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Tag: redundant

Construction continues to shed workers at an alarming pace

Construction continues to shed workers at an alarming pace

A further 38,000 construction workers were made redundant in the three months to September according to the latest Government labour market figures. This raises the total of employees shed over the previous 12 months to 177,000. Meanwhile the figures also show that the chances of those being made redundant finding a new job within construction have dropped even further. Recorded vacancies fell to an average of just 8,000 over the three months to October. Also the redundancy figures apply to…

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Duff jobs figures pose a threat to construction industry

Duff jobs figures pose a threat to construction industry

The official employment figures released today show that the construction industry has lost just 40,000 jobs. That clearly is rubbish. Were the figures accurate and were the construction output figures accurate it would suggest that as the industry has plunged into recession overall labour productivity for the construction sector has fallen by about 16%. OK there may be a bit of a lag effect, but ultimately the output is in large part down to the people doing it, so I’d…

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More than 100,000 construction workers made redundant last year

More than 100,000 construction workers made redundant last year

The latest employment figures provide yet more grim reading for those in construction with the numbers made redundant in the final quarter of last year rocketing to 48,000. The official figures out today show that 109,000 construction employees were made redundant over the year. Some will have got new jobs, but the claimant count figures suggest that many have not. The redundancy figures also underplay the carnage in the construction jobs market as so many of those engaged in the…

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