jcb-finance.co.uk uses cookies to enhance your experience. find out more
OK
Home Latest News Construction sector ‘to create 45,000 jobs a year’

Construction sector ‘to create 45,000 jobs a year’

The Construction Industry Training Board (CITB) predicts that nearly 200,000 jobs over the coming five years will be created to fill the industry's labour needs. In its 2015 Construction Skills Network (CSN) report, it suggests 44,690 jobs a year will be created, marking an increase of over 8,000 jobs a year (18 per cent) in comparison to its 2014 predictions.

The CSN forecast suggests that both the private housing and commercial sector in the UK will see an average growth of 4.6 per cent a year until 2019. The report further predicts that construction demand will see growth across all regions, rather than just the southeast.

In the northwest, annual average growth up to 2019 will be 2.5 per cent, 2.3 per cent in the northeast and the Yorkshire and Humber region. Wales is expected to see the largest growth across all regions, with the CSN report suggesting growth of six per cent year-on-year and over the five years the creation of up to 5,320 jobs.

CITB director of policy and strategic planning Steve Radley said: “Our CSN 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. Leisure, infrastructure and housing are all driving growth, but this brings with it new challenges in meeting skills demand.”

He believes that the government has a part to play in helping employers find the skilled workers they need via investment in training. However, a commitment from all parties in the run up to the general election in May will be required to secure the future of the construction industry.