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Clare FosterHead CEIAG
Labour Market Information
The Northern Ireland Context
• Changes in the NI economy.
• Where will the future employment opportunities
be?
• Skills employers want.
• Working together to meet the challenge.
Some of our Investors in NI
Where will the Future Employment Opportunities be?
Other Key Sectors....
Advanced Materials and Engineering(aerospace, electrical, electronics, automotive, renewables)
AgrifoodLife & Health SciencesTourismSocial Care
Jobs Areas
501 IT Development, Back Office Admin, LPO - Legal
106 Marketing
317 HR, Finance, LPO - Legal
359 FS IT Development, Service Delivery, Project Management
90 FS IT Development, Project Management
242 R&D Product Development, Sales, Marketing
45 HR Consulting, Risk and Actuarial – Pensions management
50 IT Development
104 IT Development, Product development, Engineering
85 IT Development, Project Management
297 Call Centre, Customer service and Management
109 IT Development, Product development, Sales
130 R&D Product Development, Engineering
102 Legal
Recent Projects
In the last 10 years 78% of new FDI jobs have been in business & financial services and software
Skills PressuresSkills Gaps/Skills Shortages exist in NI • Employers in range of engineering disciplines
(electrical, chemical) have cited difficulties in securing staff in NI
• Estimated that there are 400 unfilled software development vacancies in NI
• Employers want modern language graduates to enable them to expand export markets
Skills Pressures
• War on Talent....worldwide demand for software engineers
• Not just academic ability – employability skills (interpersonal/ communication etc) are vital
• Yet, there is a large oversupply in other areas (Law, Teaching, areas allied to Medicine)
Young people have been particularly affected by the downturn
0
50
100
150
200
250
300
Jan
-07
Ma
y-0
7
Se
p-0
7
Jan
-08
Ma
y-0
8
Se
p-0
8
Jan
-09
Ma
y-0
9
Se
p-0
9
Jan
-10
Ma
y-1
0
Se
p-1
0
Jan
-11
Ma
y-1
1
Se
p-1
1
Jan
-12
%
NI
UK
Young People
Increase in Youth Unemployment
Since beginning of downturn
0.0
2.0
4.0
6.0
8.0
10.0
12.0
14.0
16.0
18.0
Young People Overall
%
Unemployment Rates in Northern Ireland (March
2012)
NI better off than a decade ago – but it will still take time to recover fully
550
600
650
700
750
800
850
900
950
1981 1986 1991 1996 2001 2006 2011 2016 2021
000s
NI: Total employment (job-based)
Source: DETI, LFS, Oxford Economics
Forecast
Return to peak employment
2017
Future Prospects
What Next?•Choose subjects where you have natural talent and ability and keep an eye on the labour market to see where these subjects could lead•Get involved in enrichment activities both inside and outside school•Prepare well for the guidance interview with Careers Service NI•Set realistic career goals based on self awareness and career exploration
Working together to meet the challenge
