Labor & Wages

Labor & Wages

How to Become a General Contractor in 2026: Licensing, Requirements, and What It Actually Takes

How to become a general contractor in 2026 — licensing requirements by state, experience needed, exams, bonding and insurance costs, and how long it takes to go from tradesperson to licensed GC.

Sarah Torres · 2026-04-13

Key Metrics

Construction jobs

8.21M

+15KMar 2026

Total nonfarm construction employment. Industry faces persistent skilled labor shortages.

Openings: 413K-2.8%Wage: $36.84/hr+4.1%

Avg hourly wage

$36.84

+4.1%Mar 2026

Average hourly earnings for production and nonsupervisory construction workers.

Job openings

413K

-2.8%Feb 2026

Unemployment

5.3%

+0.5%Mar 2026

Fatality rate

9.4/100K

-3.1%2024

Construction Employment (millions)