Rapid growth in the construction industry is good news for contractors
According to the Department for Business, Innovation and Skills, average productivity in the construction industry increased by 15% in 2009, despite the onset of the recession. It’s report also states that construction clients noticed a significant increase in the number of projects being delivered to initial costs.
Simon Noakes, chair of the Recruitment and Employment Confederation’s (REC) Construction sector group, said the results demonstrate the importance of construction to the UK economy. “Even during a recession, the construction industry can still deliver projects with increased productivity,” he commented. “Contractors are wising up to the advantage of using flexible labour in our industry. Without this provision, it is difficult to see how key projects could have been delivered to cost.”
Earlier this month, the REC reported that the number of temp placements continued to increase during May 2010, potentially meaning more contractors found work last month.