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March 26, 2024

Legal News

March 26, 2024

Wanted: More Plumbers

Bloomberg reports that a scarcity of plumbers in the United States poses a dual threat: not only does it risk postponing essential repairs like fixing leaky sinks, but it's also draining billions from the economy. In simple terms, there's a shortfall of new plumbers to replace those retiring from the field.

According to the US Bureau of Labor Statistics, over the next decade, an average of about 42,600 openings for plumbers, pipefitters, and steamfitters will emerge annually. A contributing factor to this scarcity is the perception that plumbing entails arduous work with prolonged hours. What is often overlooked is the earning power, especially for those that go into business for themselves. Rectifying this issue will necessitate a considerable amount of time.

At Outside Legal Counsel LLP, our attorneys have extensive experience in helping launch new businesses. Feel free to contact us for a consultation to discuss your specific needs.

This is not legal advice and is attorney advertising.

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