13,050 or 2,370 jobs?


The Housing and Environment PAC report being discussed today talks of an additional 13,050 jobs related to building 14,300 new houses. Thats a lot of jobs, sounds impressive. But we think the figure should be 2,370.

Why you may ask?

According to the National Housing Federation each building worker can build 1.1 houses per annum. 13,050 multiplied by 1.1 gives us 14,300.

But 14,300 houses spread over 5.5 years = 2,600 per annum or 2,370 workers. Each year the same workers build 2,600 houses. Over the 5.5 years the number of workers stays the same at 2,370!

Go figure!

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s