The construction industry in Yorkshire and Humber is set for steady growth led by the industrial sector, according to the latest forecast from the Construction Industry Training Board (CITB).
The annual Construction Skills Network (CSN) report shows that the region’s overall average construction output will increase by 0.8% between 2018 and 2022.
Regional output is projected to be just short of its 2004 peak level by 2022, meaning a total of over 10,000 new construction workers will be needed in Yorkshire and Humber over the next five years.
Roles in particular demand will include 1,350 senior executives and managers, 1,800 carpenters and joiners, 450 plant operatives and 800 surveyors.
With a forecast average annual growth rate of 3.9% in output over the five-year period, the industrial sector is likely to see the biggest average percentage increases per annum.
The region’s economy will also be buoyed by infrastructure projects in 2018, including the development of Hornsea 1 windfarm and work to improve a section of the A63 Castle Street in Hull scheduled to begin in 2018/19.
Private housing output in Yorkshire and Humber will also grow by an average of 0.6% per year between 2018 and 2022.
Plans have been submitted for a build to rent scheme in Leeds city centre and around 260,000 square feet of residential accommodation will be available once the project is complete.
By 2022, private housing output is anticipated to reach a new high of £2.34billion.
“The area has significant and exciting opportunity for local careers in construction, with more than 10,000 new construction workers needed over the next five years.
“This represents a great opportunity for those considering a career in construction – or who might be interested in a change of career.”
A modest expansion is likely for 2018, but where Brexit-related uncertainty impacts investor confidence, growth is expected to slow.
As the terms of Brexit become clearer, confidence is anticipated to increase and lead to growth in commercial output from 2021.
Between 2018 and 2022 the region’s construction employment is likely to see moderate growth, reaching just under 200,000 by end of the forecast period.
As is the case across the UK, managerial/administrative and professional skills are projected to be in higher demand than trades and manual.
With 2,010 additional new workers required every year over the five years to 2022, the region’s annual recruitment requirement (ARR) is 1% of base 2018 employment – only slightly lower than the UK rate of 1.2%.
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