The eagerly awaited skills projections are now available in Labour Insight, covering the whole range of skills clusters.

The reporting ranks skills by the categories shown nationally, and also gives a global average across the Labour Insight systems in the UK, US, Canada, Australia & New Zealand and Singapore.

  • Declining Rapidly Skill demand is projected to decline by 50% or more.
  • Declining Skill demand is projected to decline between 10 and 50%.
  • Stable Skill demand is projected to remain stable, between 10% decline and 10% growth.
  • Growing Skill demand is projected to grow between 10 and 50%.
  • Growing Rapidly Skill demand is projected to increase by more than 50%.

Skills projections currently cover the period from January 2021 to January 2023 and identify skills that are growing the fastest when compared to other skills.

Labour Insight job postings as well as external data sources have been combined to create this insight – taking into account seasonality, long-term trends and other patterns in job vacancy data.

How can skills projections data be used?

How can you capitalise on skills projections data and use it to make a difference in real terms? The data is used widely by:

  1. Universities – Skills projections are extremely helpful for programme alignment and new programme development. They offer great suggestions for online short courses. Providing Labour Market Information packs for undergraduates that include skills projections, gives them the information they need to proactively add any additional courses and be more job market aware. This, in turn, leads to better graduate outcomes.
  2. Councils & LEPs – Do you have local education provision for the skills listed? How many of your working population possess these skills? Promoting upskilling and re-skilling in these subjects will make a difference in employment numbers and attract employers to your area.
  3. Careers & employment advice – Skills projections provide excellent information for the Work & Health Programme, Restart, Kickstart and so on. Along with skills clusters, they are used to identify the most effective areas for upskilling and reskilling to get your clients into work.

 

A guide for Labour Insight users! Getting started with skills projections:

  1. The report is nested in the Skills & Credentials menu which you can find in Report Output > Focus on, as shown in fig. 1 below.

Fig. 1.  Where to find the report.

  1. Select your time period and geography as usual, followed by Apply.
  2. To bring the growing skills to the top, double click on the National Growth Category header as shown in the screenshot below.
  3. To expand the number of results, change the items per page drop down to 50.

Fig. 2.  Sorting on National Growth Category

  1. This will give you general results but you can drill down in the usual way with the other filters such as BGTOCCs, skills, skills clusters etc. When using any of these filters, the results displayed and the number of job postings will change accordingly but the national and global growth category will remain the same.
  2. You can use the Data Set drop down to toggle between Specialised, Baseline and Computer and Programming skills as usual.

Understanding the results

To look at the fast paced, every changing world of IT skills, I’ve run skills projections for the IT BGTOCC family for specialised skills, UK wide, last 12 months.

After sorting on National Growth Category, three skills that I have never seen before jump to the top – Kubernetes, TypeScript and Vue.js as shown in fig. 3 below. If these skills are new to you also, hover over the skill and the definition will appear as shown in fig. 4 below. This definition is also helpfully included in all Excel exports.

The relationship between the number of postings and the ranking is interesting, for example, Kubernetes has 45,517 postings nationally over the last 12 months and is growing rapidly, whereas, DevOps has 90,129 and is ranked as growing.

We often get queries about displaying Labour Insight data in Power BI so seeing this skill appear 8th shows that it is an important skill.

Fig. 3. IT BGTOCC family specialised skills projections UK wide last 12 months

Fig. 4. Definition of Kubernetes

For more technical information, please search for skills projections in the Help Site while logged into Labour Insight. As always, please get in touch if you would like a personal introduction to skills projections or have any questions.

Catherine

Implementation and Support Consultant for Labour Insight

helpdesk@activeinformatics.com

Tel: 01256 848 636 or 01256 464 749

 

If you’d like to view skills projections for your area, and you need access to real time labour market data for your role, please get in touch with us for an online demonstration here >>