#๐™Ž๐™ ๐™ž๐™ก๐™ก๐™จ ๐™๐™–๐™ซ๐™š ๐™ช๐™ฃ๐™ž๐™ฆ๐™ช๐™š ๐™ฆ๐™ช๐™–๐™ก๐™ž๐™ฉ๐™ž๐™š๐™จ, ๐™˜๐™ค๐™ข๐™ฅ๐™–๐™ง๐™š๐™™ ๐™ฉ๐™ค ๐™ค๐™ฉ๐™๐™š๐™ง ๐™›๐™–๐™˜๐™ฉ๐™ค๐™ง๐™จ ๐™ค๐™› ๐™ฅ๐™ง๐™ค๐™™๐™ช๐™˜๐™ฉ๐™ž๐™ค๐™ฃ.

by | Mar 7, 2025 | Uncategorized | 0 comments

In my experience as an advisor to local and city leaders, it’s worth remembering these 10 key points:

1๏ธโƒฃ๐—ฆ๐—ธ๐—ถ๐—น๐—น๐˜€ ๐—ฟ๐—ฒ๐˜€๐—ถ๐—ฑ๐—ฒ ๐˜„๐—ถ๐˜๐—ต ๐˜„๐—ผ๐—ฟ๐—ธ๐—ฒ๐—ฟ๐˜€, and can be withdrawn and deployed at the workerโ€™s discretion.

2๏ธโƒฃ๐—ฆ๐—ธ๐—ถ๐—น๐—น๐˜€ ๐—ฐ๐—ฎ๐—ป ๐—ฏ๐—ฒ ๐—ฑ๐—ถ๐—ณ๐—ณ๐—ถ๐—ฐ๐˜‚๐—น๐˜ ๐˜๐—ผ ๐—ฐ๐—ผ๐—ฑ๐—ถ๐—ณ๐˜† โ€“ they can be attitudes or personal attributes, as much as technical understanding and qualifications.

3๏ธโƒฃSome employers can find it difficult to fully understand the current and future skills needs, or plan for and delivery recruitment and skills development. Some employers lack the capacity, capability and/or resources to diagnose skills needs and deliver to them. ๐—ง๐—ต๐—ถ๐˜€ ๐—ฟ๐—ฒ๐—ฝ๐—ฟ๐—ฒ๐˜€๐—ฒ๐—ป๐˜๐˜€ ๐—ฎ๐—ฏ๐—ผ๐˜‚๐˜ ๐Ÿฑ๐Ÿฌ% ๐—ผ๐—ณ ๐—ฒ๐—บ๐—ฝ๐—น๐—ผ๐˜†๐—ฒ๐—ฟ๐˜€. This is makes it hard to respond to employer skills needs – if the employers themselves don’t know what they are.

4๏ธโƒฃEmployers and workers tend to operate in an ๐—ผ๐—ฝ๐—ฒ๐—ป ๐—บ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜, where workers are mobile. This can make it challenging to implement simple solutions or measures.

5๏ธโƒฃEmployers and individuals have ๐—ถ๐—บ๐—ฝ๐—ฒ๐—ฟ๐—ณ๐—ฒ๐—ฐ๐˜ ๐—ถ๐—ป๐—ณ๐—ผ๐—ฟ๐—บ๐—ฎ๐˜๐—ถ๐—ผ๐—ป about skills, qualifications and jobs.

6๏ธโƒฃ๐—˜๐—ฑ๐˜‚๐—ฐ๐—ฎ๐˜๐—ถ๐—ผ๐—ป ๐—ฝ๐—ฟ๐—ผ๐˜ƒ๐—ถ๐—ฑ๐—ฒ๐—ฟ๐˜€ ๐˜๐—ฟ๐—ฎ๐—ฑ๐—ถ๐˜๐—ถ๐—ผ๐—ป๐—ฎ๐—น๐—น๐˜† ๐—ฟ๐—ฒ๐—พ๐˜‚๐—ถ๐—ฟ๐—ฒ ๐—น๐—ผ๐—ป๐—ด ๐—น๐—ฒ๐—ฎ๐—ฑ ๐˜๐—ถ๐—บ๐—ฒ๐˜€ to change education and skills provision. They also need stable, long-term funding platforms.

