Local skills deficits and spare capacity

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Permanent URL for this page: http://hdl.voced.edu.au/10707/533954.

Author: Melville, Duncan; Bivand, Paul

Abstract:

This report commissioned by the LGA estimates that not meeting the skills needs of employers could lead to a potential loss of £120 billion in economic output by the end of the decade. The research also reveals that by 2030 there could be: (1) 5.1 million low-skilled people chasing 2 million low-skilled jobs - a surplus of 3.1 million low-skilled workers; (2) 12.7 million people with intermediate skills chasing 9.5 million jobs - a surplus of 3.1 million people; and (3) 17.4 million high-skilled jobs with only 14.8 million high-skilled workers - a deficit of 2.5 million. Excerpt from...  [+] Show more

Subjects: Labour market; Employment; Statistics; Qualifications

Keywords: Data analysis; Educational level; Employment projection; Skill needs; Labour demand; Labour supply; Future

Geographic subjects: England; Great Britain; Europe

Published: Leicester, England: Learning and Work Institute, 2019

Physical description: 22 p.

Access item:

https://www.learningandwork.org.uk/resource/local-skills-deficits-and-spare-capacity/

Resource type: Report

Call number: TD/TNC 139.825

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