The year ended strongly for freelance tradespeople as weekly earnings increased by 3.5 per cent.
Our analysis of December payroll data for more than 2,200 construction companies in England and Wales reveals a weekly average of £948 for subcontractors. The welcome rise represents the third successive month of growth.
Ian Anfield, managing director of Hudson Contract, said: “2019 ended strongly for subcontractors as construction companies moved to finish projects ahead of Christmas.
“With the general election out of the way and a majority government in place, businesses can plan ahead for 2020 with more confidence and start to invest again, which is good news for the construction sector and wider economy as a whole.”
|Region||December 2019 Average||Month on Month Change||Year on Year Change|
|Yorkshire & Humber||£885||5.9%||1.6%|
|East of England||£1,011||5.6%||4.6%|
Anfield added: “The latest PMI shows that optimism has rebounded to a nine-month high and points to a softening decline in staffing numbers. These findings are consistent with our latest pay trends analysis which shows strengthening demand for skilled tradespeople."
Our regional breakdown shows the South East had the strongest growth, with earnings up 6 per cent to £983, followed by Yorkshire and Humber, up 5.9 per cent to £885, and the East of England, up 5.6 per cent to £1,011.
Earnings for the individual trades highlight the need for clients to finish jobs before Christmas - or the desire for freelancers to take a well-earned break with their families.
To view our interactive pay trends map click here
This month’s winners:
And the losers: