Thousands of job losses predicted over next three months, CLC warns

By Jordan Marshall2021-05-20T13:19:00

Developers anticipate biggest cuts with construction workforce expected to shrink by 1.3% overall

About 37,000 job losses are predicted across the industry over the next three months with developers expected to make the deepest cuts, the Construction Leadership Council has warned.

Developers expect to reduce their workforce by 16.4% in the three months to July. Materials suppliers are anticipating job losses of 4.8% and contractors expect to cut 2.4% of roles.

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