The gap between demand and supply in home services may continue to grow over the next decade. Data from the BLS shows that job growth is expected to be slower than the national average (5.3%) in six of the eight home service jobs we considered.
The two exceptions are electricians and pest control workers. From 2021 to 2031, the BLS projects that the number of electricians and pest control workers will grow by 7.1% and 6.8%, respectively.
Of the home service jobs with slower expected growth, home inspectors ranks last. The BLS projects that there will be 4.4% fewer home inspectors in 2031 than in 2021. This is likely to have a huge impact on home sellers and buyers, both of whom need inspectors when selling or buying homes.
Methodology
To determine where labor shortages affect homeowners the most, Today's Homeowner compared 198 of the 200 largest metro areas with complete available data. Accounting for both the number of home service workers along with the number of businesses serving homeowner needs, the study compared metro areas across four key metrics:
The study calculated an average ranking using the four metrics, double-weighting home service workers per 1,000 homeowners and single-weighting all other metrics. The city where home service labor shortages are most prevalent scored 100, and vice versa.
This story was produced by Today's Homeowner and reviewed and distributed by Stacker Media.