This report from the Industrial Strategy Council reveals that the UK's demand for skills - particularly technology and interpersonal/ people skills - will increase considerably over the next decade, while the supply of those skills will be constrained. It highlights that skills mismatch can reflect both skill shortage and skill surplus, noting that the spread of automation and AI could boost productivity in some sectors but also displace some lower skilled jobs, while the demand for highly skilled labour will increase, as R&D and innovation become critical in a future tech-led economy. The data further shows that, with 80% of the 2030 workforce already in the workforce today, reskilling the existing workforce will be the major challenge between now and 2030.
