Job Market Monitor
UK
Redundancy in UK – The shrinking of the retail workforce has been happening for 15 years now
The closure of some big names shops (think HMV) has been hogging the news for the last 15 months. But the truth is the shrinking of the retail workforce has been happening for 15 years now. From an economy wide perspective we might not worry – the reductions in retail jobs have easily been absorbed … Continue reading
Skills Gap in UK – 91% of the surveyed organisations struggled to find workers with the right skills over the past 12 months
The Open University Business Barometer investigates the extent and nature of the skills shortage in the UK, and the e ect it is having on organisations of all sizes. The data presented within the report have been collated from 950 senior business leaders in organisations of all sizes across the UK between 8 and 25 … Continue reading
UK’s Jobs Growth in 2018 – People with disabilities account for three-quarters of the gains and ethnic minorities for over a quarter
The UK’s jobs surge of recent years should not be underestimated, just because it’s old news. With unemployment hovering just above 4 per cent all year it’s easy to forget that as recently as 2016 the Office for Budget Responsibility thought 5.5 per cent was as low as we could sustainably go. We live and … Continue reading
Pay Gaps in UK – The requirement for companies to publish their gender pay gaps came into effect in early April
This requirement for transparency has led to some major embarrassments for UK companies. The bank JP Morgan, for instance, reported a 54 per cent median pay gap. But it also sparked a wider push, both within firms and across business, to identify the causes of – and possible solutions to – Britain’s ongoing gender pay … Continue reading
Profile of Further Education (FE) learners and apprentices in UK, 2018 – Half of apprentices are 19-24 years old and FE learners often have complex lives
– The profile of FE learners and apprentices highlights the great diversity of the learners the FE sector serves. While half of apprentices are young people (19-24 years), more broadly, the sector serves a large number of adults in their 30s, 40s, 50s and 60s. – There is a relatively high proportion of BAME learners … Continue reading
Transport in Glasgow and north of England – A significant barrier to employment for many residents living in low-income neighbourhoods
This study looks at the transport issues facing out-of-work residents in six low-income neighbourhoods in the Glasgow City Region and north of England, and how these might be overcome. The summary presents findings and recommendations from the two Scottish case study areas: Port Glasgow (Inverclyde) and Castlemilk (Glasgow). A separate summary details the experiences of … Continue reading
Developing Real Employability Skills in Schools in UK – Over 90% of teachers believe that the top five skills and two of the four competencies are developed
There have been numerous studies asking employers ‘what they really want’ in terms of workforce skills. These often show that employers express concerns about students’ skills level in certain areas, for instance, communications. But there are two challenges – the number of overlapping studies and the broad definition of these skills. This report takes a … Continue reading
Attending university in UK – Increases women’s earnings at age 29 by 26% and men’s by 6%, but this varies hugely
While men who went to university earn 25% more at age 29 than those who did not (but who had at least five good GCSEs), most of that difference can be attributed to the fact that they have better GCSE and A-level results and came from better-off families on average. Going to university in itself … Continue reading
Training in UK – 10% had participated in formal learning and 42% in non-formal learning or training in the last 12 months
This report presents the results from the 2016 Adult Education Survey (AES). AES was designed to capture information on participation in various types of learning, as well as on people’s perceived barriers and incentives to learning, and access to information about learning opportunities. Learning is subdivided into three categories: • Formal learning – learning that … Continue reading
Apprenticeship Levy in UK – Assessing the early impact from an employers’ perspective
The purpose of this research is to understand the early impact of the apprenticeship levy on employer behaviour and assess the likely future impact on the quality and quantity of apprenticeships, as well as on broader investment in workforce skills development and training. Before summarising the key findings, it’s important to note that there is still … Continue reading
UK Employer Skills Survey, 2017 – 13% of employers reported skills gaps affecting 1.27 million staff or 4.4% of the total UK workforce
The UK Employer Skills Survey (ESS) is one of the largest business surveys in the world, with the data in this report based on survey responses from over 87,000 employers. This research provides a comprehensive source of intelligence on the skills challenges that UK employers face both within their existing workforces and when recruiting, the … Continue reading
Skills Gap in UK – 9/10 of employers say that they struggle with skills gaps
The UK is in the grip of a skills crisis that is affecting many of our industries and impacting productivity, growth and ultimately the bottom lines of businesses across the country. Our education system is simply not well aligned to the needs of industry and employer investment in skills development has not recovered since the … Continue reading
Future Skills Challenges for Universities in UK – Nearly 50% of the subject knowledge acquired during the first year of a four-year technical degree is outdated by the time students graduate
Educating more people at university could bring significant benefits to the UK economy as the Fourth Industrial Revolution increases future demand for higher level skills. The onset of the Fourth Industrial Revolution – automation, robotics, artificial intelligence and digital technology – and challenges of Brexit and an ageing population are creating rising demand for those with qualifications above … Continue reading
Careers Strategy in UK – A third of the time, the minimum experiences of seven encounters with employers are not taking place
The government’s Careers Strategy tasked schools and colleges with providing each young person a minimum of seven encounters with employers (at least one encounter per year) and at least two opportunities for workplace experiences. 90% of 15,025 surveyed teenagers agreed that work experience had helped them better understand why it is important to do well … Continue reading
The Ethnicity Pay Gap in UK – Much larger for ethnic minority men born abroad and much smaller for ethnic minority women
This research report explores the ethnicity pay gap, which is defined as the difference between the average hourly pay of ethnic minorities and White British people. It is usually expressed as a percentage difference, with White British people’s earnings representing 100%. As well as looking at differences in pay and trends over time, the research … Continue reading
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