No joy in the latest construction jobs figures
The latest official labour market figures show a drop of 66,000 in the number of construction workforce jobs over the year to June. On the face of it, though, there appears to be a bit of promise with...
View ArticleJobs data point to falling construction employment
The latest jobs data from the Office for National Statistics support the widely held view that construction employment is falling. And, given that employment data tends to lag output data, we should...
View ArticleConstruction industry forecasters are of one mind: It’s worse than we thought
The consensus among UK’s top construction forecasters is that things are worse than we thought. A week ago we saw Experian and Leading Edge downgrade their forecasts for construction growth. This week...
View ArticleConstruction firms are shedding jobs as they head for a long dark winter,...
Today’s construction indicator released today by Markit/CIPS suggests construction firms performed slightly better in October than in September. The index, which is pegged against a no change mark of...
View ArticleUK construction bosses need to make Government face the facts: The industry...
Construction output fell 2.6% in the third quarter of this year. This fall was slightly more than had been expected when the nation’s first estimate of gross domestic product was released. For informed...
View ArticleWhy job shedding in the UK construction industry may be about to accelerate
UK construction industry employed about 57,000 fewer people in the third quarter of this year than a year earlier. That’s a drop of about 2.6%. The ONS data shows that since the peak in September 2007...
View ArticleNorth East aches while London sees growth in construction jobs
Here is a chart that pretty much speaks for itself. It shows the regional change in the level of construction workforce jobs across the UK from before the recession to the summer of this year....
View ArticleThe construction recession will be deeper – that’s the forecasters latest view
The latest industry forecasts for construction activity are, as expected, much gloomier than they were as recently ago as last autumn. Both Experian and the Construction Products Association have...
View ArticleOptimism rises that 2013 will see more homes sold – that should mean more...
Estate agents are increasingly optimistic that 2013 will see housing transactions rise. That’s encouraging for their books. But if they’re right it’s good news for construction, house builders in...
View ArticleThe figures point to more job losses for construction over the year ahead
The latest employment figures show construction losing a further 25,000 jobs in the final quarter of last year, following a slight increase in the workforce in the spring and summer. This leaves...
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