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Interventionism is suddenly all the rage with the Westminster Conservative government, and higher education is feeling the impact as new policies and legislation are brought to bear on the sector, writes Johnny Rich, Chief Executive of Push and of the Engineering Professors’ Council.
Mike Boxall, an independent researcher and consultant on higher education policies and strategies, and a senior adviser to PA Consulting, considers the emerging post-COVID world and its implications for the future of universities. His blog is based on a paper published recently by PA Consulting, and co-authored with its HE lead, Ian Matthias.
The Westminster government should wake up to the full potential of higher education to help it meet its ‘levelling up’ goals, argues Professor Martin Jones, Deputy Vice-Chancellor at Staffordshire University.
Brexit is unlikely to affect the demand for graduates or halt an upward trend in the number of graduate jobs, some of the UK's largest employers have said.
The Institute of Student Employer's Pulse Survey 2019 has found that firms are increasing their apprentice and graduate vacancies by 27 per cent this year, offering more than 17,000 entry jobs, and nearly three quarters (70 per cent) do not expect Brexit will have any impact on their recruitment needs.
However, more than half (55 per cent) of employers admitted they were unable to find suitable candidates for entry-level jobs last year, with 1,839 jobs left unfilled, and there are concerns that Brexit may make it more difficult to source the talent they need. Filling specialist and technical jobs both at entry level and in more experienced roles is of greater concern than filling more general positions.
Graduate roles continue to dominate the market, accounting for two thirds of posts. However, apprenticeships are growing much more rapidly than graduate jobs. Growth in vacancies is reflected in how much of the apprenticeship levy employers are spending, which is expected to increase by more than a quarter this year.
Demand for graduates has increased the most in the public sector (up 32 per cent). More graduate jobs are also more likely to be found in finance, fast-moving consumer goods, the built environment and IT.
The number of apprenticeships available has increased the most in retail and IT, up 128 per cent and 65 per cent respectively. While there is also significant demand for apprentices in energy, engineering and industry (up 40 per cent), this is the only sector to reduce the number of graduate jobs (3 per cent fall).
Stephen Isherwood, Chief Executive of the ISE said: "It will be welcome news to students and graduates that companies are optimistic about the number of jobs they'll be offering this year. There are more routes into some of the country's best jobs and apprenticeships continue to grow at pace, suggesting the government's apprenticeship strategy is maturing and starting to have the desired effect.
"There are, however, concerns over the supply of talent: that the market is contracting and Brexit may compound the issue and make for an even tougher climate. Getting the specialist and technical skills necessary for businesses to not just survive, but also grow and thrive, will be vital over the coming months and years. Clarity is needed as soon as possible to enable employers to plan."
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