No Result
View All Result
Success American Investors
  • News
  • Economy
  • Editor’s Pick
  • Investing
  • Stock
  • News
  • Economy
  • Editor’s Pick
  • Investing
  • Stock
No Result
View All Result
Success American Investors
No Result
View All Result
Home Investing

Skills Crisis: 85% of young people feel they have to move for opportunities

by
September 15, 2023
in Investing
0
Skills Crisis: 85% of young people feel they have to move for opportunities
0
SHARES
2
VIEWS
Share on FacebookShare on Twitter

85 per cent of young people between 16 and 18 feel they have to move for better job opportunities, despite having desirable tech skills, according to Social Mobility Foundation research.

School leavers believe that staying in their area is not an option, with over 80 per cent saying they need to move to get better opportunities. This number rose to over 90 per cent in the north-east, Yorkshire and the east of England.

Derek Mackenzie, CEO at Investigo, part of The IN Group, commented: “Recruiting tech skills has long been an issue for UK businesses so it’s startling that people with tech skills are having to go out of their way to find a job. Especially in the tech sector, where there’s so much potential for transformation and innovation, businesses must offer a platform for school leavers to develop their skills in a working environment, rather than forcing them to move. Unlocking the power of people should be a priority for the UK and greater inclusivity is needed to widen talent pools across the country as well as support tech hubs outside of London.”

The Social Mobility Foundation’s survey polled 2,000 people to discover their attitudes towards job prospects and opportunities from across the UK.

In total, 95% of respondents in the east of England felt they would need to leave to get better opportunities. This is despite many having sought after tech skills that many businesses have struggled to find.

Dr Yi Ding, Assistant Professor of Information Systems at the Gillmore Centre for Financial Technology, commented: “The FinTech and tech industries are crying out for people with digital skills. The UK has taken a nationwide approach to education, with world-class academic research centres across the country, but there is a lack of focus on supporting those leaving education within their local regions. We’re seeing technology such as Generative AI being adopted by many organisations, so it’s vital that these organisations have access to highly skilled staff to guide its evolution.“

Meanwhile, Sjuul van der Leeuw, CEO of Deployteq said: “All industries are continuously innovating through technology, and MarTech is no different, whether it be GenAI, email automation, or virtual production. We need skilled people to lead these innovations and they can be based in any location, demanding that businesses have wide talent pools and support flexible working to support staff.”

“In the creative space, campaigns are often data-driven, requiring analysis and forecasting to map out goals, before then utilising technology such as email automation, and then once again collecting data to analyse campaign performance. Technology is essential at every step, and staff with tech skills must be treated the same way.”

Tech Global Advocates recently claimed that a lack of talent is holding back the UK’s global tech position, with the country falling behind on rolling out digital skills programmes.

A spokesperson from the Department for Levelling Up, Housing and Communities said the department is “devolving power out of Westminster into the hands of local leaders” in order to promote 12 investment zones across the UK and create more high skilled jobs.

Read more:
Skills Crisis: 85% of young people feel they have to move for opportunities

Previous Post

Domestic vs. Commercial Shredding

Next Post

Cornish Lithium kicks off crowdfunding campaign with £2.5m raised from existing shareholders

Next Post
Cornish Lithium kicks off crowdfunding campaign with £2.5m raised from existing shareholders

Cornish Lithium kicks off crowdfunding campaign with £2.5m raised from existing shareholders

Get the daily email that makes reading the news actually enjoyable. Stay informed and entertained, for free.
Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!
  • Trending
  • Comments
  • Latest
Vertica: The new Israeli start-up challenger to Viagra proving ‘life-changing’ for men with ED

Vertica: The new Israeli start-up challenger to Viagra proving ‘life-changing’ for men with ED

February 14, 2024

New working paper: “Shifting Perspectives: An Updated Survey of Environmental and Natural Resource Economists”

May 5, 2025

Last Day to Give in 2023!

December 31, 2023
Idaho Bucks Managed Care Trend

Idaho Bucks Managed Care Trend

December 5, 2023
Reeves shifts blame for looming tax rise to Brexit and austerity ahead of budgeting storm

Reeves shifts blame for looming tax rise to Brexit and austerity ahead of budgeting storm

0

0

0

0
Reeves shifts blame for looming tax rise to Brexit and austerity ahead of budgeting storm

Reeves shifts blame for looming tax rise to Brexit and austerity ahead of budgeting storm

November 4, 2025

“Revolutionary AI Plug-In by Milestone Systems Enhances XProtect, Simplifying Video Review and Response”

November 4, 2025
OpenAI strikes $38 billion deal with Amazon to supercharge AI computing power

OpenAI strikes $38 billion deal with Amazon to supercharge AI computing power

November 4, 2025
Bagels, burgers and seamoss top Deliveroo’s 2025 cravings list

Bagels, burgers and seamoss top Deliveroo’s 2025 cravings list

November 4, 2025

Recent News

Reeves shifts blame for looming tax rise to Brexit and austerity ahead of budgeting storm

Reeves shifts blame for looming tax rise to Brexit and austerity ahead of budgeting storm

November 4, 2025

“Revolutionary AI Plug-In by Milestone Systems Enhances XProtect, Simplifying Video Review and Response”

November 4, 2025
OpenAI strikes $38 billion deal with Amazon to supercharge AI computing power

OpenAI strikes $38 billion deal with Amazon to supercharge AI computing power

November 4, 2025
Bagels, burgers and seamoss top Deliveroo’s 2025 cravings list

Bagels, burgers and seamoss top Deliveroo’s 2025 cravings list

November 4, 2025

Disclaimer: SuccessAmericanInvestors.com, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

  • About us
  • Contact us
  • Privacy Policy
  • Terms & Conditions

Copyright © 2025 SuccessAmericanInvestors. All Rights Reserved.

No Result
View All Result
  • News
  • Economy
  • Editor’s Pick
  • Investing
  • Stock

Copyright © 2025 SuccessAmericanInvestors. All Rights Reserved.