SWLEP Labour Market Intelligence Report Nov 2020 Highlights
Discover key insights from the SWLEP Intelligence reports regarding skills supply, demand imbalance, inclusive growth, STEM skills, employee health, apprenticeships, and more. Gain valuable information on job postings and apprenticeship trends in the SWLEP region. Explore how various datasets contribute to the overall labor market analysis.
Download Presentation
Please find below an Image/Link to download the presentation.
The content on the website is provided AS IS for your information and personal use only. It may not be sold, licensed, or shared on other websites without obtaining consent from the author. Download presentation by click this link. If you encounter any issues during the download, it is possible that the publisher has removed the file from their server.
E N D
Presentation Transcript
ONLY DISSEMINATE WITH PERMISSION OF THE SWLEP ONLY DISSEMINATE WITH PERMISSION OF THE SWLEP ONLYDISSEMINATEWITHPERMISSIONOFTHE SWLEP Labour Market Intelligence SWLEP Nov 2020
ONLYDISSEMINATEWITHPERMISSIONOFTHE SWLEP Contents Intelligence sources Key insights
ONLYDISSEMINATEWITHPERMISSIONOFTHE SWLEP Intelligence reports are an important part of the Swindon and Wiltshire Skills Plan PRIORITY 1: ADDRESSSKILLSSUPPLYANDDEMANDIMBALANCE PRIORITY 2: ENSUREINCLUSIVEGROWTH Higher Education Meet the requiring STEM skills Employee Health Promote employees Intelligence Improve use intelligence Aspirations & Employability Raise Apprenticeships Achieve a step of skills and labour market change in take- up and achievement of apprenticeships demand for high skill jobs, in particular those aspirations and improve employability of under- represented groups programmes to improve physical and mental health of
ONLYDISSEMINATEWITHPERMISSIONOFTHE SWLEP Intelligence reports piece together and corroborate information from several datasets Online Job & Apprenticeship Postings Unemployment Data Claimant Counts Job Retention (CJRS) & Self- Employment Support (SEISS) HR1 Data
ONLYDISSEMINATEWITHPERMISSIONOFTHE SWLEP Contents Intelligence sources Key insights
ONLYDISSEMINATEWITHPERMISSIONOFTHE SWLEP Job postings continued to grow in Oct, but apprenticeships falling since Aug peak SWLEP vs. UK Job Postings, Oct 2019 - Oct 2020 SWLEP vs. UK Apprenticeship Postings, Oct 2019 - Oct 2020 Chancellor announces apprenticeship scheme Aug 20 800000 8000 700000 7000 12000 120 Jan 21 (8 Jul) 600000 6000 10000 100 SWLEP Vacancies UK Vacancies 500000 5000 SWLEP Vacancies 8000 80 UK Vacancies 400000 4000 6000 60 300000 3000 4000 40 2nd lockdown from 5 Nov 200000 2000 2000 20 100000 1000 0 0 0 0 UK SWLEP UK SWLEP Source: Labour Insights Data, SWLEP Analysis
ONLYDISSEMINATEWITHPERMISSIONOFTHE SWLEP However, vacancies for most industries remain depressed SWLEP Job Postings by Industry (% Total) Apr-Oct 2020 vs. Apr-Oct 2019 HUMAN HEALTH AND SOCIAL WORK ACTIVITIES PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES EDUCATION The only sector with a YoY increase in job postings TRANSPORTATION AND STORAGE REAL ESTATE ACTIVITIES ACTIVITIES OF HOUSEHOLDS AS EMPLOYERS; ELECTRICITY, GAS, STEAM AND AIR CONDITIONING SUPPLY WATER SUPPLY; SEWERAGE, WASTE MANAGEMENT AND OTHER SERVICE ACTIVITIES AGRICULTURE, FORESTRY AND FISHING Broadly in line with national averages, however some indicators suggest that Financial & Insurance and Arts, Entertainment & Recreation are more affected in SWLEP MINING AND QUARRYING ACTIVITIES OF EXTRATERRITORIAL ORGANISATIONS AND BODIES PUBLIC ADMINISTRATION AND DEFENCE; COMPULSORY ARTS, ENTERTAINMENT AND RECREATION MANUFACTURING ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES CONSTRUCTION FINANCIAL AND INSURANCE ACTIVITIES INFORMATION AND COMMUNICATION WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES ACCOMMODATION AND FOOD SERVICE ACTIVITIES -6% -4% -2% 0% 2% 4% 6% 8% 10% 12% Source: Labour Insights Data, SWLEP Analysis
