The only way to future security is to ask oneself – “what learning and skills do I need to help create the One Planet World” – then apply oneself 100% to attaining them
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The Disappeared
It’s hard to imagine that the employment situation could get any bleaker for construction workers in 2010 after something like 165,000 of them lost their jobs in 2009. But fears are growing that public sector cuts could trigger yet another round of redundancies. The question in the minds of many workers at every level of the industry will be whether economic recovery will provide bosses with the confidence to hang on to their people.
This year, experiences could vary greatly between disciplines. Architects took a crushing blow right at the start of the recession; now they could see their fortunes improve as developers bring them in on schemes likely to break ground in a couple of years. Already there are signs of confidence; Archial went back to a five-day week on 1 January and others, such as Purcell Miller Tritton, say they are recruiting in “strategic areas”.
Other consultants are less confident. Aecom’s pre-Christmas cull of 350 staff in the UK and Europe cast a pall on the outlook for engineers, and the continuing struggle with bad debts in Dubai (see below) will continue to weight on consultants’ finances. QSs are preparing for another tough year and are likely to bide their time before recruiting again. “We’re in wait-and-see mode,” says one senior manager. “We’ve stopped cutting jobs and salaries but we’re way off bringing more people in.”
This sentiment could mean another unrewarding year of job hunting for graduates. Chris Green, a board member of Capita Symonds, says: “Graduates come in with a lot of theoretical knowledge but practical experience takes time and mentoring to acquire, which is a cost that some people are looking to avoid. We are still recruiting but more for specialist training.”
Meanwhile, workers who depend entirely on projects on the ground are likely to face further cuts. “A lot of the main contractors have been relatively protected because of public frameworks,” says Noble Francis, economics directors of the Construction Products Association. “As that falls away we would expect to see them suffer.”
The Civil Engineering Contractors Association is also warning that there could be 40,000 fewer jobs in its sector by the end of 2010 as the public purse tightens and programmes such as nuclear new-build wait to begin.
The extent and the timing of cuts for listed firms will depend largely on their financials. A raft of poor summer figures for housebuilders following a stagnant pre-election run, for instance, could herald cutbacks in the autumn. “You can’t go to the City in September and say we didn’t get 20% of the money we expected in June and didn’t do anything about it,” says one housing expert. “The problem is: who is there left to fire?”
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