The latest ‘Labour market and skills projections: 2017 to 2027′, undertaken by IER’s Professor Rob Wilson and his team, including IER’s Sally-Anne Barnes, Derek Bosworth and David Owen and researchers at Cambridge Econometrics, have just been published by the Department for Education. Working Futures 2017-2027 is the latest in a series of quantitative assessments of the employment prospects in the UK labour market over a 10-year horizon. It presents historical trends and future prospects by sector for the UK and its constituent nations and the English regions.
The study shows that overall the number of jobs in the UK is projected to rise by around 1 million over the next decade with more of these jobs expected to be taken by female workers than male. The unemployment rate is expected to rise slightly and the expansion of the UK’s labour supply is forecast to slow over the next decade, curbed by slower population growth (than during 2007-2017) and an ageing population. The reports are now available to download.
Follow the LMI for All twitter account for updates on other published outputs from the study, including the release of updated data in the LMI for All database.