{"id":16134,"date":"2017-11-17T09:08:16","date_gmt":"2017-11-17T09:08:16","guid":{"rendered":"https:\/\/oradeo.com\/?p=16134"},"modified":"2017-11-17T09:08:16","modified_gmt":"2017-11-17T09:08:16","slug":"skills-shortage-tightens-around-uk-construction-sector","status":"publish","type":"post","link":"https:\/\/oradeo.com\/2017\/11\/17\/skills-shortage-tightens-around-uk-construction-sector\/","title":{"rendered":"Skills shortage tightens around UK construction sector"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-large\" src=\"http:\/\/www.telegraph.co.uk\/content\/dam\/business\/2016\/08\/02\/103290652_C9330C_Bricklayer_holding_trowel_over_bricks_on_wall_trans_NvBQzQNjv4Bq5yQLQqeH37t50SCyM4-zeERf_Wk3V23H2268P_XkPxc.jpg?imwidth=1400\" alt=\"Construction Jobs UK\" width=\"1920\" height=\"1200\" \/><\/p>\n<p>&nbsp;<\/p>\n<p><span class=\"m_first-letter m_first-letter--flagged\">B<\/span>ritain\u2019s shortage of surveyors, bricklayers and other construction workers is holding back building work just at the time when the country needs more houses and infrastructure.<\/p>\n<p>Almost two-thirds of surveyors said a lack of skilled workers is a key factor limiting building activity, according to the Royal Institute of Chartered Surveyors.<\/p>\n<p data-mediaconductor-processed=\"true\">The skills shortage has now overtaken planning and regulation as the second biggest problem facing the industry, with 62pc reporting recruitment problems in the third quarter of the year.<\/p>\n<div class=\"teads-inread\"><\/div>\n<p>This is the highest proportion in two years and one of the highest scores on record.<\/p>\n<p>On average over the survey\u2019s five year history only 40pc have reported a lack of skilled workers is holding back business, so the rise to 62pc is a significant intensification.<\/p>\n<p>The only bigger impediment is a lack of access to finance which was reported as a difficulty by 69pc of surveyors, a sharp fall from 79pc in the second quarter of 2017.<\/p>\n<div class=\"htmlEmbed section\"><\/div>\n<div class=\"articleBodyText section\">\n<div class=\"article-body-text component \">\n<div class=\"component-content\">\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-16137\" src=\"https:\/\/oradeo.com\/wp-content\/uploads\/2017\/11\/Shortage-of-Surveyors-in-the-UK.png\" alt=\"Shortage of Surveyors in the UK\" width=\"556\" height=\"391\" srcset=\"https:\/\/oradeo.com\/wp-content\/uploads\/2017\/11\/Shortage-of-Surveyors-in-the-UK.png 556w, https:\/\/oradeo.com\/wp-content\/uploads\/2017\/11\/Shortage-of-Surveyors-in-the-UK-427x300.png 427w\" sizes=\"auto, (max-width: 556px) 100vw, 556px\" \/><\/p>\n<p>&nbsp;<\/p>\n<p><span class=\"m_first-letter m_first-letter--flagged\">T<\/span>he construction sector is growing \u2013\u00a0the proportion of surveyors reporting higher demand on the quarter outweighed those reporting a fall by a margin of 22pc.<\/p>\n<p>The industry also expects profit margins, workloads and employment to rise over the next year, though at a slower pace than in the years from 2013 to 2015.<\/p>\n<p>\u201cWhile activity in the sector has moderated, growth and growth expectations remain in positive territory,\u201d said RICS\u2019s senior economist Jeffrey Matsu.<\/p>\n<p>\u201cUncertainties due to Brexit continue to weigh on companies\u2019 investment and hiring decisions, and banks appear to be adopting a more cautious stance to providing finance. Meanwhile, challenges related to an inadequate supply of skilled labour are as pronounced as ever.\u201d<\/p>\n<p>The struggle to find workers comes at a time of record low unemployment.<\/p>\n<p>The jobless rate is 4.3pc, according to the Office for National Statistics, the lowest since 1975.<\/p>\n<p>Over the 12 months from June 2016 to June 2017 employment in the construction sector rose by 45,000 people to 2.9m.<\/p>\n<p>Average earnings in the industry increased by 2.1pc over the 12 months to September, close to the average of 2.2pc across the whole UK economy.<\/p>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; Britain\u2019s shortage of surveyors, bricklayers and other construction workers is holding back building work just at the time when the country needs more houses and infrastructure. Almost two-thirds of&#8230;<\/p>\n","protected":false},"author":22,"featured_media":16137,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[155],"tags":[844,843],"class_list":["post-16134","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industry-news","tag-construction-jobs-uk","tag-construction-workers-in-the-uk"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Skills shortage tightens around UK construction sector | Oradeo<\/title>\n<meta name=\"description\" content=\"| Skills shortage tightens around UK construction sector\" \/>\n<meta name=\"robots\" content=\"index, follow, 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