Blog
Shaking foundations
26th August 2008
The Guardian has a nifty interactive graphic on the troubles facing the UK building industry during the property slump. Housing is one of the classic examples of an industry where cyclical changes in demand feed through very quickly into the number of jobs on offer in construction - a sizeable number of workers do not have permanent contracts, and this applies right the way through the industry from builders to the building supply sectors. The BBC considers whether London 2012 will provide a sufficiently big boost to demand and jobs to partly offset the current downturn.
Geoff Riley
Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.