Construction industry harder hit by Covid-19 than 2008 economic crisis
4 years, 9 months ago

Construction industry harder hit by Covid-19 than 2008 economic crisis

NL Times  

Some 40 thousand jobs in the construction sector will disappear in the coming two years due to the coronavirus, according to the economic institute for construction EIB. The institute thinks this crisis will hit construction harder than the 2008 economic crisis. Many construction projects were brought to a sudden halt when the Council of States declared the government's nitrogen approach program invalid. When it was declared invalid, construction projects had to stop so that nitrogen emissions could be reduced elsewhere first.

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Coronavirus put 40,000 construction jobs at risk
4 years, 7 months ago

Coronavirus put 40,000 construction jobs at risk

NL Times  

If the government does not intervene, employment in the construction sector could fall by 40 thousand full-time jobs next year due to the coronavirus crisis, the economic institute for construction EIB said in a report on Friday. According to the EIB, construction has a "late-cyclical character", which means that the effects of the corona crisis will only be felt in …

Construction Work Was Already Dangerous. Coronavirus Is Making It Worse.
4 years, 9 months ago

Construction Work Was Already Dangerous. Coronavirus Is Making It Worse.

Huff Post  

LOADING ERROR LOADING A week ago, Dave, a union painter in New York City, was on a job painting school buildings with a city-contracted company. “I’ve never heard of anyone that was told to self-quarantine at all,” he said of his fellow construction workers. But in many communities, workers in hard hats continue to stream onto construction sites, buzzing around …

Bricks fall apart for construction sector
4 years, 9 months ago

Bricks fall apart for construction sector

The Hindu  

The construction industry, which generally gets busy in the January to March quarter, has been severely impacted by the spread of COVID-19 and the subsequent lockdown, industry executives said. The COVID-19 crisis will seriously impact revenues of construction companies and almost all of them will face huge financial losses in the months to come, company officials said. “Even after the …

New housing slows, construction growth stalls amid emissions crisis
4 years, 11 months ago

New housing slows, construction growth stalls amid emissions crisis

NL Times  

Construction production in the Netherlands increased last year, but that growth will stall in 2020 and 2021 as a result of the nitrogen emission problem. According to the institute, the total production in the non-residential building sector increased by more than 7 percent last year, driven by the construction of new homes. In the first months of 2019, fewer permits …

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