Ibec: 80,000 construction jobs needed by 2020

At least 50,000 new construction jobs will be needed by 2020 if there is any chance of new housing supply meeting rising demand, employers’ body Ibec has said.

At least 50,000 new construction jobs will be needed by 2020 if there is any chance of new housing supply meeting rising demand, employers’ body Ibec has said.

However, that forecast solely relates to the Government’s ‘Rebuilding Ireland’ plan, which aims to deliver more than 26,000 new houses, per year, from public and private sources by 2020. Ibec said that regarding wider estimates — of between 30,000 and 40,000 new units being needed per year to meet housing demand — then in the region of 80,000 new building jobs would be necessary.