When the UK economy fell into recession, contractors in the construction sector were one of the first to suffer and even now as the economy emerges from recession, a report has detailed that they are likely to continue to struggle to source suitable roles.
The latest Construction Trade Survey published 9th August 2010 has shown a reduction in work for civil and building contractors during the first six months of the year. This, combined with public sector spending cuts has signified a further reduction in available contracts this year.
Noble Francis, economics director of the Construction Products Association said:
“Over the next few years, construction is braced for a fall in public sector investment and will increasingly need to look to the private sector for growth.”
Those contractors luckily enough to secure a contract may find that the contract is shorter than it once would have been and rates are likely to have been reduced.
