How Current Dealers Are Reducing the Electrician Shortage in the U.S.
Experienced electricians are retiring faster than the newcomers entering the field. According to the U.S. Bureau of Labor Statistics and the National Electrical Contractors Association, 7,000 new electricians join the industry every year while 10,000 leave, creating an additional shortage of 3,000 electricians. The demand for electricians in the U.S. will increase by 9%, while experts predict the EV charging market having a nearly 30% CAGR (Compound Annual Growth Rate) over the same time period.
So just how many licensed electricians are there in the US? According to Capterra, the number is 625,000. And despite COVID-19-related layoffs in early 2020, several sectors, including the electrical continue to struggle to recruit competent employees. LinkedIn alone has 24,000 electrician-related job listings available in the United States.
But what are the reasons behind the shortage, and what is Current Dealer doing to help? Here’s an overview of the significant causes that have led us to this situation.
Three leading causes of the electrician shortage:
- There aren’t enough young electricians joining the industry
- The ever-increasing demand for electricians
- Experienced electricians are retiring beforehand
There aren’t enough young electricians joining the industry
Electricians leaving the industry would not be an issue if new apprentices were replacing them. The truth is, there is ‘a stigma of choosing a trade school over college’, relates The Atlantic. One factor contributing to this shift is the fact that the younger generations were encouraged by many to pursue college as a way to obtain job security. This means they prefer to enroll in two-year or four-year college and university degree programs rather than attending a trade school or seeking an apprenticeship.
The ever-increasing demand for electricians
Electrical work is a booming business in the United States and increasing rapidly. According to the U.S. Bureau of Labor Statistics, electrician jobs are anticipated to rise 9% from 2019 to 2029. This is almost double the predicted 5% growth rate for other occupations such as HVAC technicians. The rise in demand is proportionate to the increase in power usage across the country. People are consuming more electricity than ever before, requiring more electricians to install and maintain these electrical systems. This is not taking into account the massive overhaul that needs to be done on the US electrical grid.
The Great Departure of Skilled Electrician
The foremost reason for the electrician shortage is the departure of skilled electricians from the industry. While many of these retirements are part of the usual work cycle, some are untimely departures. The COVID-19 pandemic has ‘accelerated retirement’ across the industry and prompted some electricians to retire earlier than expected, states BSE (Border States). It is too early to say how COVID-19 will affect the long-term prognosis for electrician jobs, but the short-term impact shows a significant decrease in more senior electricians.
How Current Dealers is helping reduce the shortage of electricians
The scarcity of electricians isn’t going away anytime soon. Here are some solutions Current Dealers is implementing to deal with this dilemma:
- Current Dealers is working with state organizations such as The Michigan Department of Labor and Economic Opportunity on the Lake Michigan Electric Vehicle Circuit initiative to provide electrical jobs.
- As an EV charging solutions company recruit trainee electricians through job listings and work with local electrical companies to provide employees.
- Our platform uses Ai software to provide 24 hours support to electricians and customers to make the process of getting EV chargers and other electrical work efficient and simple.
At Current Dealers our support of EV adoption is relentless. Meaning our help to provide qualified electricians is just as important to us. In the near future, Current Dealers will be taking further steps to make the barrier of entry for electricians and EV adoption even more simple.
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