The number of redundancies has dropped for the fourth succcessive quarter
Redundancies in the construction industry have continued to drop over the past three months.
New figures from the Office of National Statistics show that there were 21,000 redundancies from April to June this year. That figure was down from 29,000 in January to March, making a 23% drop, and marking the fourth successive quarterly drop.
In the second quarter of 2009 the number of redundancies was 45,000, meaning that redundancies have dropped by 53% year-on-year.
Across all sectors the number of redundancies dropped to 152,000 in the second quarter, a 43% drop from the corresponding quarter in 2009.
The figures also showed that the number of vacancies in construction rose by 2,000 to 11,000 from the first quarter to the second, a 21% rise.
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