By 2030, research shows that about 20% of the current UK labour market won’t have the required skills, and that this will be felt most acutely across digital and people skills. The impending skills shortage risks stifling economic growth across the UK, limiting employment opportunities and earnings, and negatively impacting overall performance, productivity, and prosperity.
One of the Government’s key initiatives to tackle this head on is its ‘levelling up’ agenda and, which aims to give people and communities that feel they have been left behind, a chance to catch up. At Collab Group, we hold a growing concern that this key government initiative could be derailed by a collective bias towards universities.