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Construction sector growth set to create more jobs
After a flat 2018, there is good news for the construction sector - the Construction Products Association (CPA) claims that the UK is set to see a rise in construction growth in both 2019 and 2020. The CPA estimates growth figures could reach 2.7% in 2019 and 1.9% the following year, which is positive news for those working in the construction sector.
Next year looks to be promising for construction engineers, as exciting projects like HS2 (High Speed Two), Hinkley Point C and Thames Tideway are expected to increase infrastructure output by 13.1%. Construction of private homes is also expected to grow by a further 5%, as the UK government strives to hit its target of 300,000 new homes a year.
Opportunities for engineers
With the anticipated growth in the industry, there are going to be plenty of opportunities for skilled construction workers to work on these career-defining construction projects as Stuart Minchin, Director of Buildings recruitment at Matchtech, explains:
“There are set to be some great opportunities for construction engineers in the back half of 2018, going into 2019. To make up for the slow start to the year, large infrastructure projects will be looking to recruit contractors to help them avoid delays. Architects, design engineers, site managers and commercial staff are in particularly high demand to hit house building and infrastructure project targets.”
However, with the growing demand for construction professionals comes the concern of increasing skills shortages in the sector. According to the Royal Institute of Chartered Surveyors (RICS), the lack of skilled workers in the UK is now at its highest level since 2007. The challenge this presents the sector is strongly felt, with 60% of RICS survey respondents saying that skills shortages were the biggest constraint to growth in the construction sector.
Whilst this causes problems for employers, it can provide construction workers the opportunity to earn more in both contract and permanent positions as employers compete to recruit hard-to-find skills.
To find out more about growth in the construction sector, read the full article from Infrastructure Intelligence here.
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