According to a recent report from Business Lincolnshire News, the number of young people aged 16 to 24 who are not in education, employment, or training (NEET) has reached nearly 1 million, marking the highest figure since 2014. This alarming trend highlights a crucial issue for Greater Lincolnshire: the potential loss of its future workforce if employers do not step up to support career education.
Experiences of the Workplace are vital for young people, extending beyond traditional work experience placements. These experiences can include give-an-hour sessions, virtual talks, and school group visits, all of which expose students to various career paths. Engaging with young people in this way helps them envision life beyond school and prepares them for the realities of the job market.
Without employer involvement, many students may leave school lacking the confidence and understanding necessary to transition smoothly into the workplace. This gap in career education can have long-term repercussions on the local talent pool. Experiences of the Workplace not only help students develop essential skills like problem-solving and creativity but also build their overall confidence.
Employers should also consider the implications of not engaging with students. By stepping back, businesses risk losing out on future talent that could contribute to their success. Conversely, those who actively participate in career education often see immediate benefits while making a long-term investment in their workforce.
Evidence from the Employer Standards indicates that businesses that engage strategically in career education report significant advantages. Employers who provide work experience opportunities are 77% more likely to experience business benefits compared to those who do not.
Moreover, skills gaps could widen in key industries across Greater Lincolnshire if employers do not take action. By participating in Experiences of the Workplace, businesses can boost employee morale, enhance their reputation within the community, and attract fresh ideas and perspectives.
The Future Skills Questionnaire reveals that student interest aligns closely with key sectors identified in the Industrial Strategy. Among Year 11 students, the most popular sectors include Creative Industries (20%), Health (16%), Engineering (16%), Construction (11%), and Digital (9%). Notably, STEM entries have increased by over 21% since 2017, indicating a growing interest in these fields.
The consequences of employers not engaging are significant. Young people may miss out on opportunities to develop essential skills, and local businesses could feel the long-term impact on their talent pipeline. That's why many employers are integrating careers education into their broader strategies, fostering future growth while strengthening the community.
For local businesses, this initiative offers a practical approach tailored to the needs of the region's industries and workforce. Are you considering how your business could get involved in shaping the future of our community's young talent?