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Labour Market Adjustment in the Construction Industry

Published: 18 Apr 2018

This report highlights that the construction industry has the ability to quickly recruit and shed workers to meet changing labour demand due to boom/bust cycles. This is achieved through regional mobility of construction workers, and a broader reserve of workers with construction experience who are not currently employed in the construction industry. The annual wage and salary earnings of construction workers are rising, which helps the industry attract new workers.

Type

Report

File

PDF, 1MB, 22 pages