Posted on • Career planning, Carers, Labour Market Information
The Open University’s latest research reveals that 54% of UK organisations have a skills shortage, and 71% of young people say they have been considering their career prospects based on which skills are in-demand in the UK.
Using Labour Market Information like this helps you make informed decisions, plan for the future, and explore career paths and sectors. Take a look at key findings from the OU’s research and how you can use it to inform your career:
Only 55% of young people feel prepared to enter the workplace after graduation, and 35% of employers also felt that younger generations lacked work readiness. Reflect on how you feel with our 3-minute careers check-in and learn how to make a good first impression when starting a new role.
67% of young people know they need to improve certain skills to feel fully work-ready. The top 4 most cited skills were:
Communication and problem-solving skills are built into all OU study, which also proves your time management abilities to employers. 74% of employers also said that young workers lack interpersonal skills, something built into collaborative activities within OU modules.
Learn about analysing your own skills or audit your skills. Discover more skills to future-proof your career.
Over 1 in 5 employers are concerned about keeping up with technological advancements such as Artificial Intelligence (AI). Learn How to get the best out of GenAI with our webinar from Microsoft and attend one of our practical live workshops on using GenAI in career planning.
Keeping labour market trends in mind can help inform your career plans and decisions. 32% of employers think the skills shortage will get worse. Causes include Brexit, more people reaching retirement age, the mental health crisis, and the number of ‘economically inactive’ people:
Each year, 18 million workdays are lost to poor mental health. Learn how to ask for reasonable adjustments and where to find support with our Mental health and your career webinar. Hear what employers have to say in our panel on having open conversations about Mental health in the workplace.
1 in 5 working age Brits are not in paid employment or seeking it. There are many reasons for this, but a big one is people with full-time caring responsibilities. See our webinar on Managing your career and study alongside caring or our Careers for carers employer panel.
See our webinar on Planning a return to work after an employment break.
The 2025 Business Barometer surveyed 2000 business leaders and 1,000 Gen Z adults. The report highlights ongoing skills shortages and offers five recommendations for UK organisations to address them.