A Skilful Workforce is Vital for Economic Growth – Says the CBI

Business leaders at the Confederation of British Industry (CBI) have called on the government to bring forward a higher level of investment to the construction sector in a bid to stimulate the building engineering industry and create hundreds of thousands of new jobs.

In a report published by the CBI, it has become clear that construction businesses want to see more funds for repair, maintenance and improvement works which will create jobs and stimulate economic growth.

The report says: “The government has a ready-made mechanism to tackle the current activity gap and create jobs in the immediate future by stimulating repair, maintenance and improvement (RMI) work.

“RMI work can deliver jobs quickly on the ground across all regions, including creating openings for unemployed young people as its nature offers ‘hands-on’ jobs suitable for school-leavers.

“In addition, RMI projects generally have the advantage of shorter procurement timescales.”

The CBI is also calling on central and local government to “ensure that existing and planned RMI schemes such as the Priority School Building Programme and Green Deal are swiftly and competently delivered.”

The report states: “Developing more specific pipelines of construction work (for three to five years ahead for example) would help attract private sector investment locally and support the creation of local construction jobs.

“Knowing what’s around the corner in any given location would enable firms of all sizes across the supply chain to better identify, prioritise and plan their investment, striking up constructive dialogue with local stakeholders early on.”

The CBI’s Action for Jobs Progress Report also calls the government for fresh action on:

  • Aligning school funding with employment as well as academic outcomes
  • Boosting school-business links in every local community with local organisers in every area making it easier to get involved in leading schemes
  • Making work experience a statutory right for 14 to 16 year-olds
  • Investing more in apprenticeships – both at a higher level and in pre-apprenticeship courses which help young people without skills get on high-quality training schemes
  • Introducing a comprehensive ‘readiness-for-work’ assessment at Job Centre Plus, to help people focus on returning to work.

What is your reaction to the CBI’s call for a further investment in the construction industry which will prove vitally important for the creation of new jobs? Do you agree with UK’s top business organisation?

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Posted on June 29, 2012, in Building Construction Industry, Building Engineering Sector, Career change, construction jobs, construction news, Employment, Government, Housing Scheme, Infrastructure, Politics, t4ts, train4tradeskills, Train4TradeSkills News and tagged , , , , , , , , , , , , , , , , , , . Bookmark the permalink. Leave a comment.

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