Menu
17/01/2008
Construction Pessimism Reaches High
A survey by the FÁS/ESRI has found the level of pessimism in the construction industry has reached depressingly high levels.
The survey by the Economic and Social Research Institute found the number of employers in the sector expecting employment levels to fall over the coming months is 42% higher than those predicting an increase.
The Ulster Bank Construction Purchasing Managers Index recently found activity in the construction sector had plunged to its lowest level on record, while the Central Statistics Office said the number of people employed in the construction sector fell 5.4% on a year-on-year basis in November.
Dr Elish Kelly of the ESRI said: “Overall the vacancy figures are holding up but going forward we are finding employers are expecting to hire less people and are becoming more pessimistic when it comes to hiring prospects but this seems to be consistent with overall forecasts for economic growth.
“With regards to the construction sector, the results from December’s survey indicate employers in this sector are the most pessimistic they have been since 2002 about future employment levels in the sector.”
(DW)
The survey by the Economic and Social Research Institute found the number of employers in the sector expecting employment levels to fall over the coming months is 42% higher than those predicting an increase.
The Ulster Bank Construction Purchasing Managers Index recently found activity in the construction sector had plunged to its lowest level on record, while the Central Statistics Office said the number of people employed in the construction sector fell 5.4% on a year-on-year basis in November.
Dr Elish Kelly of the ESRI said: “Overall the vacancy figures are holding up but going forward we are finding employers are expecting to hire less people and are becoming more pessimistic when it comes to hiring prospects but this seems to be consistent with overall forecasts for economic growth.
“With regards to the construction sector, the results from December’s survey indicate employers in this sector are the most pessimistic they have been since 2002 about future employment levels in the sector.”
(DW)
Related Irish News Stories
Click here for the latest headlines.
14 August 2014
Young People Urged To Consider Careers In Construction Industry
School leavers investigating career options have been urged to give "careful consideration" to college construction courses and construction-related apprenticeships.
Young People Urged To Consider Careers In Construction Industry
School leavers investigating career options have been urged to give "careful consideration" to college construction courses and construction-related apprenticeships.
02 December 2010
NAMA Rejects CIF Report
The National Asset Management Agency (NAMA) has announced it "completely rejects the flawed and one-sided analysis of the Agency published by the Construction Industry Federation (CIF)".
NAMA Rejects CIF Report
The National Asset Management Agency (NAMA) has announced it "completely rejects the flawed and one-sided analysis of the Agency published by the Construction Industry Federation (CIF)".
10 July 2009
Employers Relent On Electrician's Pay Cut
The employers of electricians have relented on their demands to achieve a 10% pay cut at the ongoing Labour Relations Commission (LRC) talks, following days of protest. The talks on the electrical contracting dispute at the LRC adjourned shortly after 2am in the early hours of today and are to resume at 12 noon.
Employers Relent On Electrician's Pay Cut
The employers of electricians have relented on their demands to achieve a 10% pay cut at the ongoing Labour Relations Commission (LRC) talks, following days of protest. The talks on the electrical contracting dispute at the LRC adjourned shortly after 2am in the early hours of today and are to resume at 12 noon.
20 February 2009
SIPTU Call's For Construction Workers To Join Protest
SIPTU has called on Ireland's construction workers to join a mojor protest taking place tomorrow. The trade union hit out at construction industry employers who are seeking a 10% pay cut from their workers as part of a renegotiation of industry agreements.
SIPTU Call's For Construction Workers To Join Protest
SIPTU has called on Ireland's construction workers to join a mojor protest taking place tomorrow. The trade union hit out at construction industry employers who are seeking a 10% pay cut from their workers as part of a renegotiation of industry agreements.
08 January 2019
Workplace Deaths Fall By 23% In 2018
A total of 37 people were killed in work related accidents in 2018, a fall of 23% on 2017 and the lowest figure since the establishment of the Health and Safety Authority (HSA) in 1989.
Workplace Deaths Fall By 23% In 2018
A total of 37 people were killed in work related accidents in 2018, a fall of 23% on 2017 and the lowest figure since the establishment of the Health and Safety Authority (HSA) in 1989.
-
Ireland WeatherToday:A sunny but frosty start for many. However cloud increases by midday with a few showers reaching the north coast, these mostly light but spreading inland this afternoon. Chilly. Maximum temperature 8 °C.Tonight:A rather cloudy evening with scattered showers. Becoming drier through the night with some good clear spells developing and a patchy frost away from coasts. Minimum temperature 0 °C.
