Recent findings from the UK commission for Employment and Skills (UKCES) stated. Whilst we are seeing a rise in employment positions, skills shortages are growing twice as fast. This is placing a strain on the recovering economy.
Statistics show 559,600 open positions in England, a rise of 45% from 2009. Skills nearly doubled over the same period moving from 63,100 to 124,800.
Tracy Douglas the Placement Director at Skills Provision stated. The country is now paying the price from the scrapping of artisan based apprenticeships. Whether we like it or not, the wheels of industry are required to keep turning, this means skilled labour will be sought from overseas. It pains me to say it, but in the coming years I expect the situation to worsen, this and other factors will place a strain on keeping the minimum wage below the inflationary figure.
Author: Chris Slay