Future Impact and Implication of BREXIT on the UK Construction Labour Market
Title: Future Impact and Implication of BREXIT on the UK Construction Labour Market. The construction Industry remains one of the most influential industries within the British economy. As the CBI (Confederation of British Industry) reported, for each £1 spent on construction output, a total of £2.84 in total economic activity is generated. With ambitious government plans and scheduled deadlines around the corner, it is essential for the construction industry to retain an access to the required resources.
The skills shortage remains an issue within an industry where a remedy has not been found to overcome the labour shortfall problem. The foreign workforce has been successfully used in recent years to fill the gap within the construction labour market, but the gap between the retiring workforce and the number of new entrants into the construction market remains significant. The 2016 EU Referendum resulted in a decision to leave European Union.
Although exact strategies of dealing with this decision are unknown yet uncertainty started affecting the construction industry immediately after the referendum result. At first, many foreign workers consider transferring their skills to other countries where access to the single market remains unaffected. This dissertation aims to analyse the effect of Brexit on the construction labour market and assess foreign workforce movement within the United Kingdom.
The aim of this dissertation is to analyse the current and potential future trends of foreign worker movement within the UK construction sector.
- Provide a clear and precise analysis of the construction industry labour market in UK focussing on the foreign workers coming from EUA8 countries.
- To evaluate the current tendencies within the market and make reliable assumptions towards the possible changes in trends resulting from Referendum decision.
1 – Introduction
Aims and Objectives
2 – Literature Review
UK Construction – Labour Market
Foreign Workers in Construction Industry
Skills shortage and solutions
Effect of BREXIT on Construction Industry
3 – Research Methodology
The Survey Approach
The Case Study Approach
Research Ethical Practice
4 – Data Analysis
Office for National Statistics
5 – Conclusion
Recommendations for further research
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