UK Commission for Employment and Skills: continued investment in skills is vital

-

Experts have warned that the benefits of economic recovery and growth will only be fully realised if there is continued investment in skills.

The first National Strategic Skills Audit, commissioned by the government and published by the UK Commission for Employment and Skills, shows that the last decade has seen unprecedented increases in the number of people with qualifications. However, the report warns that if the economic recovery is to continue it is important that future skills development needs are correctly identified and prioritised.

If this is not achieved then the country runs the risk of increased skills shortages and under-employment, it says.

HRreview Logo

Get our essential weekday HR news and updates.

This field is for validation purposes and should be left unchanged.
Keep up with the latest in HR...
This field is hidden when viewing the form
This field is hidden when viewing the form
Optin_date
This field is hidden when viewing the form

 

It also finds that:

•The number of people reported as ‘not fully proficient’ at their jobs has increased by 400,000 from 1.3 million in 2005 to 1.7 million in 2009;
•Leadership and management skills and technical skills are in need of particular improvement;
•The UK’s growth in highly skilled jobs is one of the lowest in the OECD.
Chris Humphries CBE, Chief Executive of the UK Commission for Employment and Skills, said:

“The National Strategic Skills Audit shows that there have been some substantial changes in the labour market over the past decade. In order to operate in this fast-changing environment we need comprehensive market intelligence, showing us which are the really key priorities for future investment. The National Strategic Skills Audit is the single best source of that, and will help employers, individuals, and education and training providers to make the best informed decisions possible.

He added:

“Despite having a more skilled workforce than at any time in our history, we still lag behind many of our major economic competitors. In order to catch up, skills investment needs to connect more to the jobs that need doing now and that will need doing in the future. We need more and better jobs not just to recover from the recession, but to be better than we were before it.”

Sir Mike Rake, Chair of BT plc and the UK Commission for Employment and Skills added:

“Our National Strategic Skills Audit doesn’t have all the answers, but it does provide a chart by which to sail. Markets – all markets – operate on information and this Audit provides the richest and most comprehensive information ever produced about skills and jobs in England. We believe that the information it contains will act as a wake-up call to everyone involved in skills and employment policy and practice. Tomorrow’s jobs are not the same as today’s and we would be failing in our collective responsibility if we didn’t look to see what’s coming down the line and prepare ourselves to meet it.”



Latest news

Bullying and harassment to become regulatory breaches under new FCA rules

New rules will bring bullying and harassment into regulatory scope, as firms face rising reports of workplace misconduct.

Personalising the Benefits Experience: Why Employees Need More Than Just Information

This article explores how organisations can move beyond passive, one-size-fits-all communication to deliver relevant, timely, and simplified benefits experiences that reflect employee needs and life stages.

Grant Wyatt: When the love dies – when staying is riskier than quitting

When people fall out of love with their employer, or feel their employer has fallen out of love with them, what follows is rarely a clean exit.

£30bn pension savings window opens for employers ahead of 2029 reforms

UK employers could unlock billions in National Insurance savings by expanding pension salary sacrifice schemes before new limits take effect in 2029.
- Advertisement -

Expat jobs ‘fail early as costs hit $79,000 per worker’

International assignments are ending early due to family strain, isolation and poor preparation, as rising costs increase pressure on employers.

The Great Employer Divide: What the evidence shows about employers that back parents and carers — and those that don’t

Understand the growing divide between organisations that effectively support working parents and carers — and those that don’t. This session shows how to turn employee experience data into a clear business case, linking care-related pressures to performance, retention and workforce stability.

Must read

Ramkumar Chandraeskaran: Closing the digital skills gap, why UK firms must be more proactive to remain competitive

"Digital skills needs are expected to sky rocket in the coming years."

Sophie Milliken: What value do you feel that psychometrics adds to the recruitment/selection process?

Graduates find them frustrating as so many of them fail.
- Advertisement -

You might also likeRELATED
Recommended to you