Job Market Monitor
United Kingdom
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
The Apprenticeship Levy In UK – A substantial reduction in apprenticeship numbers
Over half of today’s 19-year-olds are engaged in either work, training, vocational study or an apprenticeship, the last of which being a government priority. This morning, the Department for Education published figures outlining the number of people who started an apprenticeship in May, with May marking one year since the apprenticeship levy and its associated … Continue reading
Internships in UK – The high cost of working unpaid
Internships continue to be unpaid, unadvertised and unfair. This brief highlights the high cost of working unpaid in the UK, but research suggests that many young people are still being asked to work unpaid. Additionally, recent research suggests that many employers continue to give out internships informally, locking out young people without professional networks and … Continue reading
Wages in UK – The typical pay rise for someone switching jobs is, on average, around 2.5 times higher than for someone remaining in the same job
Analysing pay growth for those in continuous employment. Figure 5 does this by showing the median pay rise for those remaining in the same job from year-to-year and those remaining in employment but switching jobs. Typical pay change for people remaining in work over a year Source: RF analysis of ONS, ASHE (post April 2017 … Continue reading
Apprenticeship in UK – The number starts has been driven mainly by those over 25 years of age
In recent weeks, there has been much controversy over the slowdown in the number of apprenticeship starts and the potential connection with the change in the funding system. The context is one in which there is a government target to have 3 million apprenticeship starts between 2015 and 2020. In the light of recent controversies, … Continue reading
Higher Education and Earnings – Studying the same subject at a different institution can yield a very different premium
Each year more than 350,000 students start Higher Education (HE) degrees in England at a total cost of around £17 billion paid by graduates in repayments on student loans and the taxpayer (Belfield et al., 2017). This represents a significant investment and has the potential to have considerable implications for the students’ later-life outcomes. Students … Continue reading
UK – Is low pay is the first step towards better-paid, better-skilled ?
The coming years will be pivotal for the UK’s labour market. Along with new questions raised by Brexit, the responses to longstanding issues dogging firms and workers alike will be key. When it comes to action points, Britain’s woeful productivity growth since the financial crisis is top of the list but not far below is … Continue reading
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