Understanding the divergence between output and employment in the UK construction industry [electronic resource]
Language: English Series: Economic & Labour Market Review ; 4(3) March 2010, 42-51(10)Publication details: 2010Subject(s): Online resources: Summary: This article examines recent divergence between output and employment in the UK construction industry. It looks at the construction labour market and highlights how its flexibility (in relation to other industries) may have contributed to the observed divergence. It also looks at structural changes in the UK economy that may have contributed to the observed divergence between employment and output. Notably, it considers the measurement of migrant workers in the construction sector and the growth in the number of small businesses. The article concludes that, although construction statistics are well developed, the construction industry's unique characteristics still present significant challenges in the measurement methodology of output and employment.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | Virtual Journal article | ONLINE PUBLICATION (Browse shelf(Opens below)) | 1 | Available | 153235-2001 |
This article examines recent divergence between output and employment in the UK construction industry. It looks at the construction labour market and highlights how its flexibility (in relation to other industries) may have contributed to the observed divergence. It also looks at structural changes in the UK economy that may have contributed to the observed divergence between employment and output. Notably, it considers the measurement of migrant workers in the construction sector and the growth in the number of small businesses. The article concludes that, although construction statistics are well developed, the construction industry's unique characteristics still present significant challenges in the measurement methodology of output and employment.