ONLYDISSEMINATEWITHPERMISSIONOFTHE SWLEP and for most occupations SWLEP Job Postings by Occupation (% Total), Apr-Oct 2020 vs. Apr-Oct 2019 BUSINESS AND PUBLIC SERVICE ASSOCIATE PROFESSIONALS SALES OCCUPATIONS CUSTOMER SERVICE OCCUPATIONS ADMINISTRATIVE OCCUPATIONS TEXTILES, PRINTING AND OTHER SKILLED TRADES PROCESS, PLANT AND MACHINE OPERATIVES SECRETARIAL AND RELATED OCCUPATIONS LEISURE, TRAVEL AND RELATED PERSONAL SERVICE OCCUPATIONS CULTURE, MEDIA AND SPORTS OCCUPATIONS SCIENCE, ENGINEERING AND TECHNOLOGY ASSOCIATE ELEMENTARY ADMINISTRATION AND SERVICE OCCUPATIONS SKILLED CONSTRUCTION AND BUILDING TRADES ELEMENTARY TRADES AND RELATED OCCUPATIONS PROTECTIVE SERVICE OCCUPATIONS SKILLED AGRICULTURAL AND RELATED TRADES CORPORATE MANAGERS AND DIRECTORS OTHER MANAGERS AND PROPRIETORS HEALTH AND SOCIAL CARE ASSOCIATE PROFESSIONALS The only 2 occupations with an actual increase in job postings SKILLED METAL, ELECTRICAL AND ELECTRONIC TRADES TRANSPORT AND MOBILE MACHINE DRIVERS AND OPERATIVES BUSINESS, MEDIA AND PUBLIC SERVICE PROFESSIONALS TEACHING AND EDUCATIONAL PROFESSIONALS SCIENCE, RESEARCH, ENGINEERING AND TECHNOLOGY HEALTH PROFESSIONALS CARING PERSONAL SERVICE OCCUPATIONS -3% -2% -1% 0% 1% 2% 3% 4% 5% Source: Labour Insights Data, SWLEP Analysis
ONLYDISSEMINATEWITHPERMISSIONOFTHE SWLEP across most locations Job Postings by Town, April - October 2020 vs. 2019 Swindon Salisbury Chippenham Malmesbury Tidworth Marlborough Devizes Melksham Calne Pewsey Mere Heywood Ludgershall Colerne Only 5 towns have seen an actual increase in job Bradford-on-avon Warminster Wootton Bassett postings Westbury Trowbridge Corsham -5000 -4000 -3000 -2000 -1000 0 1000 Source: Labour Insights Data, SWLEP Analysis
ONLYDISSEMINATEWITHPERMISSIONOFTHE SWLEP and SWLEP still has more 18-24-year-old claimants than England overall SWLEP vs. England Claimants (% Residents aged 16-64), Sep 2019 - Sep 2020 SWLEP vs. England 18-24-Year-Old Claimants (% Total), Sep 2019 - Sep 2020 7 21% 20% 6.6 6 20% 19% 5 4.8 19% 4 19% 2.8 3 18% 2 17% 1 1.9 0 16% May 2020 May 2020 September 2019 February 2020 March 2020 September 2020 September 2019 February 2020 March 2020 September 2020 June 2020 October 2019 November 2019 April 2020 October 2019 November 2019 April 2020 June 2020 December 2019 January 2020 July 2020 December 2019 January 2020 August 2020 July 2020 August 2020 SWLEP England SWLEP England Source: Labour Insight & ONS Data, SWLEP Analysis
ONLYDISSEMINATEWITHPERMISSIONOFTHE SWLEP Number of furloughed continued to decline through August Take up of furlough as of 31 Aug was below the national average (10%) at 8% for Swindon and 9% for Wiltshire Significantly lower than in Jun when Swindon and England had 30% and Wiltshire 28% take-up UK Number of Employments Furloughed per Day CJRS 10,000,000 8.9m -63% 9,000,000 8,000,000 7,000,000 6,000,000 5,000,000 3.3m 4,000,000 Claims for the second grant of SEISS to 30 September 2020 reached nearly 22k claims across Swindon and Wiltshire adding up to 59m 68% of self-employed in Swindon and 60% in Wiltshire claiming support (67% England average) 3,000,000 2,000,000 1,000,000 0 SEISS 04 June 2020 23 June 2020 12 July 2020 31 July 2020 08 April 2020 27 April 2020 19 August 2020 01 March 2020 20 March 2020 16 May 2020
ONLYDISSEMINATEWITHPERMISSIONOFTHE SWLEP How can we use / have been using this information Employers Working with providers to develop course content for the skills in demand Providing work placements and offering apprenticeships Using intelligence to inform recruitment Providers Curriculum planning based on labour market needs Involving employers at that early stage Influencing content of funding bids, linking them to identified priorities Greater cross-college alignment to fill gaps in provision in the local area
ONLYDISSEMINATEWITHPERMISSIONOFTHE SWLEP Recap SWLEP job & apprenticeship postings After c. 50% drop in Mar, job postings continued to recover Oct 20 slightly above Oct 2019; but apprenticeships growth slowed in Sep and Oct after a strong Aug Claimant figures SWLEP remains better than England overall, but worse for 16-24-year olds HR1 data SWLEP reporting above-average levels of Financial & Insurance redundancies and Arts, Entertainment & Recreation Coronavirus Job Retention Scheme (CJRS) and Self-Employment Income Support Scheme (SEISS), as at 31 Aug 2020 Take up of furlough below the national average (10%) at 8% for Swindon and 9% for Wiltshire For self employed, Swindon s take-up rate (70%) slightly above the national average (67%) and Wiltshire s below (61%) Fact-based decision making Using LMI in our decision making, as an important driver of our actions
