New government-funded scheme aims to bring 500 construction workers back into work
The Construction Industry Training Board (CITB) has recently announced a new partnership with the London Enterprise Panel that aims to directly address the increasing shortage of construction skills in the Greater London Area.
Research and forecasts estimate that an average of just under 1,300 new skilled construction workers will be required in Greater London every year through to 2019. Around 6,450 new workers in total will be required over the five year period (2015 -2019).
In order to promote this initiative, the UK government has provided £2 million in funding for training, work placements and the support to help 500 unemployed construction workers get back into work.
The scheme announced by the CITB is part of a wider Joint Investment programme aiming to provide match funding to nine English Core Cities in a bid to promote and develop local construction skills.
The construction sector accounts for eight per cent of GDP and a workforce of three million across the UK and has a significant role to play in the growth of local economies as the UK emerges from recession.
The joint investment plan will support the need to address skills gaps in areas of opportunity to ensure that construction businesses can meet growing demand and contribute to local economic growth.
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