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Posted By Careermap on 18/02/2019 in Apprenticeship Sector News Stories

Apprenticeships could be the answer to skill shortage

Apprenticeships could be the answer to skill shortage

Do you think apprenticeships are the answer to the UK’s skills shortage? They certainly could be! The UK’s skills shortage is of particular concern and it needs addressing. As we leave the EU it could get worse because of the departure of skilled Europeans. Did you know that between 2009 and 2015 1 in 6 people being hired in the technology industry were European Union citizens?

What is the skills gap? 

The skills gap is defined by the skills potential employees possess in comparison to the skills employers need and want when considering hiring someone to fill their job vacancy. Many graduates are falling short of the skills employers want and need because of the way we educate young people today. 

The issue is that schools aren’t adapting to the changes in the job market and teaching young people core skills from a young age. For instance, technology is massively changing the world around us, it’s already having a huge impact on a variety of industries and through further advancements, it’s only going to continue evolving the jobs market in the near future. 

Another problem to take into account is that universities are focusing on just teaching as opposed to teaching students essential life skills. 53% of employers believe too much emphasis is placed on learning out of a textbook instead of real-life experience. 

How can apprenticeships help skill shortage?

Apprenticeships could be the answer to the UK’s skill shortage because the training is tailored to equip young people with in-demand skills which employers want and need! Employers and employees work together to ensure the young person develops a skill set that both are happy with which ultimately closes the skills gap. 

Which industries are suffering the most from the skill shortage?

STEM companies are struggling the most in the skills gap with 89% of businesses struggling to recruit in 2018. It is expected that over the next 10 years the job roles in STEM will double which could lead to an impact on the economy if we don’t address the UK’s skills shortage now. STEM subjects cover Science, Technology, Engineering and Maths. 

Wise is committed to engaging girls with STEM careers. The industry is looking to attract more girls and tackling the stereotypes is essential in doing so. In 2017 just 24% of the STEM workforce were women, because of this the government have pledged to find a gender balance in the STEM industry.  

Do you think apprenticeships could help solve the UK’s skill shortage?

Through the investment of high-quality apprenticeships, this could help close the UK’s skill gap because apprenticeships provide insight into the working environment through on the job training combined with theory-based learning. Employers can help apprentices to build world-class skills while also developing their workforce with homegrown talent. It's a win-win situation. 

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