Construction industry gloom

Construction output fell by 13% in 2012, according to the Construction Skills Network. It forecasts that there will be more than 20,000 fewer workers employed in the industry at the end of 2017, compared to the peak in 2007.

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20,000 fewer construction jobs in 2017 than in 2007

Figures from the Construction Skills Network annual report:

  • Construction output fell by 13% in Wales in 2012
  • Construction output projected to rise by 2.7% per year between now and 2017 - above UK average of 0.8% rise

There's usually a lag between output rises and employment, meaning the report projects around 3,560 construction jobs will be lost in Wales between now and 2017.

  • Construction employment projected to fall by 1.5% per year between now and 2017
  • 92,910 construction workers projected to be employed by end of 2017 - that's more than 20,000 (23%) below its peak in 2007

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