UK construction employed 2.16 million people in 2021 Q1, which is 14,817 (0.7%) higher than in Q4 but it is still 154,429 (6.7%) lower than in 2019 Q4, pre-Covid-19 & 270,782 (11.2%) lower than the recent peak in 2019 Q1... #ukconstruction#construction ons.gov.uk/employmentandl…
... & interestingly, male construction employment continued to fall in 2021 Q1 (by 10,717 vs Q4 & 180,237 vs 2019 Q4, pre-Covid-19) & this was offset by a rise in female employment in 2021 Q1 of 25,534 (9.0%) vs Q4 & 25,808 (9.1%) vs 2019 Q4... #ukconstruction#gender
... which, on the plus side means that UK construction employment in 2021 Q1 had its highest proportion of females on record (albeit still a low proportion compared with the population). However... #ukconstruction#construction#gender
... the decline in male construction employment despite a recovery in construction output is due to a lack of new entrants replacing those that have retired & a lack of skilled construction workers coming over from the EU replacing those that have left... #ukconstruction#gender
... & given that construction output is already higher than pre-Covid-19, skills shortages will constrain construction output growth in some key hotspots over the next 12-18 months... #ukconstruction#construction
... although it is worth noting that UK construction still had 196,500 workers on partial or full furlough at the end of March 2021 so there remains scope for construction output in some areas to rise near-term. #ukconstruction#construction
Long thread on construction skills... The Chancellor’s Spring Statement is on Wednesday, so unsurprisingly government is focusing on public relations, especially as economic growth this year will only be half what was expected back in Autumn. (1/n)
#ukhousing #ukconstruction
So, this weekend, the Chancellor announced “£600 million worth of investment to train up to 60,000 more skilled construction workers. This will help build 1.5 million homes to transform communities by the end of this Parliament”. (2/n)
#ukhousing #ukconstruction
This is fine for public relations and grabbing news headlines. But, in the real world, government has positive intent & lots of announcements but it struggles with delivery & even just understanding the construction industry, which... (3/n)
#ukhousing #ukconstruction
The UK construction workforce yet fell again in 2024 Q2 according to the Office for National Statistics (ONS). In 2024 Q2, there were 2.04 million workers in UK construction, 5.1% lower than a year ago & it was at its lowest level since 2000 Q1. (1/n)
#ukconstruction #ukhousing
The number of workers in UK construction in 2024 Q2 was 385,286 (15.9%) lower than at the recent peak in 2019 Q1 & 523,572 workers (21.0%) lower than at the longer-term peak in 2008 Q3, which was just before the impacts of the financial crisis. (2/n)
#ukconstruction #ukhousing
Unsurprisingly, the main reason for the sharp decline in the UK construction workforce is the more than 20% fall in the two largest construction sectors; house building & housing repair, maintenance & improvement (rm&i) but... (3/n)
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A thread on the latest UK construction employment data for 2024 Q1 as the industry continues to lose key skilled workers who will be critical for economic growth, productivity, building more homes, better infrastructure & net zero transition. (1/n)
#ukconstruction #construction
There were 2.08 million people employed in UK construction in 2024 Q1, which is 1.9% lower than in Q4 & a year ago plus 14.3% lower (347,000 fewer workers) than at the recent peak in 2019 Q1. This sharp fall in construction workers is... (2/n)
#ukconstruction #construction
... partly due to the double-digit falls in activity in the 2 largest construction sectors, private house building & private housing repair, maintenance & improvement (rm&i). The sharp decline in UK construction employment also includes the... (3/n)
#ukconstruction #construction
A long thread on the latest ONS construction output data for March 2024... Construction output in a weather-affected March was 0.4% lower than in rain-affected February & 2.2% lower than a year ago according to the ONS. (1/n)
#ukconstruction #ukhousing
Given the impact of the poor weather on construction activity in 2024 Q1, especially outdoor construction activity, 2024 Q2 may see a degree catch-up activity, although note that... (2/n)
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... whilst an extent of catch up activity in construction may occur on larger sites, most smaller sites lack the additional spare capacity needed to catch up so work generally just ends up being pushed back instead. (3/n)
#ukconstruction #ukhousing
A thread highlighting the major age-demographic problem in the UK construction workforce &, critically, the rapid acceleration of the age-demographic problem since 2019 Q1 with a loss of over 300,000 UK construction workers. (1/n)
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In 2019 Q1, UK construction already had an age-demographic problem in the UK-born workforce, with a spike in employment in the 50-64 ages so construction was set to lose over 500,000 workers (1/4 of the workforce) in 10-15 years. (2/n)
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However, the age-demographic problem & the loss of UK-born construction employment has accelerated rapidly between 2019 Q1 & 2023 Q4 with a loss of more than 300,000 UK construction workers in less than five years. (3/n)
#ukconstruction #construction #ukhousing
4,378 UK construction firms went out of business in the year to December 2023. This is 5.1% higher than a year ago & 37.9% higher than in the year to January 2020, pre-pandemic, according to this morning's Government Insolvency Service data. (1/n)
#ukconstruction #ukhousing
The 4,378 UK construction firms that went under in the UK in year to December 2023 was at its highest levels since the financial crisis, over 10 years ago. In fact,... (2/n)
#ukconstruction #ukhousing
... UK construction insolvencies were already at their highest levels since the financial crisis at the end of 2022 & have continued to gradually rise since then & UK construction insolvencies are expected to continue to rise further in 2024 H1. (3/n)
#ukconstruction #ukhousing