Friday November 27, 2020

Ibec cuts growth forecasts but remains positive on jobs

The business lobby group expects employment to return to peak levels by the end of next year

12th December, 2016
Employment in the construction sector grew at the sharpest pace since February last month Pic: Getty

Meanwhile, the latest purchasing managers' report shows that employment in the construction sector grew at the sharpest pace since February last month, supported by a strong increase in new orders, while the Construction Industry Federation (CIF) has said it will need to find more than 100,000 workers if it is to meet the expected demand in construction activity.

In its latest economic outlook, Ibec said it now expects the economy to grow by 3.7 per cent...

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