A labor shortage in the residential building industry has resulted in wages in the sector growing at a rate that is double that of the overall economy. Denver's housing market has been significantly impacted as the demand for housing continues to rise and the supply of housing falls and contractors struggle to find workers. The labor shortage is partially due to workers flocking to the energy sector during the housing crisis, as well as a generational shift that resulted in more Americans going to college. Immigrants and undocumented workers began to fill this void, but President Trump's harsh stance on immigration and vow to build a wall could shrink the labor pool even further.
See "Homebuilders struggle to fill jobs 'Americans don't want'", Diana Olick, CNBC, March 29, 2017