Trade Skills Index 2024

5. Modelling the need for workers and apprentices

◼ Delivering on the government’s vision for housebuilding and net zero will require an expansion of the skilled construction workforce; in this section we provide estimates of the number of new recruits and apprenticeships needed ◼ Strong growth in housing I&R activity is driven by increased housing transactions and retrofitting, rising from 1.7% of GDP in 2023 to 2.4% in 2033 ◼ To deliver the construction output needed over the next 10 years, we estimate the construction workforce will need to expand by 515,000 and employment in the home I&R sector will need to expand by 219,000 ◼ To expand the workforce as well as replace retirees and others that leave the workforce, the sector will need to recruit a total of 1.27 million people over the next 10 years, of which 377,000 are needed in the home I&R sector ◼ A range of skills are needed to carry out I&R work with the greatest demand for carpenters, builders and electricians ◼ We estimate that a minimum of 347,000 completed construction apprenticeships are needed by 2033; based on historic completion rates this would require around 700,000 people starting these apprenticeships

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