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The Skills Gap Lord Baker of Dorking C.H.. The economy is changing.

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Presentation on theme: "The Skills Gap Lord Baker of Dorking C.H.. The economy is changing."— Presentation transcript:

1 The Skills Gap Lord Baker of Dorking C.H.

2 The economy is changing

3 An even bigger story: the baby boomers are retiring (Thousands)

4 Huge numbers of people will be needed by 2020 Between 2012 and 2020, we need – – 830,000 SET professionals (degree level) – 450,000 SET technicians (levels 3 and 4) SET = science, engineering and technology Figures include growth + replacement demand (mainly to replace baby boomers planning to retire)

5 But supply won’t meet demand Demand for science, engineering and technology graduates: 104,000 per year between 2012 and 2020 Number of new graduates taking UK jobs in SET occupations: 64,000 per year Shortfall: 40,000 graduates per year

6 Education is out of step with the economy. Schools, further education colleges, training providers and universities are failing to deliver the skills we need today, let alone tomorrow.

7 Higher education has grown rapidly – but not in all subjects

8 Many graduates are under-employed

9 Apprenticeships have grown – but the numbers are unbalanced Number of 16-24s starting apprenticeships in 2011/12 % change since 2010/11 Business, admin and the law80, % Retail and commercial enterprise63,6707.6% Health, public services and care49, % Engineering and manufacturing38,1006.8%

10 Britain’s plight Only 4% of 15 year olds in the UK want careers in engineering and computing... … placing the UK 35 th out of 37 countries in an OECD survey.

11 Other countries value vocational education more highly …

12 …and have lower youth unemployment

13 The connection is obvious

14 UK and Austria UKAustria Participation in vocational upper secondary education, %76.5% Under 25s unemployment rate, %8.8%

15 We are wrong to delay technical education In Austria, technical education starts at 14. In England, most technical education starts at 16 – two years behind.

16 Too many young people start – rather than finish – level 2 at 16 QCF: Qualifications and Curriculum Framework

17 The time has come to rethink education

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19 What is a UTC? Independent state school age range All-ability intake Sub-regional Commitment of a local university Employers involved from the start in shaping and delivering the curriculum

20 Curriculum % General & bridging 40% Technical Post-16 40% General & bridging 60% Technical

21 Key characteristics of UTCs Technical and academic education are integrated Practical work is as highly valued as academic work Longer days (8-30 to 5) and school years (36-40 weeks) Enrichment for all Curriculum projects devised by employers and universities Progression routes include HE, FE, Apprenticeships and employment

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26 What’s more … Every student who left the JCB Academy last summer had somewhere to go – – Apprenticeships – Further education – University – Work

27 Four types of college: – UTCs – Liberal arts colleges – Career colleges – Performing arts and sports colleges

28 Thank you


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