Retirement in Construction: Timebomb
2 August 2011
It would seem we have another hurdle in front of us within the construction industry. New figures published by CITB-Construction Skills show that there are less youngsters coming into the construction indusrty. This means that construction firms face a retirement timebomb with one in six workers due to retire within the next decade and too few youngsters left to replace them.
The trend has continued over the last few years and now we are also getting more migrant workers who are less skilled than those trained to British standards. This will have a serious impact on the quality of construction within the industry.
This apparent timebomb will not just affect the trade occupations, the effects will also include professional trades like architects, surveyors and engineers. What we need is a big push to get more youngsters into the industry and boost our skilled professionals. What can the goverment do to facilitate this?
For more on this article see Retirement Timebomb to Hit Construction.