Barclay Meade comments on David Camerons address
Commenting on David Camerons address at the recent CBI annual conference, Nigel Lynn, managing director at professional staffing recruitment consultancy Barclay Meade, part of the AIM-listed Matchtech Group, says:
Job creation is imperative to future economic growth and we wholeheartedly support the forensic, relentless approach outlined by David Cameron at the CBI annual conference. We hope the Governments focus on creating technology and innovation centres will provide the private sector with a new generation of skilled, creative graduates with the entrepreneurial flair and nous needed to develop new businesses.
However, the prime ministers plans did little to alleviate our key concern huge job losses in the public sector. The Government has repeatedly stated that its focus on developing job opportunities will mean those left without work following redundancies in the public sector will be employed in the private sector, yet we feel that there is a huge skills mismatch between the public sector talent pool and the demand from the private sector. This may see firms being forced to look elsewhere in order to fill the new opportunities created by these initiatives.
Is there enough support for public sector workers looking to re-train and develop new skills needed to secure a move into the private sector? We would argue to the contrary. Many roles created in the private sector will be highly skilled, in areas such as manufacturing and technology, and it is fair to say that the majority of people left out of work following the cuts will have a very different skill set.
It is ironic that the Government may yet rethink its manifesto pledge to introduce a permanent cap on the number of people from outside the EU able to take up work in the UK, at a time when it is apparent UK firms may face a skills shortage. Perhaps Mr Cameron is anticipating a short-term need for more skilled workers from overseas?
For the private sector to take on those left unemployed by the cuts, firms need to have an incentive. We urge the Government to subsidise both in-house training schemes and vocational qualifications to help these workers ensure their skills are matched to the needs of potential employers.