Construction employment sinks to 24-year low

Construction employment has slumped to its lowest level since 2000, with the industry on the brink of losing another milestone as total site employment looks set to drop below 2 million.
Latest government figures show the construction workforce fell 1.3% in the third quarter to 2.05 million, marking a 15% collapse in capacity since before a peak just before Covid. This amounts to an exodus of 367,000 jobs.Economists are warning that a combination of the housing downturn, weak commercial work and