Labour Market Information (LMI) What does it tell us?

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Presentation transcript:

Labour Market Information (LMI) What does it tell us?

WHY DO WE ANALYSE THE LABOUR MARKET? In line with Employment and Skills Plan our analysis is intended to: Inform strategy and policy development, address market failure Demonstrate to sponsors the evidence base for our interventions Influence local learning provision in line with labour market demand Inform careers choice by providing information on labour market opportunities Inform action by local employers to address the skill needs of business. Presentation focuses on challenges and opportunities underlying the priorities contained within Employment and Skills Plan.

Leeds City Region (LCR) With over 109,000 companies generating 5% of England's total economic output of £60.5 billion, the Leeds City Region is an emerging global economic powerhouse. Leeds City Region economy alone is bigger than nine European countries. UK's largest city region outside our nation's capital Financial & Professional services worth £13 billion Manufacturing Sector worth £7 billion

Key Growth Sectors Engineering & Manufacturing Digital Infrastructure Health & Life Sciences Higher skilled jobs present a major opportunity for City Region, with strong job growth across a range of occupational areas. Replacement demand. Digital jobs advertised online: Web Developer, Computer Support Specialist, Software Developer / Engineer, Database Administrator, Network / Systems Support Specialist. Growing jobs in cyber security. Construction projects, HS2. Growing Care sector due to ageing population but high skilled jobs in life sciences, medicines and biomedical engineering.

Facts about Bradford Average (median) weekly pay for full-time jobs in Bradford is £476 (source: Annual Survey of Hours and Earnings, 2017) Sectors with the greatest number of employees in Bradford: 1. Wholesale and retail 2. Health and social care 3. Manufacturing 4. Education (source: BRES, 2016) Average distance travelled to work in Bradford – 7.9 miles (national average 9.3 miles) (source: 2011 Census) % of people who live in Bradford but work outside the district – 30% % of vacancies in Bradford that are hard to fill due to shortage of people with right skills: 25% (source: Employer Skills Survey, 2015)

Facts about Bradford Top jobs advertised online: Registered General Nurse Software developer / engineer Office / admin assistant Customer service representative Account manager / representative Project manager source: Labour Insight. Job postings for January 2017 to December 2017) Top skills required by employers in their online vacancies: Teaching Customer service Sales Teamwork / collaboration Budgeting SQL (source: Labour Insight. Job postings for January 2017 to December 2017)   Top digital jobs advertised online: Software Developer / Engineer Web Developer Systems Analyst Computer Support Specialist Computer Systems Engineer / Architect IT Project Managers

Facts about Apprenticeships Most popular apprenticeships for young people (aged 16-18): Administration Manufacturing Technologies Service Enterprises Child Development and Well Being Building and Construction Source: Education and Skills Funding Agency. Apprenticeship starts in 2015/16 academic year.   Most popular higher education subjects for Bradford students: Subjects allied to medicine (includes nursing) Business & administrative studies Biological sciences Social studies Education Source: Higher Education Statistics Agency. 2015/16 enrolments. Apprenticeship growing strongly but there is potential to increase supply and take-up of higher apprenticeships. There is still potential to improve alignment between education and training provision and needs of the labour market.