Forecasting the number of jobs created through construction

The construction sector is one of the largest single contributors to employment. A wide and varied set of metrics is used by official channels to predict the number of jobs that will be created for a given value of construction expenditure. These values tend to be shrouded in context specificity (i.e., a peak workforce, or number of jobs created for one year) which meet the agenda of the organization making the announcement. The research reported in this paper reviews the outcomes of five years of research into labour forecasting culminating in the development of the Labour Forecasting Tool (LFT). The research explores three approaches to deriving labour coefficients (the amount of labour per