Research carried out by the Federation of Master Builders (FMB) has suggested that the construction worker shortage presently facing small and medium-sized businesses has reached a record high. This outcome can jeopardise the Government’s plan to construct thousands of new homes every year.
In its quarterly report on the state of the construction industry, the Federation of Master Builders found that the affected companie are finding it especially challenging to recruit carpenters and bricklayers. The construction worker shortage has also impacted demand for skilled electricians, plumbers, and plasterers.
FMB chief executive Brian Berry said that skills shortages are increasing non-stop, begging the question: who will build the new infrastructure projects and homes that the Government needs so desperately.
Mr. Berry said that the Government has a goal of building 300,000 new homes each year in England alone. He added that over two-thirds of SMEs in the construction industry are having a hard time hiring bricklayers, which is one of the major building industry trades.
The FMB said that as a result of the construction worker shortage, wages are increasing for skilled workers. Combined with the growing cost of materials, this situation is having a negative effect on construction companies.