How can industrial policy support a more dynamic labour market that shifts workers into higher paying, higher productivity roles in the Industrial Strategy sectors and frontier industries?
Background
The Industrial Strategy places skills at the heart of the UK’s growth ambitions. In an era of rapid technological change, the strength of the skills pipeline, from early education to digital literacy and leadership capability, will be pivotal. The government aims to enhance skills and increase access to talent. It is reforming the skills and employment support system to create a strong pipeline into the IS‑8 and future growth priorities, with opportunities for good jobs across the country. Building this future-ready workforce is essential for attracting globally mobile investment and enabling businesses to innovate and scale.
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Research fields
Related UKRI funded projects
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Productivity, Wages and the Labour Market
Since the 2008 financial crisis, the UK has witnessed weak economic growth and stagnant productivity. While employment remained high, many jobs offer little security or opportunities for training and progression. Self-em...
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Lead research organisation: Institute for Fiscal Studies
Why might this be relevant?
This project directly addresses the interactions between skills, jobs, career progression, and policy in driving inequalities and productivity, aligning with the question's focus on shifting workers into higher paying, higher productivity roles.
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Technical change, EMPloyment & Inequality. A Spatial analysis of households & plant data
According to the London Futures Deloitte report (Frey and Osborne, 2014), 35 per cent of the current workforce in the UK is at risk of being made redundant over the next two decades as a result of the introduction of dig...
Funded by: ESRC
Lead research organisation: University of Sussex
Why might this be relevant?
While this project focuses on technical change, employment, and inequality, it only partially addresses the question by examining the effects of technical change on income inequality and employment, but does not directly address industrial policy supporting a more dynamic labor market.
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Supporting the Industrial Strategy
1) Developing Skills: Strengths and Weaknesses in the System, and What can be Done. The new Industrial Strategy must consider how the education system can create the general and specific skills needed by businesses toda...
Funded by: ESRC
Lead research organisation: London School of Economics and Political Science
Why might this be relevant?
This project touches on various aspects of the Industrial Strategy, such as skills development, growth across regions, innovation, and trade, but only partially addresses the question by focusing on broader industrial strategy support rather than specifically addressing shifting workers into higher paying, higher productivity roles.