KPMG job figures show weaker demand for permanent workers

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construction jobs

The latest ‘Report on Jobs’, published today by KPMG and the REC, showed weaker demand for permanent and temporary construction jobs in October

The seasonally-adjusted index for permanent construction jobs slipped from 56.9 in September to 55.5 last month.

The latest reading was the lowest recorded for nine months and below the average seen for the UK as a whole (60.4).

Notably, construction was the worst-performing of the ten monitored sub-sectors.

Jonathan White, UK head of infrastructure, building and construction at KPMG said: “The data suggests that jobs in the construction sector have taken a hit in recent months and that we’re seeing a slowdown in the growth of incoming projects.

“A concerning prospect given growing demand in areas such as housing, but perhaps not surprising amid Brexit uncertainty.

“The UK needs a workforce equipped with the right skills. This is particularly important for the construction sector with large-scale infrastructure projects on the horizon and a pressing housing shortage.

“While there were indications of a more stable picture last month, the wider landscape appears to be somewhat shaky.

“The sector will be watching these figures closely over the coming months for indications of how construction firms are responding to some of the challenges in the wider economy.”

Vacancies for short-term construction workers also expanded at a weaker, albeit still strong, rate in October.

The respective index for temporary staff edged down from 55.3 to a four-month low of 55.1.

Growth of demand for temporary workers in the construction sector was also less marked than that seen across the UK as a whole (59.3). Overall, construction workers placed ninth among the ten surveyed sub-categories.

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