Noble Francis Profile picture
May 18, 2021 7 tweets 6 min read Read on X
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… Image
... & 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 Image
... 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 Image
... 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 Image
... & 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 Image
... 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 Image

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More from @NobleFrancis

May 16
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 Image
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 Image
... 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 Image
Read 13 tweets
May 10
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 Image
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)
#ukconstruction #ukhousing Image
... 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 Image
Read 24 tweets
Mar 19
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)
#ukconstruction #construction #ukhousing Image
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)
#ukconstruction #construction #ukhousing Image
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 Image
Read 13 tweets
Feb 16
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
Read 11 tweets
Oct 4, 2023
UK brick deliveries in August 2023 (a proxy for actual house building starts as housebuilders rushed through 'technical starts' in Q2, doing the minimum necessary to get ahead of the uprated building regulations F, L, O & S that add cost) were... (1/n)
#ukhousing #ukconstruction Image
... 5.6% lower than in July & 30.2% lower than a year ago (which was a high base prior to the Mini Budget that led to the initial sharp rise in mortgage rates & fall in housing demand) & we are seeing the impact of... (2/n)
#ukhousing #ukconstruction Image
... the lagged impact of mortgage rate rises in May & June on not only the housing market but house building starts, with house builders unsurprisingly focusing on completing existing developments rather than starting new developments. (3/n)
#ukhousing #ukconstruction Image
Read 7 tweets
Jun 29, 2023
Private house building starts in England in 2023 Q1 were 6.1% lower than in the previous quarter & 17.8% lower than a year ago according to the Department for Levelling Up, Housing and Communities (DLUHC). (1/n)
#ukhousing #housing
Private house building starts in England in 2023 Q1 were also 34.0% lower than the recent peak in 2022 Q2 although note that this recent peak for starts was an artificial peak boosted by house builders getting ahead of the building regulations changes... (2/n)
#ukhousing #housing
... with the building regulations changes adding extra cost for house builders due to uprated Part F, Part L Part O & Part S (Infrastructure for charging electric vehicles). Hence, why completions did not spike in line with starts last year. (3/n)
#ukhousing #housing
Read 10 tweets

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