NORTH EAST LABOUR MARKET INFORMATION

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Presentation transcript:

NORTH EAST LABOUR MARKET INFORMATION To give an overview of the current Local labour market. To explain how understanding LMI can help career planning To give ideas on how students could do their own research NEET There are 865,000 young people (aged 16 to 24) in the UK who are NEET. This equates to around 12% of All, in North East the rate is 16.4% 37000 For the first time in decades, there are more young people in poverty than there are pensioners in poverty. To solve this we need to work together to prepare our new generation of young people for work, work is the best route out of poverty. UK Wide Business reports that 80% of young people need significant training to be ready for work 49% of SME’s lack digital skills 1.2 million more workers with digital skills will be required by 2024

Key sectors in the North East Over 80% of our workforce jobs are in services and this is growing. 11% of workforce jobs are in self employment. Services growing particularly information & coms, health, arts & entertainment services. Source: ONS Oct 15

Future Demand Particular groups in professional, technical and managerial type roles plus in caring and other service sector roles Decline in more traditional roles in trades and administrative roles But still jobs in these areas

Demand for higher skills Volumes of higher and degree apprenticeships are expected to grow significantly as apprenticeship reforms are embedded, giving students an alternative route to further education.

Future Growth Passenger Vehicle Manufacturing Subsea and Offshore Technology Life Sciences and Healthcare Creative, Digital, Software and Technology Based Services Real estate and construction Financial, professional and business services Education – in particular, but not exclusively HE Transport and logistics Sectors predicted to grow

Health and Social Care NHS – 350+ Roles Largest North East Employer 5th Largest Global employer Adult Social Care growing rapidly Aging work force retiring Subjects – English, Maths, Biology, ICT, Psychology Skills/Qualities – Friendly, Caring, Patient, Team Work, ICT, Team Work Earnings examples – Midwife £35000, Care Worker £16000, Dental Nurse £17500. In the North East we have the highest ranked NHS trust in clinical research studies in the UK WE are innovating in health and life sciences Our national centres of excellence are addressing: Ageing and age related diseases, Personalised medicine, national centres in Formulation, healthcare, photonics and dementia

ICT AND DIGITAL 2500 tech related companies in North East IT and Digital Sectors need more girls! Currently only 23% are females Sunderland Software City encourages growth of software industry in North East Subjects - ICT Maths English Physics Skills/Qualities – Logical, Problem Solver, Communication Skills, Organised Local Employers – Accenture, Aspire Tech, Sage Group, ITPS Earnings – IT Tech £28000 Software Developer £40000 Our NE software & technology industry is worth £2billion. Our regions specialisms include : Software development Cloud computing System design & communications Building information modelling Games design & delivery There are currently 29000 IT & digital Employees Coming up Science City - S&N brewery site £2m cloud computing centre. Sunderland Software City and Coders Academy developing and growing Big Data revolution will transform our Cities, the North east is shaping up to be a driving force. New £30 Million National Innovation Centre for Data at Science City Newcastle (NCID) it will offer a hub to act as a production line for talent and innovation. Big data has the potential to add billions to the economy

Engineering and Manufacturing 56000 new Engineering Technicians are needed per year 98000 people in North East work in engineering and manufacturing Many local companies are small, employing less than 10 people Subjects – Maths, Physics, Art and Design Skills/Qualities – Good at Maths & Science, problem solving, manual dexterity, communication Employers - Nissan, Ford Aerospace, Cummins UK, Unipress Key Growth sectors: Automotive and Medicines Engineering and advanced manufacturing experienced an additional 8500 jobs up to 2016- North east only region to have a positive trade balance There are 50,000 STEM students coming through our universities each year. A new 100 hectare International Advanced Manufacturing Park (IAMP) is to be built in Sunderland, to the west of the A19. This will mean that more large companies will have the facilities and space to set-up and expand in the North East. The park will be in the region of 100 hectares, providing over 5,200 jobs. There is also the possibility to allow scope for a potential longer term expansion up to 150 hectares if demand requires it. The park will provide modern business premises close to existing employers and would build on the regions advanced manufacturing heritage. The park will provide a range of building sizes to meet investor requirements. planned and sustainable employment location that maximises links with Nissan and other high value automotive industries. set alongside new infrastructure and services

Construction 3510 new jobs every year In demand joiners, plumbers, supervisors Architect earns £38000 Bricklayer £25000 Plumber £28000 Subjects – Maths, English, IT Qualities/Skills – Good practical skills, follow instructions, head for heights, team work Employers – Balfour Beattie, Keepmoat, Interserve

Hospitality People have more leisure time and disposable income Employers need more people with organisational skills, team work skills, communication skills, customer service Subjects – English, Maths, Languages, Business Admin Skills/Qualities Customer service, planning and organising, work under pressure

Other Growth Areas Science – Science City Newcastle, Medical Research, Ageing research, drug manufacturing – all increasing due to ageing population Pharmaceutical – Glaxo Smith Kline – Durham, SCM Pharma Northumberland Tourism – Predicted to be significant employer due to our strengths as a tourist destinations