Construction employment figures and job creation remained steady in June despite business output falling at its steepest rate since 2009, the latest IHS Markit report indicates.
The PMI fell from 48.6 in May to 43.1 in June, with the loss of momentum being attributed to the uncertainty surrounding Brexit. It indicates that construction companies are erring on the side of caution and becoming risk averse.
But construction workers shouldn’t fear.
The demand for staff remained resilient, with only a marginal fall in workforce numbers – the majority of which were reported to be from the non-replacement of voluntary leavers.
Political uncertainty is impacting on most sectors, but the output figures could recover once a Brexit deal has been agreed and some of the unpredictability has been tackled.
A positive sign includes the fact that some firms noted that they had retained staff in anticipation of a recovery of sales. Similarly, infrastructure projects were cited as a source of optimism.
Our advice to tradespeople, is to look for a role in an organisation which has shown strong levels of performance over the past few years, with projects in the pipeline. Skilled, motivated staff will always be demanded in this cyclical industry – and we have a wide range of vacancies available across the construction sector.
XCL specialise in helping experienced workers secure their ideal roles in both local and leading national construction firms. No matter which area of construction you work in, we will identify the jobs (and employers) that best suit what you’re looking for.