Presentation on theme: "NEET EVENT 1 ST OCTOBER 2013. FYLDE COAST A SINGLE ECONOMY Wide diversity of skills requirements – Wide variation between districts - Very good FE – Limited."— Presentation transcript:
FYLDE COAST A SINGLE ECONOMY Wide diversity of skills requirements – Wide variation between districts - Very good FE – Limited HE – Geographically challenged - Poor image – Prevalence of low wage jobs – limited career prospects – high outward migration of talent – influx of low-skilled workers – high levels of deprivation / low levels of aspiration – significant NEET cohort Traditional industries in decline or gone (Fishing / transport / ICI / Visitor / Public Sector) High value industries are relatively ‘stagnant’ (Aerospace / Nuclear) Figures: Working age population FYLDE 45,500(60.1% of total population) WYRE63,700(59.1%) BLACKPOOL89,300(62.9%) Total 198,500(61.0%) Economically active (in employment ) FYLDE 34,700(76.3% of working age population) WYRE 49,300(77.4%) BLACKPOOL58,300(65.3%) Total 142,300(71.7%) Economically inactive (unemployed) FYLDE 1,900(4.2% of working age population) WYRE 3,300(5.2%) BLACKPOOL 7,000(7.8%) Total 12,200(6.1%)
FYLDE COAST A SINGLE ECONOMY Figures: Indices of deprivation (rank of 326 English districts) FYLDE 218 WYRE135 BLACKPOOL 16 Qualifications (people with NVQ level 2 equivalent or above) FYLDE 34,000(74.7% of working age population) WYRE 48,400(76.0%) BLACKPOOL49,800(55.8%) Total 132,200(66.6%) Qualifications (people with NVQ level 4 equivalent or above) FYLDE 17,200(37.8% of working age population) WYRE 21,200(33.3%) BLACKPOOL16,600(18.6%) Total 55,000(27.7%) GVA per head FYLDE £15,120.3(73.8% of England average) WYRE £15,670.6(76.5%) BLACKPOOL £11,807.1(57.6%) Total £13,890.3(67.8%)
HISTORIC EMPLOYMENT SECTORS Visitor Economy (20%) Important target area for growth w.r.t. NEETs / deprived individuals Low skilled – seasonal / temporary - low wage – limited career path Public Sector (40%) Now all about managing decline 39,000 jobs – reduced prospects – less transferable skills – low wages 20% cuts and more to come 7,500 job losses - £1.2 bn Advanced Manufacturing / Engineering (10%) BAE Systems – Springfields Fuels (Westinghouse Electric) High Skills - Graduate / apprentice entry The Rest / Service sector (30%) Very diverse and widely distributed Professional services - financial services – rural / agriculture - retail – food & drink – construction – general manufacture - transport
FUTURE EMPLOYMENT OPPORTUNITIES Visitor Economy Tourism Academy – world host – career path – CLQ site – rural Advance Manufacturing and Materials BAE Systems – Warton Enterprise zone – HillHouse – Springfields? Still mainly skilled route but more apprenticeships MPSF study 5,000 retirements Energy Sector Shale gas: 2014 on - catalyst for supply chain uplift and potential to support power generation, high energy manufacturing / data centres. Renewables: Wind / renewable biomass / wave / tidal / solar – strong local AD presence plus potential for supplementary supply chain / support industry uplift Energy from waste – land-fill gas extraction / incineration
ENERGY SECTOR JOBS Wide variety – basic labouring to PhD High value - average shale salary £75,000! Low entry level - 47% of opportunities are unskilled Generic - transferable skills within energy industry Skills development – potential for an ‘Energy School’ Adopt the Pittsburgh / Allegheny model Indirect impacts - supply chain and support industries will grow and diversify
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