Labour Market Information
The ‘Careerometer’ widget below is a great way to get a quick snapshot of jobs and compare information about pay and projected workforce change, including projected growth or contraction of the workforce and the projected need for replacing retiring workers. This means that a profession might experience a decline in overall numbers, but still need new recruits because of the number of older workers due to retire.
Labour market in the North-East of England
We recommend that you have a look at what is going on in your local area. The LEPs (Local Enterprise Partnerships) take the lead on this. In the region CareerWave tend to work in, the two partnerships are the North East LEP and the Tees Valley Combined Authority LEP. The following links take you to articles about;
National and global trends: the future of work and skills
Of course we can’t just look at one region in isolation. We live in an increasingly interconnected world. Therefore it is important to get some understanding about what is happening across the U.K. and from a global perspective. To do this we need to look for broad trends- what will work look like in the near future and what skills and qualities will we need to develop to find our place in this world.
CareerWave has curated some key resources to help us understand the future work trends. Combined with the regional links above and the career websites below, reading the following will better prepare us for what is to come.
- On a global level, the OECD offer a comprehensive view of The Future of Work. Within this we really like these infographics that provide a quick insight.
- Also globally, the World Economic Forum in 2016 published The Future of Jobs, which focused on employment and skills in the Fourth Industrial Revolution. Read about the 10 skills you need to thrive in this future. EY, one of the world’s biggest professional service companies, has an excellent resource dedicated to this, also called The Future of Work.
- In the UK, The Edge Foundation is an independent education charity that has published 6 excellent bulletins, each casting a ‘spotlight’ on sectors with skills shortages. The sectors are; Engineering, Digital, Creative Industries, Hospitality, Health & Social Care and Construction. There is also an excellent report on the Digital Revolution (also referred to as the Fourth Industrial Revolution).
- The now defunct UK Commission for Employment & Skills (UKCES) is a 2014 report called Careers of the Future. The accompanying infographic is a great visual.
The Careerometer in action on other recommended careers websites
The information held in Careerometer comes from LMI for All. Some of the best career websites use LMI for All, including those that have a database of jobs with key information about each role. The ones we use and like a lot are;
Job search websites
Another excellent source of job information is any website that advertises jobs. Searching by postcode, at any given time, will give you a picture of what work is available and which sectors are dominant in your local area. This includes;
NHS Jobs (get informed about the range of roles available with our biggest employer)