Britain's NEET crisis and the factory retirement cliff are the same problem in disguise
Industrial employers sitting on unfilled technical roles and a generation locked out of work are two halves of one fixable equation.
The latest figures from the Office of National Statistics reveal that around 13% of UK 16-24 years olds are not in employment, education or training. The government's own interim review has warned this could mark the makings of a "lost generation."
At the same time, close to a fifth of the engineering and manufacturing workforce is expected to retire by the end of the year, taking with it an estimated half a million skilled engineers, technicians and operators.
Chief Product & Customer Officer at IFS.
One side of the ledger is a generation that wants to work and cannot get in. The other is an industrial base that needs people and is about to lose its most experienced. Treated separately, both look intractable. Treated together, they start to look...
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