Skills Shortages

Treasury written question – answered on 24th January 2008.

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Photo of Anne Snelgrove Anne Snelgrove PPS (Rt Hon Ruth Kelly, Secretary of State), Department for Transport

To ask the Chancellor of the Exchequer what recent assessment he has made of the impact on the UK economy of skills shortages.

Photo of Angela Eagle Angela Eagle The Exchequer Secretary, Member, Labour Party National Executive Committee

The independent Leitch Review of Skills found no evidence that skill gaps or shortages have held back economic growth, though it did recommend that the Government raise their ambitions on improving the skills of the workforce.

The 2007 National Employer Skills Survey conducted by the Learning and Skills Council highlights falls in the proportion of employers reporting skills gaps and the percentage of all vacancies caused by skills shortages.

The Government are increasing their investment in improving the skills of the population. Expenditure on higher education and adult skills in England will grow by over £2 billion over the next three years.

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