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Construction wages grow 5.1% in a year

Average pay in the construction industry has risen by more than 5 per cent in 12 months, according to figures from the Department for Work and Pensions.

Pay across the industry in the three months to August 2015 was 5.1 per cent higher than a year earlier, while the number of jobs in construction grew to 2.1m - an increase of 10,000 from the three months to August 2014.

Weekly earnings of construction workers in the three months to August 2015 averaged £593, compared with £557 a year earlier. There were also around 24,000 vacancies available in the industry over the period.

This official data tallies with figures from job site CV Library, which suggest the average annual salary for a role in construction was £42,902 per year, based on new roles advertised on the site.

This figure is the highest across all sectors covered by the site and 26.3 per cent higher than the average annual salary of £31,625.

According to CV Library, construction workers saw a 4.8 per cent increase in wages in Q3 2015 compared with the same period a year earlier.

Data from the site also suggests vacancies grew by 32 per cent in Q3 2015 compared with Q3 2014, while application rates rose by 34.4 per cent over the same period.

 

 

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