“We are growing faster than any major advanced economy in the world and unemployment is at its lowest rate in 11 years.” – David Davis, Secretary of State for Exiting the European Union (December, 2016)
The uncertainty surrounding the UK’s exit from the European Union could have major implications for the country’s skills base, employment levels and growth rate. While the economy remained stable in the months immediately following the vote, Brexit will continue to present both challenges and opportunities in the labour market. In November 2016 the Low Pay Commission confirmed that another major upheaval, the introduction of the compulsory national living wage, has had “no clear” impact on employment or worker’s hours. Despite warnings from the Organisation for Economic Co-operation and Development about the higher wage level, the commission’s research showed that employment had increased across the low pay sector. The ongoing devolution of powers to city regions in England will allow local authorities to provide innovative solutions to address skills shortages and boost regional growth.
Join us for the Skills, Employment and Growth Conference where leading experts will discuss the main issues that will shape the future of the UK’s economy and labour market. Anticipate the impact of Brexit and regional devolution, understand how to address the number of young people not in education, employment or training and analyse the effect of the national living wage.