Working futures: 2012-2022

Working futures: 2012-2022
Document type
Report
Author(s)
Wilson, R.; Beaven, R.; May-Gillings, M.
Publisher
UKCES
Date of publication
3 March 2014
Subject(s)
People management: all aspects of managing people
Collection
Business and management
Material type
Reports

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This report presents the fifth in a series of results from Working Futures, the UK Commission’s labour market model.

The model is the most detailed and comprehensive of its kind for the UK, providing a picture of employment prospects by the following parameters:

  • industry
  • occupation 
  • qualification level 
  • gender and employment status for the UK and for nations and English regions up to 2022.

Key findings include:

  • A slow but steady recovery from recession, with around 1.9 million additional jobs by 2022 compared with 2012;
  • Significant increases in the size of the working age population and the economically active workforce but with a slight decline in overall labour market participation rates, reflecting the ageing of the population;
  • Some rebalancing of the economy is expected as a direct consequence of fiscal retrenchment;
  • The manufacturing sector is projected to experience a further (albeit small) decline in its share of total employment;
  • The main source of recovery in employment levels is expected to continue to be focused in the service sector.

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