LLEP Priorities

14th November 2012

Caroline BoucherEconomic Intelligence Manager

Contents

• Role of LLEP

• Economic Growth Plan Priorities • Skills Needs Assessments Early Findings

Role of LLEP

To lead economic growth in Leicester & Leicestershire by:

Engaging with businesses, local authorities, voluntary sector, HE and FE

Influencing national Government economic policy and spend, including national contracts

Facilitating local partnership working and relations with national Government

Investing LLEP funding and partner resources to achieve economic growth

Ambition

By 2020 we will:

• Create 25,000 private sector jobs

• Attract £2b private sector investment

• Increase GVA by £4b to £23b

Match skills supply with demand

Increase availability of employment land and infrastructure

Support enterprise growth and investment

Match available capital to enterprise growth

Strategic Objectives

Economic Priorities

Match skills supply with demand

Improve engagement between employers and training providers

Increase number and flexibility of work placements, apprenticeships and internships

Improve careers advice in schools, FE and HE

Address worklessness by raising ambition and employability skills

Increase availability of employment land and infrastructure

Increase the availability of 'fit for purpose' high quality employment land and premises

Ensure transport infrastructure supports future economic growth

Promote the need for high quality digital infrastructure

Increase the provision of a range of quality housing to support economic growth

Support enterprise growth and investment

Provide effective business support to assist enterprises to start and grow

Support innovation and technologies for new processes and product development

Attract foreign and domestic inward investment

Simplify business regulation through the Better Business for All Project

Support local SMEs to procure public and private sector contracts

Match available capital to enterprise growth

Secure European and national Government funding

Improve access to capital finance for SMEs

Invest LLEP resources to support economic growth

Utilise public sector assets for economic growth

Employment & Skills Task & Finish Group – sub-group of LLEP Board oversees activities.

• Skills Demand Plan – work has started on LLEP wide skills needs assessments (also MIRA Skills Plan)

• Embedding training and apprenticeship opportunities into key physical developments and into local authorities

• Increasing work experience placements for young people and promoting volunteering

• Improving access to careers advice in schools, FE and HE

Match skills supply with demand

LLEP role is around employer engagement, influencing partnerships, funding, providing labour market information.

• Encourage local employers to support the Work Programme, Youth Contract, Apprenticeships and other national programmes

• Work in partnership with the National Careers Service to promote take up of advice

• Supporting programmes such as: • Leicester City’s ‘Leicester to Work’ initiative • Troubled families programmes• Big Lottery Talent Match programme

Addressing Worklessness

Labour Market Changes• Significant uncertainty about national economy• Local economy is performing quite well• Slow job growth predicted over next 10 years with slow fall in

unemployment• Most job growth expected in private service sector• Most job growth in higher skilled occupations• Greater decline in lower skilled occupations, but will remain

significant feature of local labour market• Demand for formal qualifications likely to increase• Employer demand for multi-skilling likely to increase• Need to focus on employability skills

Predicted Job Openings to 2020LLEP Area, by Occupation

Occupation Growth Number of job openings

Professional occupations (especially science & technology) 44,000

Managers and professional administrators 30,000

Associate professional and technical 27,000

Care, leisure, personal services (nearly all growth in care) 26,000

Administrative and secretarial 19,000

Elementary occupations 19,000

Skilled trade occupations (especially skilled electrical & metal) 18,000

Sales and customer services 17,000

Process, plant and machine operatives 12,000

Source: UKCES Data, IER/Cambridge Econometrics ModelNote: Figures include replacement demand and new job openings

Predicted Job Openings to 2020LLEP Area, top sectors

Sector Growth Number of job openings

Wholesale and retail 35,000

Health and social care 21,000

Support Services 20,000

Education 19,000

Manufacturing – including engineering and food & drink 18,000

Professional services 18,000

Construction 17,000

Transport & storage 12,000

Accommodation and food 10,000

Source: UKCES Data, IER/Cambridge Econometrics ModelNote: Figures include replacement demand and new job openings

• LLEP area has relatively high number of unfilled JCP vacancies.

• Highest notified vacancies in Leicester City in last 3 months were care assistants, call centre workers, sales representatives, drivers.

• Highest notified vacancies in Leicestershire were – HGV drivers, care assistants, goods handling/storage, van drivers.

• Difficulties for some time in filling care vacancies and some sales/customer service roles.

Overview of Labour Mismatch

• From LLEP Business Survey, 1,000 businesses, 2012

• 64% had recruited in last 12 months, 27% had difficulty, main reasons:• Lack necessary skills (59%)• Attitude, motivation, personality (50%)• Lack necessary work experience (44%)• Lack required qualifications (36%)• Pay, conditions, location (8%)• 54% of engineering sector businesses had experienced difficulties

• 23% of all businesses felt skill shortages having a serious impact on business • 34% manufacturing, 45% engineering

Overview of Labour Mismatch

Many employers still report problems with basic employability skills

• Self Management • Attitude and motivation• Attendance and timekeeping

• Thinking & Problem Solving• Willing and helpful• Flexible approach

• Working Together & Communicating• Team working• Communication skills• Respect for others

Employability Skills

• Management/supervisory skills

• Progression opportunities

• Multi-skilling of existing workforce

• Communication skills, customer care, IT skills, team working – skills gaps mentioned by >10% of employers

• 11% of businesses mentioned that basic literacy and numeracy skills needed improving

• Opportunities for apprenticeships and work experience

Workplace Skills Priorities

Thank you