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Linking London Key Sectors Report and Staff Guide 24th July 2013 Sue Betts/Andrew Jones Director/Deputy Director

Linking London Key Sectors Report and Staff Guide 24th July 2013 Sue Betts/Andrew Jones Director/Deputy Director. Introduction. Desire to improve the accuracy/appropriateness of higher level skills course development Difference between LM Information and LM Intelligence

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Linking London Key Sectors Report and Staff Guide 24th July 2013 Sue Betts/Andrew Jones Director/Deputy Director

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  1. Linking London Key Sectors Report and Staff Guide 24th July 2013 Sue Betts/Andrew Jones Director/Deputy Director

  2. Introduction • Desire to improve the accuracy/appropriateness of higher level skills course development • Difference between LM Information and LM Intelligence • Complexity of the London Story • Changing labour market • Work with UKCES and the key sectors’ report (AJ) • Focus Group contribution (Appendix C) • The preparation of a web-based Staff Guide or toolkit • Conclusion and what next?

  3. UKCES: 4 Key Labour Market Assessments • National Strategic Skills Audit for England, Skills for Jobs: Today and Tomorrow 2010 • UK Commission’s Employer Skills Survey 2012 • Employer Perspectives Survey 2012 • Working Futures 2012

  4. UKCES: Key Findings of first 3 reports • Expansion in jobs: most likely within higher skilled occupations (managers, professionals, associate professional & technical occupations) • Skills shortage vacancies: professionals and associate professionals, skilled trades • ‘Replacement demand’ is a key factor • Under-employment: employees not fully utilising their skills is an issue • Work readiness of education leavers: college v school leavers • Workforce Development • Apprenticeships

  5. UKCES: Working Futures - Key Findings • The working age population is projected to increase by 10% between 2010 and 2020 in London and London’s labour force predicted to grow by a third of a million. • Unemployment is projected to decline, with the largest decline in London, where the number unemployed will be a quarter lower in 2020 than in 2010. • Higher level occupations expected to show the most significant increases in employment over the next decade • Replacement demands will lead to job openings for all industries and occupations including those in which the net level of employment is expected to decline significantly.

  6. Future employment needs - Where will the growth come from in London? Projected UK employment change by sector (% change) in London and England between 2010-2020 Change (‘000s) -13 -137 -7 -80 3 -5 21 194 73 329 279 1,083 % change Sector Manufacturing Non-market Services Primary Sector & Utilities Construction Trade accommodation & transport Business & other services London England (Source: Working Futures)

  7. UKCES: Working Futures: Occupational Prospects Projected England Job Openings 2010-2020 Net Job Openings (‘000s) Job Creation Occupation Managers Professional Associate Professional Admin & Secretarial Skilled trades Caring, Leisure etc Sales Operatives Elementary 327 663 464 143 131 169 106 65 170 Replacement Demand (Source: Working Futures)

  8. Local Borough Study – 3 Boroughs • We decided that without some acknowledgement of the considerable differences between local boroughs the report would not be helpful • We studied data on Barking and Dagenham, Kensington and Chelsea and Camden – see report • We hope this illustrates the diverse nature of London and the need to communicate regularly with the Inward Investment and Enterprise Teams in your locality

  9. The web based staff guide • This is work in progress – paper copies available • It has been informed by our work and research, and the recommendations of the focus group • It needs to be updated and kept ‘live’ • We hope you find it useful internally with your staff and suggestions for improvements are welcome • Linking London will be responsible for uploading and updating the guide on our website www.linkinglondon.ac.uk and by linking through to IT at the AOC London.

  10. HEADLINES • ‘Boom time as London drives recovery in UK’ – 17th May 2013 • ‘Our economy’s problem isn’t the dominance of finance – it’s the dominance of London’ – 26th May 2013

  11. Conclusion • We are emerging from a ‘steady state’ of affairs • 11% of HE in FE • Progression to HE slightly declining

  12. Conclusion • Our work on this project BLP has taught us several things: • Data is out there, but complex and often aspirational • We will continue to work with UKCES and urge you to do the same (£4m) • Local is very important and regular contact with local council critical • Toolkit will be kept ‘live’ so please contribute • Professional and managerial demand will continue • Begs the development of core and optional modules • Government needs an industrial strategy * • It’s time for a change – for FECs to refresh their own higher level skills strategy • We’re here to help!!

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