The number of jobs in the Australian construction sector plummeted by 20% last year (Daily Mail Photo)
Australia`s real estate market downturn has had a devastating impact on the job prospects of construction technicians.
According to the Daily Mail, according to data released on Monday by the Australian recruitment website Service Seeking, the number of jobs in Australia`s hundreds of construction and services industries plummeted by 20% last year.
Adelaide`s decline was most pronounced, with construction craftsmen down 23%. Sydney followed suit, down 19%. Brisbane, Melbourne and Perth all showed a downturn, with construction craftsmen down 16 percent, 14 percent and 11 percent, respectively.
Levitt (Jeremy Levitt), chief executive of Service Seeking, said the, real estate market was "free fall" and had a significant impact on construction technicians.
"while construction technicians may still be busy working until the end of FY18 and the beginning of FY19, the decline in new jobs will put pressure on their future income and drag economic into recession," Levitt said.
Construction craftsmen in parts of Sydney fell by as much as 64 percent, while parts of Melbourne and Brisbane fell 74 percent and 63 percent, respectively, according to data.
Melbourne`s Bannokburn (Bannockburn) and Shutaran Creek (Sutherland Creek) were the hardest hit, with job losses reaching 74 percent. Brisbane`s Burbank (Burbank) also recorded its biggest drop of 63%.
"Mondarin (Mundaring) is the most affected area in Perth," Levitt said. The Perth market has been declining for years and may not have bottomed out. "
