UK productivity and skills
Making Skills Work: The Path to Solving the Productivity Crisis; Interview with Patrick Craven, City & Guilds.
Since the 2008 financial crisis, growth in productivity has stagnated in the UK. The economy has performed particularly badly relative to those of comparable countries.
A new report from City & Guilds assesses the link between skills and productivity and follows the Government's announcement over the Summer about the founding of Skills England, a new body that will bring together key partners to meet the skills needs of the next decade.
The report finds that half of employers don't have the skills they need and there is widespread pessimism that the skills system is poorly equipped to prepare people for their career.
It states that there are many complex and competing theories on how this ‘productivity puzzle’ can be solved, and that skills development is the only meaningful solution; if present skills challenges are not addressed, then the productivity problem will always be a problem.
Patrick Craven from City & Guilds discusses the report on Learning News.
Programme Links
Making Skills Work: The Path to Solving the Productivity Crisis
Skills England