New research by global heat transfer specialists Serck reveals that despite increases in both STEM (Science, Technology, Engineering and Maths) university applications and employees joining STEM careers, the government’s ‘Levelling Up’ target of reaching 200,000 by 2030 is not likely to happen.
To discover whether the initiative is on track, Serck analysed 3 years of UCAS acceptance data as well as Office of National Statistics (ONS) Labour Market datasets to give a holistic view of the rate at which people are currently joining the STEM industry.
Staggeringly, the UCAS data illustrated a 3% increase in students opting to take on an engineering and technology course, and if this rate of growth continues,the number of UCAS acceptances willonlybe 36,350 by 2030.