6๏ธโƒฃ๐—ฆ๐—ธ๐—ถ๐—น๐—น๐˜€ ๐—ฝ๐—ฟ๐—ผ๐—ด๐—ฟ๐—ฒ๐˜€๐˜€๐—ถ๐—ผ๐—ป ๐—ถ๐—ป-๐˜„๐—ผ๐—ฟ๐—ธ ๐—ถ๐˜€ ๐—ฐ๐—ฟ๐—ถ๐˜๐—ถ๐—ฐ๐—ฎ๐—น๐—น๐˜† ๐—ถ๐—บ๐—ฝ๐—ผ๐—ฟ๐˜๐—ฎ๐—ป๐˜. Particularly in an era of labour shortages and an ageing workforce.

7๏ธโƒฃ๐—˜๐—บ๐—ฝ๐—น๐—ผ๐˜†๐—ฒ๐—ฟ๐˜€ ๐—ผ๐—ณ๐˜๐—ฒ๐—ป ๐—ด๐—ฒ๐˜ ๐—ฐ๐—ผ๐—ป๐—ณ๐˜‚๐˜€๐—ฒ๐—ฑ ๐—ฎ๐—ฏ๐—ผ๐˜‚๐˜ ๐˜๐—ต๐—ฒ ๐˜€๐—ธ๐—ถ๐—น๐—น๐˜€ ๐˜€๐˜†๐˜€๐˜๐—ฒ๐—บ, who provides what, what is available, and this can lead to disengagement.

8๏ธโƒฃ๐—ง๐—ต๐—ฒ๐—ฟ๐—ฒ ๐—ถ๐˜€ ๐—ป๐—ผ ๐—ฐ๐—น๐—ฒ๐—ฎ๐—ฟ ๐˜‚๐—ป๐—ฑ๐—ฒ๐—ฟ๐˜€๐˜๐—ฎ๐—ป๐—ฑ๐—ถ๐—ป๐—ด ๐—ผ๐—ณ ๐˜„๐—ต๐—ฎ๐˜ “๐—ฒ๐—บ๐—ฝ๐—น๐—ผ๐˜†๐—ฒ๐—ฟ-๐—น๐—ฒ๐—ฑ ๐˜€๐—ธ๐—ถ๐—น๐—น๐˜€” ๐—บ๐—ฒ๐—ฎ๐—ป๐˜€. Employers mostly aren’t interested in attending quarterly meetings with the public sector, but if you ask them – skills is usually the highest ranking priority where the public sector has a role.

9๏ธโƒฃFor me – local skills policy and delivery its about ensuring that ๐—ฒ๐—ป๐˜๐—ฟ๐˜†-๐—น๐—ฒ๐˜ƒ๐—ฒ๐—น ๐—ฐ๐—ฎ๐—ป๐—ฑ๐—ถ๐—ฑ๐—ฎ๐˜๐—ฒ๐˜€ ๐—ต๐—ฎ๐˜ƒ๐—ฒ ๐˜๐—ต๐—ฒ ๐—ฐ๐—ผ๐—ฟ๐—ฒ ๐˜€๐—ธ๐—ถ๐—น๐—น๐˜€ ๐—ฎ๐—ป๐—ฑ ๐—ฎ๐—ฝ๐˜๐—ถ๐˜๐˜‚๐—ฑ๐—ฒ๐˜€ for the employer to train up into the job roles they require.

๐Ÿ”ŸFinally โ€“ and crucially, the economy and labour market are ๐—ฑ๐˜†๐—ป๐—ฎ๐—บ๐—ถ๐—ฐ. They are a series of flows and transactions, and are not static. Labour and skills needs and requirements change over time. The supply of labour changes with demography and immigration policies. This presents some significant challenges for governments, employers and education and training providers.

