Job Market Monitor
UK
Skills in UK – The business case for investment
We live in extremely turbulent times, with major risks and uncertainty for the country’s future and economy. Uncertainty is not just brought about by Brexit, with its challenges of having to put in place international trade deals as well as dealing with the growing likelihood of a recession. The ‘Fourth Industrial Revolution’, arising from AI … Continue reading
NEET in the UK – Focus on skills and work incentives for reducing their misses two key obstacles
The number of young people who are not in employment, education and training – NEET, as this group has become widely known as – is a key indicator on the state of youth labour markets and opportunities for young people more generally. The persistence and, in the years following the global financial crisis, growth of … Continue reading
50 And Over in UK – The average age of exit of the labour market has increased by 2.3 years since 1996
This publication details the trends over time in the economic labour market status of individuals aged 50 and over. Analysis is provided on the three headline measures announced in the Fuller Working Lives (FWL) Strategy 2017 that the government use to monitor progress on FWL. The UK has an ageing population and workforce, therefore, it … Continue reading
Apprenticeship in UK – Understanding recent changes
In 2017 there was overhaul to the apprenticeships system in England: large firms were required to pay 0.5 per cent of their wage bill into an apprenticeship levy, while regulations on training and delivery were firmed up. Two years on, this briefing note takes stock of the system, looking at what’s changed, why and where … Continue reading
Future of Work in UK – The demographic changes
The Youth Commission aims to find ways to improve education and employment opportunities for England’s 16-24-year olds. Its first report identified five key challenges: • Better supporting 700,000 young people not in education, employment or training; • Increasing the number of young people qualified to at least Level 3; • Improving attainment in literacy and … Continue reading
Degree Apprenticeships in UK – The number is rapidly increasing
Degree apprenticeships are a success story. The number of people starting degree apprenticeships is rapidly increasing, the range of apprenticeships on offer is broadening and the first degree apprentices have recently graduated. But progress developing degree apprenticeships in England is being held back by poor levels of awareness among school pupils, parents and employers. Bold … Continue reading
Job Polarisation in the UK – The large increase in graduate numbers contributed to it
The increasing ability of technology to replace workers in performing easier-to-codify “routine” tasks has been singled out in the literature as the main driver of “job polarisation”, i.e. the decline in the share of mid-pay mid-skill jobs observed in several developed countries. Recent contributions, however, have highlighted that the occupational wage patterns observed in many … Continue reading
Employers’ Recruitment Practices in UK – 9 percentage point reduction in the proportion of employers who monitor the age of their workforce during recruitment
This report presents the findings from the Department for Work and Pensions (DWP) employer engagement survey 2018, conducted by IFF Research. The employer engagement survey 2018 is the third wave of a cross-sectional representative survey of 4,201 employers across Great Britain. The survey was conducted between February and July 2018 and the previous waves of … Continue reading
Apprenticeships in UK – Should be broader, higher quality, better prepared
Apprenticeships are seen as the jewel in the crown of technical education in the UK. While they are generally perceived positively by the businesses and apprentices involved, and some significant progress has been made in recent years, there is no doubt that this particular jewel risks becoming significantly tarnished. Our evidence shows that, with the … Continue reading
Education in UK – The pace of growth in young people’s educational attainment has more than halved since the start of the 21st century
This paper uses the Brexit moment to take stock of where Britain has got to on educational attainment, and where we might be heading. It highlights that while improvements to the country’s human capital stock have been driven by increasingly educated cohorts of young people flowing into the labour market, the pace of growth in … Continue reading
Skills in UK – Over the last decade, the rate of improvement has slowed report says
Learning and skills play a central role in driving economic growth, promoting social justice and supporting inclusive communities. Over the last decade, economic growth has been slower than in the preceding decades. Independent forecasts suggest this is a permanent fall in the UK economy’s speed limit. This is neither inevitable nor unavoidable. Seismic shifts in the … Continue reading
The Social Care Workforce Crisis in UK – Linked to low pay and poor working conditions
Adult social care is an essential public service and a growing part of our economy. However, the social care system in England faces a workforce crisis which is set to grow in the coming years; by 2028, we estimate there will be a shortage of over 400,000 workers in social care. The challenges of recruiting … Continue reading
Minimum Wage in UK – National Living Wage (NLW) at 60 per cent of median earnings by October 2020
This Monday, the 1st April, 2 million people working minimum-wage jobs will start the week with a pay rise. The National Living Wage (NLW), the rate that applies to 25+ year olds, will rise by 38p, from £7.83 to £8.21. We project that this will increase the number of people paid at the wage floor … Continue reading
Career Choices in UK – Less than half of young people stay on at school after the age of 16
Insight into the data behind the educa onal and career choices that young people make at 16 and 18 Over 400,000 students in England’s mainstream schools and colleges nish A levels or equivalent quali cations every year. In this report we follow the routes they take from the age of 15 or 16 as they … Continue reading
Apprenticeships in UK – The National Audit Office Report: is it providing value for money ?
This report assesses whether the apprenticeships programme is providing value for money. Background to the report The Department for Education is accountable for the apprenticeships programme, including securing value for money. The Education and Skills Funding Agency is responsible for apprenticeships policy and funding, and for overseeing the delivery of apprenticeships. The apprenticeships programme is … Continue reading
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