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CITB forecast growth of 150,000 construction jobs in next 5 years

The construction sector has been in shock since the collapse of construction giant Carillion in January; however, CITB have spread some light onto dark times, announcing that over 150,000 constriction jobs are set to be created within the next 5 years. Spread across a range of sectors, including infrastructure, housing, carpentry and process management, this is extremely positive news.

With over 1,000 jobs lost when Carillion went into liquidation, and a further 12,000 still hanging in the balance, this forecast has certainly been well received. Brexit uncertainty aside, home building across the UK is set to ramp up over the next five years, and many of the forecast jobs will be within this area – approx. 15,350 carpenters and 9,350 labourers as a minimum. Professional and managerial roles will also see the need for mass job growth, as productivity will also be subject to a boost.

In a statement from CITB, Policy Director Steve Radley said:

“Despite all the gloom around Carillion and uncertainty from Brexit, our report’s message is that construction will continue to grow and create more jobs.

“Though growth is slightly down on 2017, it’s looking more balanced with housing and infrastructure both expanding significantly. And the range of job opportunities is growing. While we need to bring in lots of people in the trades, the fastest growth will be for professionals at 7.8% and for managers and supervisors at 5.6%.

“By 2022, employment will be in touching distance of the heady 2008 peak so we face a massive recruitment and training challenge, which is likely to get harder after Brexit. So while we can take some comfort from weathering the recent storms, it’s vital that we make the investment in skills today that will shape our own destiny for tomorrow.”

The Housing Sector – A Mixed Picture

Growth in the housing sector has been mixed across the UK; Wales has continued to see output growth at 4.6%, whereas Scotland has seen only 0.1% growth over the past year. Northern Ireland has also seen a slump from a projected growth figure of 1.6% down to 0.5%. Across England, the South West and North West have performed best with 2% growth forecast for the coming year, and Greater London 1.5% growth forecast. The North East, however, is projected to see a reduction of 0.8% growth.

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