A shortage of building and engineering professionals may affect the UK housing market by hindering the construction of vital infrastructure.
Skilled construction workers are currently sought-after in the country, which is trying to address its housing shortage issues, reports The Telegraph.
Recruitment and Employment Confederation (REC) / KPMG’s job report indicates that this is a major reason their increasing wage rates for these professions.
The report, which reviewed the temporary and contract employment market in July, revealed that the highest demand for staff was in the construction market, with engineers in third place.
In addition, permanent positions of engineers and construction workers fell short of the demand.
This lack of skilled labour can stall the development of projects, even if they have already secured required financing, design work and planning permissions.
KPMG partner Bernard Brown, who was a part of the research compilation, said the country is ‘in the grip of an industry-wide skills shortage, which shows no signs of abating’.
Brown was quoted by the news publication as saying: "Construction in particular is struggling to keep pace with demand.
"The risk is that the shortage of skilled labour in the sector could impede Britain’s major building projects."
REC chief executive Kevin Green said: "Alongside long-term problem areas such as technology and engineering, we’re now seeing vacancies such as bricklayers and drivers being flagged as hard to fill."