Nine out of ten jobs in the future will require vocational qualifications3rd June 2014
A new report published by The Institute of Public Policy Research (IPPR) has found that by 2022 – nine out of ten of the most in-demand occupations of the future will be attained by completing vocational qualifications.
Their analysis found that despite policymakers focusing on increasing the number graduates in the economy, a large number of jobs will be created in sectors that tend to rely on vocational education and qualifications. For example, there is set to be an additional 3.6 million jobs in medium-skilled occupations by 2022 – including associate professionals in health care, skilled trades and public service professionals – all of which employ large numbers of people with level-3 and level-4 vocational qualifications or apprenticeships.
Analysis also indicated that the number of jobs created as a result of people retiring or leaving the workforce will dwarf the number of jobs created as a result of business growth will be in very different occupations; and that the creation of high-skilled jobs has not kept pace with the very rapid increase in education and qualifications. A fifth of all workers in low-skilled occupations have a higher education qualification.
In light of these findings, IPPR have argued that it is clear that Britain needs stronger and better-quality vocational education, coupled with new business models that make better use of workforce skills and enable companies to move up the value chain to take advantage. To achieve such an outcome, employers will need to engage in a more meaningful way in vocational education and skills development.