and Contractors trade group.
As of April, government statistics show, the average American electrician earned $37.51 per hour, which comes out to $78,000 per year.
Why are electricians in such hot demand?
The need for electricians has partially been driven by a strong labor market that’s paying many different types of workers better. A recent boom in the housing market also has helped. But demand is also being boosted by federal funding for the clean energy transition.
Read more here.
