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Labor Shortage Challenges a Growing Plumbing Industry The plumbing job outlook remains promising. The Bureau of Labor Statistics recently reported an average expected job growth of 14% over the next 10 years for plumbers and related occupations, compared with only 5% for other industries.
Some millionaires, however, trace their fortunes to their time working as plumbers, farmers, construction workers, bus drivers and janitors. Here's a look at the millionaires who built their fortunes on the foundation of the high-paying manual labor jobs that got them started.
Job Outlook Employment of plumbers, pipefitters, and steamfitters is projected to grow 2 percent from 2022 to 2032, about as fast as the average for all occupations. About 42,600 openings for plumbers, pipefitters, and steamfitters are projected each year, on average, over the decade.
Becoming a plumber is a great choice in the modern age. Working in this field is associated with high wages, job stability, and advancement opportunities.
It will take at least five years to complete an apprenticeship or get the requisite work experience to get approval from the board to take the Journeyman Plumber Examination. To become licensed as a master plumber, it will take another four years before you qualify to sit for that exam.
Plumbers In Demand. To say that plumbers are in demand is an understatement! ing to the National Association of Home Builders, there is a 55% shortage of plumbers available for work. At the same time, job growth is projected to climb to 14% over the next decade.
The Increasing Demand for Plumbers The Bureau of Labor Statistics predicts that employment for plumbers will increase at a rate of 2% from 2021 to 2031. This is a modest growth rate compared to other professions yet comprises about 48,600 new jobs each year over the next decade.