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23/08/2007

Construction Employment Reaches ‘Pessimistic’ Level

A new jobs survey released for July has revealed employment expectations in the construction sector has hit an all-time low.

The FAS/ESRI report also showed that vacancies last month increased by five percentage points to 17 per cent.

Vacancies in the construction sector rose two percentage points to 10%, but the future outlook for the sector deteriorated to its most pessimistic level since the survey began in March 2002.

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Management and quantity surveyors construction roles were highlighted as the most difficult to fill and in industry, it was engineers, sales personnel and managers.

The survey said: “Results for July 2007 reveal a further decline in employers’ employment expectations, maintaining a downward trend that began in May 2007.”

(JM/SP)

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