November 16 2016 Geen categorie
The construction industry is facing a slowdown in growth in the aftermath of the EU referendum vote, according to the latest data from the Construction Industry Training Board (CITB).
The latest Construction Skills Network report (PDF, 265 KB) reveals that construction’s expected output over the next five years now averages 2% per annum – down from 2.5% in the forecast from January this year.
The remainder of 2016 and 2017 however, will see a period of limited growth and potentially a small contraction of -0.2%. The sector’s employment growth rate has also been revised down. The annual UK-wide recruitment requirement has fallen by a third, from 232,000 to 157,000. Over the next five years, the industry will now need 25,350 new workers every year in England, 3,540 in Wales, 1,810 in Scotland and 650 in Northern Ireland.
Source: CITB