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STEM Learning: STEM Skills Indicator – Skills shortage costing STEM sector £1.5bn
A career in STEM is vast, varied and exciting. And yet, STEM Learning’s STEM Skills Indicator research shows that 73% of businesses have found it more difficult to hire staff in the last 12 months.
With more than 173,000 vacancies that require training in STEM, it is essential that schools, colleges and employers work together to inspire young people and build the pipeline of talent in their local area.
“We are living through a period of unprecedented change. Technology is transforming the way that businesses organise themselves and the products and services they offer. We have always needed technological know-how in our economy, but the nature of these changes makes science, technology, engineering and mathematics (STEM) skills more vital than ever.
Our new STEM Skills Indicator tells a story about UK business that we need to act upon. We spoke to business leaders in companies at the cutting edge of the industrial economy, from healthcare to AI and robotics. Most of them told us that they are struggling to recruit staff with the STEM skills they need.
The government rightly sees promoting STEM as a central part of our industrial strategy and they are making it a major priority; businesses also need to step up to meet the challenge, which they themselves tell us is so urgent.
At STEM Learning, we work with businesses and schools to solve this problem. We use business’ funds and know-how and that of government to create programmes that have impacted 20,000 schools and more than 2 million students this year alone, training teachers and educators as well as getting experts into schools to share their knowledge and expertise.
It is clear though the STEM skills shortage is not going away. That is why we are calling on more businesses to come forward and work with us to address this most pressing issue.”
Yvonne Baker, Chief Executive, STEM Learning
See the figures: Take a look at the STEM Skills Indicator
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