Most architects are currently gainfully employed

Underemployment amongst architect is at its lowest since January 2009, when the Royal Institute of British Architects (RIBA) first started to measure architectural employment trends.

In December, 2014, the number of architects in North Wales and the rest of the UK who reported that they were underemployed fell to just 9%. This is seen by the industry as a strong indication that demand for architectural services is once again growing.

However, the RIBA Future Trends Workload Index remained at the same level of +29 as in November, 2014. RIBA uses this index to measure the level of confidence amongst architects.

Small practices are particularly positive. With a score of +22, they are the most optimistic that their workload will remain stable or grow. Medium and large-sized practices are also relatively happy, while Scottish architects are the most optimistic with a score of +75.

The private housing sector continues to provide a decent level of work, with architects believing it will continue to do so. Government initiatives like the Help to Buy scheme and low interest rates should both help to fuel future demand for new residential housing.

This was reflected in the fact that architects who work in the residential sector felt that the workload would continue to be strong, but confidence was down marginally. In November, the confidence rating for this sector was +26, but in December it was +25.

For the public sphere, the workload forecast was up by +7, while it was up by +6 in the community sector. The only area to lose momentum was the commercial sector, which fell back by three points.

Posted by Mark
February 18, 2015
Architects

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