Action on skills and the supply of staff is critical for securing the UK’s recovery, says CBI President Lord Bilimoria
In a speech to the Recruitment and Employment Confederation’s (REC) Annual Conference, Lord Bilimoria identified several factors behind current labour market shortages – ranging from the paradoxical effects of the job retention scheme to EU workers not returning to the UK amid the COVID crisis.
He highlighted the importance of training, reforming the Apprenticeship Levy, and creating new technical education routes into careers. But he also called on the government to update the shotage occupation lists for roles including butchers, bricklayers and welders.
He added that action is needed now to bolster the UK’s competitiveness and growth potential. An adequate supply of staff is critical for securing the UK’s recovery.
Transcript
Good morning everyone. And thank you, Neil for that kind introduction.
The REC is a brilliant organisation – we’re so proud to have you in CBI membership.
The recruitment industry plays a vital role in our national life.
You help to place over a million people in employme