CSO confirms construction sector slowdown

Updated: 19:57, Friday, 18 July 2008

The Central Statistics Office has confirmed a large decrease in the number of people working in the construction sector.

1 of 1 Deconstructing Construction employment index at lowest level since it began in 2000
Deconstructing
Construction employment index at lowest level since it began in 2000
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Six One News: Martina Fitzgerald reports on employment fears amongst construction workers as they begin their annual holiday
Six One News: Martina Fitzgerald reports on employment fears amongst construction workers as they begin their annual holiday
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Six One News: David Murphy, Business Correspondent, reports that the CSO confirmed a big fall in people working in construction
Six One News: David Murphy, Business Correspondent, reports that the CSO confirmed a big fall in people working in construction

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The construction employment index, which measures employment by firms with five or more staff, fell by 14.8% in the year from May 2007 to May 2008.

It is the lowest reading since the index began in the year 2000.

However, the CSO says it is a short term indicator of employment in the sector.

The figures have been released amid fears for the jobs of many builders as they begin their traditional holidays today.

  • News At One: Joan O'Sullivan reports on fear among builders that they may not have jobs to return to after their annual holiday

    News At One

    18 July 2008

    Joan O'Sullivan reports on fear among builders that they may not have jobs to return to after their annual holiday

  • News At One: Tom Parlon of the Construction Industry Federation discusses the crisis in the building sector

    News At One

    18 July 2008

    Tom Parlon of the Construction Industry Federation discusses the crisis in the building sector

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