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Fri October 23 2020

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Construction loses another 63,000 jobs

15 Jul 10 Construction saw another 63,000 jobs disappear during the first three months of the year, according to new figures from the ONS.

Construction saw another 63,000 jobs disappear during the first three months of the year, according to latest figures from the Office of National Statistics.

Over the past year, the UK's construction workforce has fallen by 234,000 – a 10% reduction – and now stands at 2,045,000.

It is the hardest hit of all the UK's business sectors.

However, there were fewer redundancies in construction during the first quarter of the year: 29,000 compared to 34,000 who were laid off in the last three months of 2009.

Redundancy figures for the full year were 143,000.

The discrepancy between the figures for job losses and redundancies is thought to be due to self-employed workers dropping out of the industry.

The size of the construction workforce is expected to shrink further as cuts in public spending start to bite.

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MPU

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