Menu
27/10/2008
Construction At 'Crisis Point' Warns CEF Boss
Thousands more construction jobs are in the firing line, as the economic slowdown takes its toll, the body representing building employers has said.
The Construction Employers' Federation (CEF) said around 8,000 jobs have already been lost or remain at risk across Northern Ireland.
According to a survey of 20 house-builders, in the province, 3,000 jobs were wiped-out between June 2007 and June 2008.
CEF boss John Armstrong has warned the industry is at "crisis point".
"The magnitude of the slowdown and job losses in house building will impact on the industry's supply chain," said Mr Armstrong.
Employment in civil engineering could topple by 45% if the Stormont Executive does not accelerate the Investment Strategy for Northern Ireland (ISNI), 12 of the Province's top 20 civil engineering employers warned.
The CEF said that house builders were also facing stocks of unsold homes.
Mr Armstrong has urged the Executive to come up with a programme to encourage first-time buyers; provide an impetuous for socially affordable housing projects; and speed-up the procurement of ISNI projects.
He said: "This sector has been a major driver of growth over the past decade, to let it collapse now would take a generation to recover."
(PR/JM)
The Construction Employers' Federation (CEF) said around 8,000 jobs have already been lost or remain at risk across Northern Ireland.
According to a survey of 20 house-builders, in the province, 3,000 jobs were wiped-out between June 2007 and June 2008.
CEF boss John Armstrong has warned the industry is at "crisis point".
"The magnitude of the slowdown and job losses in house building will impact on the industry's supply chain," said Mr Armstrong.
Employment in civil engineering could topple by 45% if the Stormont Executive does not accelerate the Investment Strategy for Northern Ireland (ISNI), 12 of the Province's top 20 civil engineering employers warned.
The CEF said that house builders were also facing stocks of unsold homes.
Mr Armstrong has urged the Executive to come up with a programme to encourage first-time buyers; provide an impetuous for socially affordable housing projects; and speed-up the procurement of ISNI projects.
He said: "This sector has been a major driver of growth over the past decade, to let it collapse now would take a generation to recover."
(PR/JM)
Related Northern Ireland News Stories
Click here for the latest headlines.
16 December 2008
Give Us More Details On Spending Plans, Says CEF
The body representing building employers has called on the Northern Ireland Executive to spend every last pound in its budget for this financial year. The Construction Employers' Federation, responding to yesterday’s spending plan announced by Finance Minister Nigel Dodds, asked for greater details on proposals for the sector.
Give Us More Details On Spending Plans, Says CEF
The body representing building employers has called on the Northern Ireland Executive to spend every last pound in its budget for this financial year. The Construction Employers' Federation, responding to yesterday’s spending plan announced by Finance Minister Nigel Dodds, asked for greater details on proposals for the sector.
11 August 2008
NI Regeneration 'Under Threat' From Building Slowdown, Warns CEF
Government funded regeneration schemes, throughout Northern Ireland, have been cast in serious doubt, as the construction industry continues to battle one of the worst summers it has experienced in years.
NI Regeneration 'Under Threat' From Building Slowdown, Warns CEF
Government funded regeneration schemes, throughout Northern Ireland, have been cast in serious doubt, as the construction industry continues to battle one of the worst summers it has experienced in years.
29 January 2010
Construction Unemployed 'Tip Of Iceberg'
There are fears that the real number of construction workers on the dole could be double the official statistic. On paper, there are now more than 13,000 people from the NI construction industry out of work and claiming benefits, according to the latest figures from the Construction Employers' Federation (CEF).
Construction Unemployed 'Tip Of Iceberg'
There are fears that the real number of construction workers on the dole could be double the official statistic. On paper, there are now more than 13,000 people from the NI construction industry out of work and claiming benefits, according to the latest figures from the Construction Employers' Federation (CEF).
26 January 2017
NI Firm Secures New Premises In Dundalk
NI firm Almac has announced a multimillion investment in Dundalk, Co Louth. The Craigavon based firm has secured new premises at IDA Business Park to support its ongoing global expansion plans in response to increased client demand. The firm will also create an additional 100 jobs within the first two years.
NI Firm Secures New Premises In Dundalk
NI firm Almac has announced a multimillion investment in Dundalk, Co Louth. The Craigavon based firm has secured new premises at IDA Business Park to support its ongoing global expansion plans in response to increased client demand. The firm will also create an additional 100 jobs within the first two years.
25 November 2024
SDLP Seeks Views On Proposed Regional Jobs, Skills and Investment Bill
The SDLP has announced the launch of a public consultation of their proposed Regional Jobs, Skills and Investment Bill, describing it as an opportunity to rebalance the economy across the North. The consultation opened online today and will close on Sunday 16th February.
SDLP Seeks Views On Proposed Regional Jobs, Skills and Investment Bill
The SDLP has announced the launch of a public consultation of their proposed Regional Jobs, Skills and Investment Bill, describing it as an opportunity to rebalance the economy across the North. The consultation opened online today and will close on Sunday 16th February.
-
Northern Ireland WeatherThis Evening and Tonight:Rain clearing away east by early evening with some clear spells but a few showers likely to affect the North coast and other areas towards dawn, remaining breezy and mild overnight. Minimum temperature 9 °C.
