I know some people who grew up in very low income situations, in and out of jail, but took an HVAC or plumbing course and are now making $150-200K at age 25-30
Of course this is definitely not recession proof but I was super surprised to learn this
I know some people who grew up in very low income situations, in and out of jail, but took an HVAC or plumbing course and are now making $150-200K at age 25-30
Of course this is definitely not recession proof but I was super surprised to learn this
As far as later in life activity we just utilized a local older guy who does minor home renovations work to keep busy. $80/hr, could charge more, turns down work all day long.
According to this website, in Ontario, Canada, it seems becoming a licensed electrician requires five years of apprenticeship. Talk about a barrier!!
I think other trades are similar :(
Of course, reality sets in and people/business/government's incomes stop their crazy growth (or even go down), and they start cancelling projects. Slowly that six month waiting list goes to three, then one, then you're cold calling everyone you've quoted in the past year, offering discounts just to get your guys some work. Your guys got use to all that OT pay and they have $50k truck notes due next week. They are desperate.
A solid indicator of an imminent recession is cold-calls from tradesman you got quotes from six+ months ago.