#skillsgap

[ukmploymentlawnews]

Sluggish AI Adoption May Cost UK £200bn Economic Boost

[savingsuk]

Labor Market & Employment Trends

The dynamic landscape of the labor market is experiencing significant shifts driven by emerging trends such as the Gig Economy, Remote Work, Job Automation, Workforce Diversity, and Skills Gap. These trends are reshaping the way we work, hire, and develop talent in today's interconnected world. In this article, we will explore the implications and opportunities presented by these key factors influencing the labor market and employment trends. From the rise of flexible work arrangements to the challenges posed by automation and the importance of fostering diversity, we will delve into the nuances of these trends and their impact on the workforce. The Rise of the Gig Economy Defining the Gig Economy The gig economy is like a choose-your-own-adventure book for work. It's all about short-term, flexible jobs that let you be your own boss and dictate your own schedule. #GigEconomy #JobAutomation #RemoteWork #SkillsGap #WorkforceDiversity Read the full article

[spectrumtalentmanagement]

The job crisis and skills gap are widening. Vocational training is the solution to preparing a future-ready workforce with hands-on skills. Read more https://bit.ly/40VmdFc

[thehrhelpboard]

A Training Needs Assessment identifies skills gaps, performance issues, and learning requirements within an organization, helping to align training programs with business goals and employee development needs.

https://bit.ly/3ZMPb8p

[memet-6]

The Thought Process of Those Worried About Losing Jobs to AI

The thought process of people who are concerned about losing their jobs to AI is based on various factors. Here are some key points:

Economic Anxiety:

"What will I do to make a living if AI automates my job?" "It takes time and money to learn new skills, but is it worth the investment?" Obsolescence of Skills:

"Will my skill set become outdated?" "If AI transforms my entire industry, can I keep up with the new technology?" Loss of Identity:

"If I lose my job, what will happen to my sense of value and identity?" "I take pride in my current job, and it’s painful to think that AI could replace me." Changes in the Labor Market:

"How will the labor market change as AI becomes more prevalent?" "New jobs may be created, but will I be able to find a job that suits me?" Social Impact:

"What impact will the widespread adoption of AI have on society as a whole?" "Will inequality widen?" Ethical Concerns:

"Can AI make ethical decisions?" "I'm worried about whether AI's decisions will be fair." These concerns are varied, but they share a common thread of uncertainty about the future and fear of change. As AI adoption progresses, how individuals and companies adapt will be a crucial issue.

[usnewsper-business]

Unlocking Career Success: How Apprenticeships Bridge the Skills Gap #apprenticeships #careerprospects #skillsgap #studentdebt #workforcedevelopment

[usnewsper-politics]

Florida Governor Proposes Exciting Changes to Higher Education for Better Job Opportunities and Economic Growth! #advancedmanufacturing #affordability #apprenticeships #diversityincourseofferings #economicprosperity #emergingindustries #Floridahighereducation #healthcare #highereducationpolicy #jobmarket #onlinecourses #rondesantis #skillsgap #STEMprograms #studentdebt #technicalskills #technology #traditionalacademicdisciplines #vocationaltraining #workforcedevelopment

[visamintglobal]

Breaking News: Italy Opens Doors to Migrants in Response to Skilled Worker Shortage

In a surprising turn of events, Italian Prime Minister Giorgia Meloni has pivoted on her stance towards unauthorized migrant arrivals, citing a critical shortage of skilled labor in Italy's workforce. As the nation grapples with a looming crisis, reports indicate a mounting demand for skilled workers in key sectors, driven by an impending demographic shift as a significant portion of skilled workers approaches retirement.

This shift in policy, particularly towards boat arrivals, has astounded even the most steadfast advocates of stringent immigration policies. Meloni, known for her tough stance on illegal entry, now emphasizes the importance of migrants using legal channels, envisioning a more sustainable and regulated immigration process. Don't miss out on this game-changing development!

[chillitnz]

Roadmap to Success: A Guide to Creating a Professional Development Plan

🚀 Dive into our latest post on mastering your career journey with a professional development plan! From setting goals to networking tips, we've got the blueprint to your success. Check it out and level up your professional game! #ProfessionalDevelopment

Setting career goals is an important first step in achieving professional success. However, simply stating your career aspirations is not enough. You need a plan to turn your goals into actionable steps that will help you achieve them. A professional development plan can help you do just that. In this blog post, TechEase Solutions will delve into the topic of professional development and explore…

[thxnews]

Government's Skills for Growth Conference Unites Industry Leaders to Shape Workforce of the Future

  Education Secretary Gillian Keegan, Chancellor of the Exchequer Jeremy Hunt, Business and Trade Secretary Kemi Badenoch, Skills Minister Robert Halfon, and Business Minister Kevin Hollinrake are among the notable speakers at the event. The Skills for Growth conference, organized by the UK Government, is a collaborative effort bringing together some of the biggest British and international companies to address urgent recruitment needs and create a future-ready workforce. The conference aims to drive innovation, foster partnerships with businesses, and promote collective growth. Notable speakers at the event include Education Secretary Gillian Keegan, Chancellor of the Exchequer Jeremy Hunt, Business and Trade Secretary Kemi Badenoch, Skills Minister Robert Halfon, and Business Minister Kevin Hollinrake. They are accompanied by the government's independent skills policy adviser, Sir Michael Barber.  

