There is a stubborn shortage in the skills the UK needs to remain competitive and fuel long-term growth, according to the annual CBI/Pearson Education and Skills survey published today.
The key findings from the survey of 294 firms, employing 1.24 million workers show:
• 39% are struggling to recruit workers with the advanced, technical STEM skills they need – with 41% saying shortages will persist for the next three years.
• almost half lack confidence in getting high-skilled workers in future overall – with more acute concerns in key sectors like manufacturing, construction and engineering.
• we still tolerate a long tail of low achievement on literacy, numeracy and technical skills, with 48% of firms putting on basic remedial training for employees – up from 42% last year.
• 55% say school leavers lack the right work experience and key attributes that set them up for success, including self-management (54%); problem solving (41%); and attitude to work (35%) – stressing the need for school reform to produce people who are rounded and grounded, as well as stretched academically.
• 32% and 31% respectively are dissatisfied with some school and college leavers basic literacy and numeracy – 31% report young people lack the technical skills they need.
The CBI fears a return to long-term growth might be held back by shortages in key industries. It argues next week’s Spending Round needs to protect the skills and apprenticeship budgets as far as possible, while giving employers’ greater control.
John Cridland, CBI Director-General said:
“We’re facing a critical lack of skills in some key industries, just as the economy starts to pick up. Long-term, sustainable growth will come in part from rebalancing towards high-value products and services, which demand much better technical skills.
“We need to boost our skills base urgently before the UK loses more ground. It’s time to stop looking on enviously at Germany and build a system that works.”
The CBI is urging the Government to implement the independent Richard Review into apprenticeships, which proposed a range of measures designed to ensure investment follows industry demands – giving employers control over qualification content and structure, while routing funding more directly to businesses, rather than spending the money through intermediaries.
Chosen excerpts by Job Market Monitor
via CBI: Businesses fear skills shortage could hold back growth.
Job Market Monitor 
Reblogged this on red rabbit skills services | skills development consultancy and commented:
The overarching position of attitude is indeed enlightening. Attitude has come through in all my training as an umbrella under which everything else falls. Control of one’s attitude applies whether in conflict resolution, meetings, teams, ethics in fact cross-cutting all business areas. Thanks!
Posted by red rabbit skills services | June 25, 2013, 12:39 pm