The Carpentry Job Market in the World Today

The carpentry job market in the world varies across regions and countries, simply due to the differential population growths. However, as you might already know, the population growth in the world keeps increasing. Thus, it requires building new houses and buildings that demand the carpentry job market. Besides, carpentry job demand includes projects of renovation and remodeling, repairing, and upgrading existing infrastructure. Therefore, many try to get into the field of carpentry, and so, it becomes a trending field day by day.

However, the growing popularity of modular and manufactured components and homes might cause for the limitations of the carpenter’s demand. Still, carpenters might find new ways to survive in their work environment. Nevertheless, the overall job projections for carpenters ought to be better over the coming years; hence the constructions will continue to grow. In brief, potential carpenters with excellent skills in Carpentry will have a better future.

Carpentry Job Market in the American Region

In the United States of America, the annual wage of carpentry jobs is about $48,330. Further, statistics indicate that by the year 2024, the carpentry job market set to grow by 6 percent in the United States. Also, the unemployment rate of the carpentry job market in the US is 6.9 percent. Nevertheless, they produce 60, 400 jobs to the job market every year. Hence, the job market for carpenters in the United States keeps growing.

The Carpentry Job Market in the United States

Indeed, there are approximately around 1,025,599 carpenters in the United States at present. Moreover, the carpenter job demand is predicted to thrive by 8.2% between the ten years of 2016 to 2026.

How employable are carpenters in the United States?

In brief, a well-known organization has graded carpenters with a B- employability mark, implying this job should deliver the right job vacancies for the foreseeable future. Around the following ten years, it is anticipated the US will require 89,401 carpenters. However, that amount is based on 83,801 extra carpenters and the retirement of 5,600 standing carpenters.

Are carpenters in need?

Of course, carpenters are in need and they form one of the most significant construction business occupations in the world. This fact will persist as population expansion spurs further new-home formation, the vastest portion hiring carpenters. Renovation and modernizing projects, as well as the necessity to renovate and promote prevailing infrastructure, are foreseen to add to this demand. Furthermore, the building of new motels, office and retail space, restaurants, factories, and power plants are forecasted to result in additional employment improvement in the field.

However, the use of modular and prefabricated elements may exert a negative consequence on this momentum. Financial variations and fixed administration budgets will proceed to impact the overall demand. Still, chances for instructed job seekers will win, both for general carpenters; and also, for those who prefer to specialize in sectors like restoration, building modifications, and internal design. Moreover, the cyclical and seasonal behavior of the industry will start again to enable carpenters to shift between laboring for a contractor and working as separated contractors on minor jobs. Nations with massive population upswings will likely require further carpenters to adapt to the construction needs generated by the movement of people and jobs.

What is the supply of carpenters in the United States of America?

The following table shows the number of carpenters being employed in each state of the United States of America.

Carpentry job market by the state in the US

If you wish to learn more about the carpentry job market in the United State, simply visit the U.S Bureau of Labor Statistics Website.

Carpentry Job Market in Canada

In brief, the annual average salary of a carpenter in Canada is $52,650. Further, it is one of the most stable jobs in the country. Besides, according to the data by the year, 2025 carpentry growth rate will be 0.5 percent and for the next decade, about 44,600 carpentry jobs will be opened for the market.

Carpentry Job Market in the Asia Pacific Region

Of course, for a better over, it is important to have a glance at the carpentry job market in several countries in the Asia Pacific region. So, why not? Let us get to know about it as well.

Job Market in Japan

Japan pays the highest salary for the Carpentry compared to the other jobs in the market. Further, in Japan, the annual salary for a carpenter is $15,502. When the education level is higher, the job rate also goes higher. Moreover, the statistics show that in 5 years’ time, the carpenter has a 7 percent salary increment.

Job Market in China

In brief, the annual average salary of China for Carpentry is about $27, 785. Also, the companies in China have the highest published employment and wages for carpenters in building exterior contractors, building finishing contractors, and construction companies. The unemployment rate in China will be 10 percent during the next few years.

Job Market in Australia

Indeed, in Australia, carpentry occupation is under the skilled occupation category list. Furthermore, the forecasts indicate that more carpentry job opportunities will occur in the coming few years. At the moment, there are about 125,000 carpenters working in Australia. Moreover, an experienced carpenter can earn about $75,000 per year in Australia. Experts predict that more than 50, 000 jobs will be opened for Carpentry.

Carpentry Job Market in the Europe Region

When considering the European Region, the best is to consider about the carpentry job market country wise. So, why not? Let us have a quick glance over the job market of these countries, one after another.

Job Market in England

In England, a fresh carpenter can earn up to $23,132 per year, and also more experienced carpenters can earn up to $51,404. However, if you are a self-employed carpenter, you can set your rates and earn more. Besides, marketing yourself for carpentry will depend on the type of Carpentry you are involved in. In brief, as an example, for a person who is working on a project basis, it is better to set an hourly rate. Further, for carpenters who make their pieces and sell, a item based pricing would be better. Hence the cost will depend on the labor time and materials.

Moreover, the salary growth rate in England is 4.8 percent for Carpentry. Also, the unemployment rate is about 2.07 percent in the United Kingdom. Nevertheless, in the future, by 2026, about 238,000 job opportunities will be opened for carpenters in England. Accordingly, the carpenter’s job growth rate there is 6.6 percent for the next five years.

Job Market in Germany

The annual carpenter’s salary in Germany is $16,894. The salary growth rate for the next five years will be 10 percent. Carpenter salaries in Germany vary considerably based on skills, experience, workplace, or gender. The experience level is an essential factor in deciding the salary of a carpenter. The higher experience, will higher the salary.

In Germany, a Carpenter who has about two years of experience earns $844 per month. If a carpenter has experience of five years, he can simply earn $1,126 per month. That is certainly about 34 percent higher than the salary of a carpenter who has two years of experience. This clearly shows that knowledge is the key to become successful in carpentry. Hence, if you have experience for more than five years, then your salary will be $1654 per month, which is 48 percent above the two years of experience. In other words, you can double your salary rate by 50 percent in Germany if you gain five years or more experience.

Job Market in France

The annual carpenter salary in France is $38, 410. This salary rate varies with the educational background. 65 percent of the carpenters have a high school degree in Carpentry. According to the five-year salary forecast in France, carpentry occupation has a 10 percent increment. The critical fact is that these salaries will vary with the locations and also the experience level in France. The average salary increment for Carpentry is 9 percent in every 16 months.

The Bottom Line

Considering all these factors, we can conclude that the job market for carpentry would stand high even in the years to come. This fact is further proven in carpentry world events as well. Thus, if carpentry is your passion, never give it up, You will certainly be an asset for this job market with no time.