Labour costs dipped slightly last month, according to the latest analysis of pay trends in the construction industry.
New payroll data from Hudson Contract show average earnings for self-employed tradespeople edged down by 1.2 per cent to £873 per week during June. Year on year, labour costs increased by 2.9 per cent.
Ian Anfield, managing director, said: “The market is still incredibly busy with housebuilding and infrastructure work and we don’t see any signs of activity slowing down.”
The £1.6bn-turnover group is the UK’s largest provider of tax status and employment contract services to the sector and supplies more than 2,500 companies across England and Wales.
The marginal decrease in average earnings in June was attributed to freelancers taking time off for half-term at the start the month. Roofing contractors saw the strongest growth in earnings with a 6.2 per cent increase to £742.
Hudson delivers the most accurate indication of subcontractor pay trends across the construction industry, publishing the average pay for a spectrum of 17 different trades split across 10 regions in England and Wales.
It supplies statistics to the Bank of England to keep policymakers updated with real-time insights on demand for skilled labour.