Written by

Related Posts

Monthly UK economic outlook: April 2025

Monthly UK economic outlook: April 2025

February's high rate of GDP growth surprises many The UK economy surpassed analyst's expectations with its 0.5% growth in February. Growth was widespread across services and manufacturing, and marked the fastest monthly pace since March 2024. The GDP figures predate...

read more
The UK economy is vulnerable if there is a global economic downturn

The UK economy is vulnerable if there is a global economic downturn

From the FT today: ๐™๐™๐™š ๐™๐™† ๐™š๐™˜๐™ค๐™ฃ๐™ค๐™ข๐™ฎ ๐™ž๐™จ ๐™ž๐™ฃ ๐™– ๐™ซ๐™ช๐™ก๐™ฃ๐™š๐™ง๐™–๐™—๐™ก๐™š ๐™ฅ๐™ค๐™จ๐™ž๐™ฉ๐™ž๐™ค๐™ฃ ๐™ž๐™› ๐™ฉ๐™๐™š๐™ง๐™š ๐™ž๐™จ ๐™– ๐™œ๐™ก๐™ค๐™—๐™–๐™ก ๐™š๐™˜๐™ค๐™ฃ๐™ค๐™ข๐™ž๐™˜ ๐™™๐™ค๐™ฌ๐™ฃ๐™ฉ๐™ช๐™ง๐™ฃ. Post-financial crisis and pandemic struggles have only been worsened by unpredictable U.S. policies.๐—จ๐—ž ๐—ฃ๐—ฟ๐—ผ๐—ฑ๐˜‚๐—ฐ๐˜๐—ถ๐˜ƒ๐—ถ๐˜๐˜† ๐—ด๐—ฟ๐—ผ๐˜„๐˜๐—ต ๐—ต๐—ฎ๐˜€ ๐—ฐ๐—ผ๐—น๐—น๐—ฎ๐—ฝ๐˜€๐—ฒ๐—ฑ. Between 2007 and 2024, UK...

read more
Pivoting local enterprise support in response to an economic crisis

Pivoting local enterprise support in response to an economic crisis

๐™€๐™˜๐™ค๐™ฃ๐™ค๐™ข๐™ž๐™˜ ๐™š๐™ซ๐™š๐™ฃ๐™ฉ๐™จ ๐™˜๐™–๐™ฃ ๐™–๐™›๐™›๐™š๐™˜๐™ฉ ๐™ง๐™–๐™ฉ๐™š๐™จ ๐™ค๐™› ๐™š๐™ฃ๐™ฉ๐™ง๐™š๐™ฅ๐™ง๐™š๐™ฃ๐™š๐™ช๐™ง๐™จ๐™๐™ž๐™ฅ ๐™–๐™ฃ๐™™ ๐™จ๐™๐™–๐™ฅ๐™š ๐™ฉ๐™๐™š ๐™™๐™š๐™ข๐™–๐™ฃ๐™™ ๐™›๐™ค๐™ง ๐™ก๐™ค๐™˜๐™–๐™ก ๐™š๐™ฃ๐™ฉ๐™š๐™ง๐™ฅ๐™ง๐™ž๐™จ๐™š ๐™จ๐™ช๐™ฅ๐™ฅ๐™ค๐™ง๐™ฉThe economic cycle can affect entrepreneurship rates. The 2022 GEM survey for the UK found that the market uncertainty caused by macroeconomic policy mistakes of the...

read more
What should local economic developers be doing in response to the emerging global economic crisis?

What should local economic developers be doing in response to the emerging global economic crisis?

๐™๐™๐™š ๐™œ๐™ก๐™ค๐™—๐™–๐™ก ๐™š๐™˜๐™ค๐™ฃ๐™ค๐™ข๐™ฎ ๐™ž๐™จ ๐™œ๐™ค๐™ž๐™ฃ๐™œ ๐™ฉ๐™๐™ง๐™ค๐™ช๐™œ๐™ ๐™– ๐™˜๐™ง๐™ž๐™จ๐™ž๐™จ.I've closely monitored three major recessions in my career now. The main things to remember are:- Don't rely on official statistics to define and inform the economic picure so much as they lag behind current event by quite...

read more