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75 percent of Construction Workers in Yorksire and Humber Region Laid Off

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Posted by Eve Kelly at 16:41 on 24 Sep 2008

Construction Workers, Depressed housing market, downturn, economy, Laid off, Redundancy, unemployment, Yorkshire and Humber

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News & Updates

The effects of the depresed housing market are certainly being felt in the Yorkshire and Humber region as the union UCATT claims that three quarters of construction workers in the region have been laid off.

With the state of the current market and many being unable to obtain mortgages, and it is a common sight to see new build houses on brand spanking new estates stand empty as they await a buyer, while a few metres away, where new houses should be being built, projects have been pulled and workers laid off. 

According to statstics, 163,000 people are currently out of work in the Yorkshire and Humber region, an increase of 24,000 on the previous quarter. 

While the government has tried to create measures to help jumpstart the market, at present it seems it is not enough to help those who have already lost their jobs due to the housing marketing downturn.  It is not just construction workers who are feeling the pinch, but also domestic builders.  As people struggle to pay for ever increasing utility bills, the weekly supermarket shop and a full petrol tank, home improvements and extensions move further down the list of priorities. 

Those who have already lost their jobs will in many cases turn to other industries to earn a living which will present us with a skills gap when the market returns to a more prosperous state.  We are in danger of losing trained, skilled workers to other industries if we cannot do something to stop the haemorrhaging of jobs from the construction sector. 

Click hereto find out how steps are being taken in Jersey to help first-time buyers and the depressed housing market. 

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