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

Employment in the construction sector grew at the sharpest pace since February last month Pic: Getty

Business lobby group Ibec has revised down its economic growth forecasts for this year and next but saidthe jobs outlook remains positive with employment expected to return to the peak levels seen in 2006 by the end of 2017.

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 ...