The vote to leave the EU has had a huge impact on the prospect for work in construction with more than a third fewer jobs expected to be created in Wales over the next five years. That’s according to figures released today by the Construction Industry Training Board, which back in January forecast the sector would grow by 7.1% between 2017 and 2021, creating 27,000 jobs. But in its latest estimate published today the CITB has revised those figures downwards. It now expects an annual average growth in construction output for Wales of 5.7%. Because of this it is now forecasting that just 17,700 jobs will be created – 34% less than its previous estimate.
Wales Online 15th Nov 2016 read more »