Half of construction jobs lost since 2007 peak

EMPLOYMENT in construction has halved since the industry’s peak in 2007 and will drop by a further 40,000 this year alone, experts have predicted.

The number of people currently employed in construction stands at 130,000. In 2007 that figure was 260,000.

Davis Langdon PKS (DLPKS), a construction consultancy firm, predicts that the construction industry will see a decline of about 23% in 2010.