Economy 2030 Learning to grow How to situate a skills strategy in an economic strategy 24 October 2023 by Rui Costa and Sandra McNally and Guglielmo Ventura and Louise Murphy and Anna Valero Investing in human capital is a crucial aspect of building an economy that is both more productive and fairer, and any growth strategy must incorporate an agenda for increasing human capital and workforce skills within that. So how should we approach the task of developing a skills strategy that complements a broader economic strategy? In … Continued READ MORE
Applying the Robbins Principle to Further Education and Apprenticeships Steering economic change 24 October 2023 by Richard Layard and Sandra McNally and Guglielmo Ventura Britain does well at higher education, and badly for its non-graduates. The main problem is our failure to train more people when they are young. Shockingly, 30 per cent of 18 year olds are not in education or training – many more than in our competitor countries. Low skills for this group are a major … Continued READ MORE
Economy 2030· Skills Train in Vain? Skills, tasks, and training in the UK labour market 5 December 2022 by Nye Cominetti and Rui Costa and Andrew Eyles and Kathleen Henehan and Sandra McNally Human capital and skills are important for improving the UK’s labour market and economic performance. This note assesses how the skills needed in the UK labour market have changed over past decades, and how well placed our system of training – and particularly on-the-job training – is to help us adapt to these changes. Some … Continued READ MORE