More than 50,000 Jobs lost in Scottish Construction since 2008

posted 09.05.2013

According to recently released data, since 2008 the number of people working within the Scottish construction industry has decreased by 27%.

The data came from the updated labour market figures from Scotland?s Annual Population Survey; it shows the construction industry has lost 62,500 jobs since 2008, including the loss of 14,500 jobs during 2012, which represents an 8% fall in Scottish construction jobs last year alone.

In 2008 there were 235,234 people employed in the Scottish construction industry that has dropped to 172,700 in 2012.

Scottish Building Federation Executive Director Michael Levack said: ?We already know about the tough times building firms are currently experiencing but these figures lay bare the huge extent of the damage done to the construction industry by the economic downturn. Over the past five years, more jobs have been lost from the building sector than from the Scottish economy as a whole. Since 2008, we?ve lost more than a quarter of our workforce, which is nothing short of staggering.?

He added: ?Job losses of this scale require the Scottish and UK governments to adopt a targeted strategy to rebuild capacity. That must include tax measures such as cutting VAT on building repairs and maintenance to stimulate industry activity. There must be more focused support to help building companies recruit and retain apprentices. We also need to see a sustained effort to prioritise public investment in construction activity and further measures to streamline planning and procurement to get projects off the ground more quickly.?

Recipro sourced this article from Construction Index.

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