Want a job? Construction’s going to add a quarter of a million of them.
New forecast claims 224,000 jobs will be added to the construction sector over the five years as the industry gets back on its feet.
Britain’s construction companies will need an extra 224,000 workers over the coming five years as growth returns to the industry across the whole country for the first time since the financial crisis.
The prediction comes in the Construction Industry Training Board’s (CITB) annual survey of the sector’s health, which also forecasts annual year-on-year growth of 2.9pc out to 2019.
With all regions in the UK set to see growth, the report puts paid to claims that the industry’s recovery is being driven solely by housing demand in London and the South East.
Major infrastructure projects and demand for leisure developments are also driving the recovery, CITB said.
At 44,690 per year, the number of new workers expected to be required is more than 8,000 higher than last year’s prediction – and raises the issue of intensifying the skills shortage in construction. The industry currently employs about 2.6m people.
Steve Radley, policy and strategic planning director at CITB, said: “Our forecast shows that construction is experiencing a major comeback – with a sustained period of growth set to make a positive impact on the wider economy.
“Employers will need to pull every lever available to them to meet the skills challenge they face but government can play a vital role in giving them the confidence to invest in training for the long-term.”
As well as calling on Government to help make apprenticeships in the industry more accessible to companies of all sizes, CITB also wants reassurance from MPs from all parties that planned infrastructure projects will go ahead.
Mr Radley added: “Industry needs a clear commitment from all political parties in the run-up to the General Election that infrastructure projects will be delivered on time and to plan in the next Parliament.”
According to the report, the strongest growth will come in private housing and commercial construction, both averaging 4.6pc until 2019.
Infrastructure will see growth of 2.4pc. The report notes that while this does not seen large, but points out that a number of major projects including Crossrail are due to complete during the period.
Public housing is also expected to grow at 2.4pc.