Construction BUSINESS

Where are Ireland’s Construction Workers?

 Breaking News
  • Brooks to Reduce Energy Bills by €90,000 by Switching on to Smarter Lighting Brooks, one of Ireland’s longest established timber distributors and builders merchants, will reduce their lighting costs by over €91,000 per annum by switching to energy efficient LED lighting. This will be a nearly 70% reduction in energy costs. eLight, the LED lighting experts, installed over 1400 new lighting products in Brooks 7 stores nationwide. These [...]...
  • BAM Wins €25 Million Contract to Build New Cheese Factory in Cork TINE Ireland, a subsidiary of the Norwegian dairy co-operative TINE, has awarded the construction of a new Jarlsberg® cheese production facility and administration building at Mogeely, County Cork, to BAM Ireland. The contract value is more than €25 million. TINE is Norway’s largest producer, distributor and exporter of dairy products with 11,400 members (owners) and [...]...
  • McAleer & Rushe Transforming Edinburgh’s Old Town The new UK Government hub planned for New Waverley in the heart of Edinburgh’s Old Town, which is being constructed by Northern Ireland-based design and build company McAleer & Rushe, has reached a significant milestone with the official ‘Topping Out’ of the office scheme. The project which is transforming a UNESCO Heritage site, in one [...]...
  • PREM Group to Invest Over €1.6 Million in Hotel Refurbishment International hotel management company PREM Group has secured the purchase of the well-known Aspect Hotel in Kilkenny. The Irish owned hotel management and hospitality group has strengthened its growing property portfolio by acquiring the property which it has been leasing and running since it opened in 2006. The 80-bedroom hotel is located just five minutes’ [...]...
  • Home For Life is a New Participant in the Mortgage to Rent Scheme The Government has welcomed Home For Life Ltd as a new participant in the Mortgage to Rent [MTR] scheme, where they will work in tandem with local authorities as landlords providing a long term solution for those in mortgage distress. The announcement coincides with the launch by the Department of Housing Planning and Local Government [...]...

Where are Ireland’s Construction Workers?

Where are Ireland’s Construction Workers?
April 11
09:50 2018

The Central Bank of Ireland has published a signed article from the second Quarterly Bulletin of 2018, published on 12 April 2018.

The article, ‘Where are Ireland’s Construction Workers?‘ by Thomas Conefrey and Tara McIndoe-Calder, considers the decline in construction sector employment in Ireland during the economic and financial crisis that began in 2008. One in every two workers who lost their jobs in Ireland between 2007 and 2012 had previously been employed in construction. However, while there has been a strong recovery in employment in other sectors, the numbers in construction employment as at Q1 2017 was 46% lower than in 2007, although the 2007 level of construction employment should not be considered sustainable.

The article finds:

* The construction sector has regained less than one-third of the jobs lost during the crisis;

* However, the research finds no evidence of the existence of a large number of unemployed former construction workers in 2017, suggesting that a large proportion of construction workers who lost their jobs during the crash are likely to have emigrated;

* The average age of employed construction workers has risen significantly from 35.6 years in 2007 to 42.3 in 2017. Construction workers in 2017 are also more likely to be Irish nationals and have higher levels of educational attainment;

* As construction output picks up, the sector is likely to require a significant inflow of labour from abroad to fill vacancies created by this renewed demand.

About Author

admin

admin

Related Articles


Constrcution Summit

PROMO – Construction Summit 2016 – Sustaining the Momentum

Lean Construction Ireland – Enhancing Ireland’s Competitive Advantage

The Magazine – Construction Business

The Magazine – Construction Summit 2016

The Magazine – Construction Summit

Upcoming Events

  • July 15, 2018Franborough International Airshow
  • September 8, 2018Bauen Kaufen Wohnen
  • September 18, 2018For Arch 2018
  • September 27, 2018Marmomacc Verona
AEC v1.0.4

New Subscriber





Subscribe Here



Advertisements