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Understanding the Labour Market Today TUTOR’S NAME HERE.

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Presentation on theme: "Understanding the Labour Market Today TUTOR’S NAME HERE."— Presentation transcript:

1 Understanding the Labour Market Today TUTOR’S NAME HERE

2 Understanding the Labour Market Today  Unit1: The Changing World Of Work  Unit 2: The Skills Employers Need  Unit 3: The Concept of Career Pathways Learning Objectives

3 U.1 The Changing World Of Work

4 Labour Market Trends - Demand/Supply mismatches o Changes in the pattern of demand o Demand can surge then weaken o Usually a lag between supply meeting demand o Phenomenon of over-qualified manual workers (often graduates) and the growing socio-economic exclusion of the unskilled and under-educated o Many employers undervalue their people assets U.1 The Changing World Of Work

5 Labour Market Trends – technological change o Disruptive technologies: media (citizen journalism); printing; retail; advertising o Ubiquity of free information has seriously devalued much of what used to be valuable intellectual property o In many economies in EU new or evolved sectors have emerged U.1 The Changing World Of Work

6 Labour Market Trends – international mobility o In EU free movement of labour has led to large shifts of populations of young, fit often very well educated workers from low-wage regions to high-wage regions – this has changed the expectations of employers in some sectors; has led to skills shortages in new ‘supplier’ regions and over-supply in new ‘host’ regions o Ease of movement (air travel) and communication (internet; mobile telecomms) has changed how business is transacted o Competition for jobs in some sectors in some labour markets has now increased U.1 The Changing World Of Work

7 New career structures: o Pluri-activity – holding down more than one job at a time and expectation of having many jobs over time o Emergence of unpaid internships and zero-hour contracts o Career advice in schools is an issue - Schools can be too grades obsessed and not up-to-date with respect to labour market trends and what employers need o Rigidity of the educational system in responding to changes in the world of work o Cultural message that everybody can be what they want to be o Too little early constructive challenge with children/young people with respect to what they might do in the future U.1 The Changing World Of Work (cont)

8 U. 2 The Skills Employers Need

9 o Importance of STEM (Science Technology Engineering Maths) - greatest demand, highest wages o Employers are often very precise as to what they think they want o But sometimes employers are too rigid – can expect too much too quickly U. 2 The Skills Employers Need

10 o Interpersonal ‘people’ skills o Confidence (but not too casual) o A commercial understanding : for example, that deadlines are deadlines with financial implications if they are not met o An understanding of professional etiquette o Good written and spoken language o Numerate o Evidence of good judgement, of common-sense, of capability to take the initiative, of ability to think independently o Evidence of ability to work with others and take instruction U. 2 The Skills Employers Need The ‘ideal’ candidate?

11 o Graduates can often sell themselves poorly by not seeming to understand the employer o At interview:  They need to demonstrate that they understand what the employer is looking for  They need to show evidence that they have done research on the employer and the job  They need to show that they have those competences U. 2 The Skills Employers Need

12 Exercise: Identify and rate skills that employers require for different jobs (10 minutes)  Marketing executive  Policy researcher  Administrator  ETC U. 2 The Skills Employers Need

13 Exercise: Write a Job Description from the perspective of an employer (20 minutes) U. 2 The Skills Employers Need

14 U. 3 The Concept of Career Pathways

15 o Too often pupils/students make subject choices without clear rationale o This can carry through into decision making with respect to employment and wider life o For humanities graduates to develop successful careers in the current labour market they will have to be INNOVATIVE U. 3 The Concept of Career Pathways

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17 The responsibility to map your journey lies in YOUR hands

18 Things to think about…..

19 There are jobs! There are careers!

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21 It is important to demonstrate that you are sociable and work well with people. Outside activities (sports; hobbies; volunteering) are important!

22 Working life is like a journey – it needs planning…

23 Are you going in the right direction?

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30 The 'innovator mindset‘ o Reflect – understand your own make-up o Positive Attitude – see failure as a form of helpful feedback; be prepared for some who will be negative for the sake of it o Flexibility – be prepared to change route to destination or change the destination o Resilience o Scanning o Analysing o Deciding o Acting U. 3 The Concept of Career Pathways

31 The 'innovator mindset‘ o See value in doing (rather than doing nothing) – life skills: sports, volunteering, part-time work, caring – from all of these experiences value can be mined o Research o Listen o Value third party advice – collaborate where possible o Its YOUR responsibility o Time is a precious, finite resource – don’t waste it & have a sense of the value which you would like to place on your time U. 3 The Concept of Career Pathways

32 Exercise: ‘Mapping Me’ U. 3 The Concept of Career Pathways

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34 Exercise: Compare the career path you thought you would have been on at 12, 18 and now (20 minutes) U. 3 The Concept of Career Pathways

35 CASE STUDY: Research different careers (what do they involve? How did employees get to where they are now?) http://www.newrycareers.com/ U. 3 The Concept of Career Pathways


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