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Construction Industry in Scotland Anticipates Rebound

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Published on : Oct 01, 2014

A survey suggests that the construction industry in Scotland is cautiously optimistic about its future. The industry is expected to introduce around 42 percent more workers in the next three years, reported Scottish Construction Monitor. 

The industry confidence in the construction sector fell in the quarterly survey as compared to the second quarter of the year, said the Scottish Building Federation (SBF). This was due to the uncertainty in the referendum,; however the overall industry remains positive. 

Nevertheless, aging workforce has caused reduction in employment in the recent years. This factor will continue to pose hindrances over the next few years as the construction industry recovers from recession.  

The average age of the construction workers is currently 40, estimates SBF. 

Vaughan Hart, Managing director said, now that the referendum has taken place the construction industry is expected to witness confidence rebound in the next quarter. Despite the decline in confidence employers are still optimistic about the employment and future prospects of their business.   

All the surveys confirm the general decline in the construction of employment the industry has experienced in the past three years. However, the employment is anticipated to grow and recover over the next three years. Indeed, Scotland’s construction workforce is aging at the same time.

The industry plans to attract new blood into the market. Also, managing occupational health will help to keep the industry in good health until retirement age.   

According to SBF, around 76 construction firms have completed their post or online survey between 29 August and 17 September. 

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