Urgent Need for Skilled Workers

Leading employers such as Google, Amazon, BP, BAE Systems, Virgin Atlantic, Thames Water, Greene King, and Travis Perkins are actively participating in discussions revolving around the future of skills. The pressing need for skilled workers has been underscored by the 1,051,000 job vacancies recorded in the UK in May 2023, as reported by the Office for National Statistics. Nearly a quarter of these vacancies resulted from skills shortages, emphasizing the significance of targeted interventions.  

Building a Future-Ready Workforce

Gillian Keegan, the Education Secretary, highlighted the vital role of skilled workers in propelling organizations forward, drawing an analogy to driving with the handbrake on in the absence of these skills. The government's commitment to investing in future skills for growth and their call for collaborative efforts from businesses underscore the importance of building a workforce that can meet the challenges of tomorrow. Chancellor Jeremy Hunt acknowledged the low unemployment rates in the UK but emphasized the presence of one million job vacancies, which necessitates equipping businesses with the skilled workforce required to bolster the economy and combat inflation. The conference serves as a platform for prominent British businesses to come together and ensure that the workforce is well-equipped to thrive in the evolving landscape. Business and Trade Secretary Kemi Badenoch expressed the need for successful companies to have skilled workforces. She emphasized the significance of understanding and fulfilling business needs through an effective skills system, ultimately fostering the creation of highly skilled jobs and driving economic growth. The conference acts as a crucial conduit for government support and collaboration with businesses to cultivate the necessary skills base for the future job market.  

Government Initiatives and Collaboration

Parallel to the conference, the government is urging employers to embrace apprenticeships, particularly for younger workers, and increase investments in training and upskilling their workforce. Government-backed initiatives such as Skills Bootcamps, Free Courses for Jobs, and an additional £2.7 billion funding for apprenticeships underscore the commitment to bridging skills gaps and enabling businesses to navigate the changing demands of the market.  

Knowledge-Sharing and Collaboration

With over 200 delegates representing various sectors like engineering, aerospace, digital technology, retail, and environmental management, the conference offers a platform for knowledge-sharing and collaboration. Participants, including apprentices, T Level students, individuals pursuing Higher Technical Qualifications, and Skills Bootcamp participants, will share their experiences, highlighting the benefits of government skill programs. The event, delivered in partnership with World Skills UK, showcases the participation of skilled UK professionals in the world's largest competitive skills showcase. Previous winners of World Skills events will also be present to engage in discussions and share their invaluable experiences.  

Driving Economic Growth and Prosperity

By amassing a critical mass of expertise, the Business Connect - Skills for Growth conference aims to inspire business leaders and stimulate economic growth. By creating jobs, fostering prosperity, and providing equal opportunities to people from all backgrounds, the conference aims to address the critical skills gaps that businesses currently face.  

Industry Perspectives on Skills

Google's Senior Director and MD for Technology, Media, Telecoms & Apps, David Black, emphasized the significance of digital skills in boosting productivity and unlocking economic opportunities. Black expressed delight in collaborating with the government to share expertise and address the UK's skills gap, leveraging their extensive reach across the country to train and equip individuals for success in their businesses and careers. Amazon's VP and UK Country Manager, John Boumphrey, stressed the vital role of skills investment in business success and employee satisfaction. Recognizing the need for collaboration among the public, private, and education sectors, Boumphrey emphasized the importance of creating initiatives and pathways to nurture the workforce of the future. Amazon's efforts include offering apprenticeships, retraining opportunities, and improved access to work for underrepresented individuals. Ian Muldowney, Chief Operating Officer of BAE Systems Air Sector, highlighted the crucial role of apprenticeships in ensuring a pipeline of skilled talent that strengthens their workforce and supports UK sovereign capabilities. Drawing from personal experience as a former apprentice, Muldowney underscored the significance of maintaining next-generation skills and ingenuity through apprenticeship programs. Nick Roberts, CEO of Travis Perkins plc and Construction Leadership Council Industry Sponsor for People & Skills, stressed the magnitude of the skills gap in the construction industry and its impact on the UK economy. Roberts emphasized the need for diverse and skilled workforces, outlining the Construction Leadership Council's plan to create entry routes for high-skilled, well-paid jobs. He emphasized the importance of partnership with the government to deliver this plan and foster a thriving built environment. Representatives from KPMG UK, PwC, Thames Water, Severn Trent, Virgin Atlantic, Manchester Airports Group (MAG), and other notable organizations echoed the sentiments of driving upskilling, fostering diversity, and investing in the future talent pool. These sentiments were aligned with the government's emphasis on expanding apprenticeship schemes, supporting T-Level students, and providing access to career opportunities.  

