It’s worrying that we are losing construction jobs. But equally disturbing is the loss of capacity
The latest ONS labour market figures showing workforce jobs in construction pretty much mirror expectations with a drop of 53,000 from the 2012 Q1 to 2013 Q1. This is pretty much in line with the employment figures published last month which showed a fall of 41,000 over the same period. Interestingly the brunt of the more recent losses appears to have been taken by the self-employed, which had been significantly less impacted through most of the recessionary period since 2008….