The figures say it all. Last year, 453 construction companies went bust – over 30% of the year's total insolvencies. In 2007, over 400,000 people worked directly or indirectly in construction – plummeting to well below 200,000 this year. The most recent CSO figures indicate that the total number of direct employees in the sector stands at just over 130,000 while experts expect the industry to fall in value from €38 billion in 2007 to well below €10 billion in 2010.