A Beacon of Hope for the Future

The Skills for Growth conference serves as a beacon of hope, bringing together influential figures from the government and industry leaders to address the pressing skills gap challenge. By collaborating across sectors and implementing innovative education pathways, the conference seeks to equip the next generation with the skills needed to navigate an AI-powered world and secure the UK's long-term economic and social prosperity. Thames Water's Director of Strategy and External Affairs, Cathryn Ross, stressed the importance of investing in skills to foster successful and sustainable careers. She emphasized expanding apprenticeship schemes and welcoming T-Level students to build a diverse and inclusive workforce. Ross underscored the commitment to social mobility, offering access to career opportunities that drive both personal growth and economic progress. With businesses like Amazon, Google, and BAE Systems actively engaged, the conference's impact is expected to be far-reaching. By leveraging the collective expertise and addressing critical skills gaps, the UK aims to cultivate a workforce that can flourish in an ever-evolving landscape, ensuring a prosperous future for all.   Sources: THX News, Department for Education, Department for Business and Trade, HM Treasury, Kevin Hollinrake MP & The Rt Hon Kemi Badenoch MP. Read the full article

[ukmploymentlawnews]

Employers Continue To Face Unprecedented Staffing Shortages

[halbanese1]

By 2027, about 50% of roles will be affected by...

By 2027, about 50% of roles will be affected by a skills gap. Will yours be one of them? Businesses’ desire to capitalize on advances in AI and automation is a key driver of the skills gap, but it’s not just tech. An aging workforce in some areas, such as engineering, means that much of the talent will soon retire, and not enough people have been entering the field. To remain competitive today and in the near future, organizations need a plan. https://krnfy.bz/4dP6prG \#skillsgap

By 2027, about 50% of roles will be affected by...

By 2027, about 50% of roles will be affected by a skills gap. Will yours be one of them? Businesses' desire to capitalize on advances in AI and automation is a key driver of the skills gap, but it's not just tech. An aging workforce in some areas, such as engineering, means that much of the talent will soon retire, and not enough people have been entering the field. To remain competitive today and in the near future, organizations need a plan. https://krnfy.bz/4dP6prG {hashtag|\#|skillsgap}

Korn Ferry Connect

[spectrumtalentmanagement]

Bridging the skills gap is a continuous journey, crucial for staying competitive in today's job market. Insights from Sumit Sarabhai, our Chief Business Officer at Spectrum Talent Management, shed light on strategies to navigate emerging job trends and make informed career choices.

[amandacooperkf]

By 2027, about 50% of roles will be affected by...

By 2027, about 50% of roles will be affected by a skills gap. Will yours be one of them? Businesses’ desire to capitalize on advances in AI and automation is a key driver of the skills gap, but it’s not just tech. An aging workforce in some areas, such as engineering, means that much of the talent will soon retire, and not enough people have been entering the field. To remain competitive today and in the near future, organizations need a plan. https://krnfy.bz/4dP6prG \#skillsgap

By 2027, about 50% of roles will be affected by...

By 2027, about 50% of roles will be affected by a skills gap. Will yours be one of them? Businesses' desire to capitalize on advances in AI and automation is a key driver of the skills gap, but it's not just tech. An aging workforce in some areas, such as engineering, means that much of the talent will soon retire, and not enough people have been entering the field. To remain competitive today and in the near future, organizations need a plan. https://krnfy.bz/4dP6prG {hashtag|\#|skillsgap}

Korn Ferry Connect

[koentjec69]

Billions poured into corporate training but the...

Billions poured into corporate training but the skills gap persists? Can anything bridge the divide? In the latest episode of our Briefings Podcast, we delve into this burning issue. In front of a live audience, industry talent leaders bring their best strategies to the table. https://lnkd.in/gKuWhBSS \#skillsgap \#skills \#podcast

Billions poured into corporate training but the...

Billions poured into corporate training but the skills gap persists? Can anything bridge the divide? In the latest episode of our Briefings Podcast, we delve into this burning issue. In front of a live audience, industry talent leaders bring their best strategies to the table. https://lnkd.in/gKuWhBSS {hashtag|\#|skillsgap} {hashtag|\#|skills} {hashtag|\#|podcast}

Korn Ferry Connect