The latest figures may show a fall in redundancies, but don't start cheering just yet

For the optimists in the construction industry there is much hope to be gleaned from the latest employment figures. Equally for the pessimists there is plenty within the numbers to fret about.

So what should we make of the latest batch of labour market numbers that, among other things, show that 163,000 redundancies were recorded in construction in 2009?

To read the rest of this article, on Brian Green's Brickonomics blog, click here.