This report explores the number of jobs that are expected to open between 2016 and 2023. It looks at where they are expected to be created and the contribution of science, research, engineering and technology to this number.
The key findings are:
• Jobs in science, research, engineering and technology will rise at double the rate of other occupations between now and 2023 (6% vs. 3%). The report attributes this growth to the pace of infrastructure investment and digital innovation and predicts the creation of 142,000 new jobs and 640,000 vacancies in these roles over the next six years, around 6% of all job openings.
• Computing skills will be the most in demand, with the most job openings and the highest number of new jobs (25%). Computer services will be the most science-dependent industry followed by scienti c research, information services, telecommunications and computers.
• While across all industries, science, research, engineering and technology jobs are expected to account for 7.8% of all jobs in the UK, equivalent to 2,525,000 jobs.
• Science-focussed industries are projected to grow in size by 2023 in line with overall employment growth. By 2023, these sectors are expected to account for 28% of job openings, or just over 2.8 million jobs.
• The top five industries for core science, research, engineering and technology jobs (by net requirement will be: Computing services (88,000); Head Offices – Consultancy (57,000); Architecture and Related (38,000); Legal and Accounting (35,000); Scientific Research and Development (29,000).
• Demand for traditional science, research, engineering and technology jobs such as research and development and specialised construction will remain high, driven by the Government’s commitment to ongoing investment in infrastructure. However, areas like retail, head of ces, PR and consultancy and legal, accounting and nancial services will also have high demand for science, technology and research based skills in 2023.
• The number of graduates and apprentices will fall short of the number of people needed to fill those roles, indicating the skills shortage that will exist. To recruit the numbers needed to fulfil the expected demand for roles in 2023, more girls will need to study science subjects at school, further education and higher education.
• In 2016 there were an estimated 462,000 women working in science, research, engineering and technology (19%); if there was gender parity that number would be 1.2 million. In addition, women are particularly underrepresented in the roles and industries identi ed in the report as likely to see the most job openings in the future.
• Graduates with science, engineering and maths quali cations are among the highest paid and if the skills gap continues, the salaries are likely to remain high.
• Across the UK computing services is the top industry in most regions and nations. However, in Scotland the top industry is ‘Architectural and Related’ and ‘Public Administration and Defence’ is the top industry for Wales.
• Future jobs will include: Computer coders; Geotechnical Design Engineers; Intelligence Consultants; Robotics Engineers; Data Scientists.