A new report released by the Bureau of Labor Statistics indicates that job prospects for construction managers are currently plentiful and expected to only increase. The agency is predicting that in the next decade there will be nearly 35,000 job openings for construction managers, comprising an overall 8.5 percent increase from 2019. BLS also notes that the median annual wage for construction managers as of last year stood at nearly $95,300, far above the country’s annual median wage of just under $40,000. Additional reports show wage rates for construction managers as high as $124,000 a year. In an report titled “Occupations that have it all,” the BLS pegs job growth for construction managers above that of nurse practitioners, industrial engineers, and physical therapists, but significantly below software developers and medical and health services managers. Earlier this year the BLS also pegged the number of construction manager jobs nationally at 476,700, noting that those with a bachelor’s degree in civil engineering, construction management, and construction science, along with actual construction experience, “will have the best job prospects.” Current existing construction manager positions appear to run parallel with population patterns, with California having the most such jobs at just under 33,000, followed by Texas at 25,600, and Florida, with 22,100 jobs. By Garry Boulard
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