Data: Bureau of Labor Statistics via BlackRock; Note: National average includes all wage and salary workers; self-employed workers; and workers in agriculture and private households; Chart: Axios Visuals
The world is on the cusp of a generation-defining construction boom, but the U.S. may not have enough workers to make it happen, BlackRock warns in a new paper first seen by Axios.
Why it matters: This is the new fault line of the global economy — soaring demand for some workers and shrinking appetite for others. It could result in widening financial gaps in the coming years.
