Of the 9.2 million unfilled jobs in the economy, nearly 300,000 are in the construction sector, according to the Bureau of Labor Statistics.

This problem may get worse before it gets better.

"We expect labor to be a rising challenge for construction firms as the overall labor market heals in the coming quarters," NAHB Chief Economist Robert Dietz wrote in a recent blog post.

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Leslie Shaver

Les Shaver has been covering commercial and residential real estate for almost 20 years. His work has appeared in Multifamily Executive, Builder, units, Arlington Magazine in addition to GlobeSt.com and Real Estate Forum.