Opportunities to Work in Opportunities to Work in ScotlandScotland
What’s happening in What’s happening in Scotland?Scotland?
Iain Duff, Chief Economist, Iain Duff, Chief Economist, SCDISCDI
SCDISCDI
Independent economic Independent economic development organisationdevelopment organisation
Broad membership including Broad membership including universitiesuniversities
Prepares policy papers, briefings, Prepares policy papers, briefings, submissions, holds submissions, holds events/conferences and provides events/conferences and provides informationinformation
Initial Points 1Initial Points 1
High level of education, skills High level of education, skills and training crucial to and training crucial to improved performanceimproved performance
Need a high quality workforceNeed a high quality workforce
Top priority for SCDI membersTop priority for SCDI members
Initial Points 2Initial Points 2
Ability to adapt to fast Ability to adapt to fast changing circumstanceschanging circumstances
Flexibility of occupationFlexibility of occupation
Analytical and creative skills Analytical and creative skills requiredrequired
Summary Structure of Summary Structure of the Scottish Economythe Scottish Economy
Proportion of GDPProportion of GDP
ServicesServices 74%74%
ManufacturingManufacturing 14%14%
ConstructionConstruction 7% 7%
PrimaryPrimary 1.6% 1.6%
Key Areas of Main Key Areas of Main SectorsSectors
Proportion of GVAProportion of GVAServices:Services:
Hotels & CateringHotels & Catering 15.3%15.3%Business ServicesBusiness Services 19.3%19.3%Finance Services Finance Services 8.3% 8.3%Public Admin, Educ. & HealthPublic Admin, Educ. & Health 23%23%
Manufacturing:Manufacturing:
EngineeringEngineering 4.2% 4.2% of which Electronics 2.1%of which Electronics 2.1%
Food & DrinkFood & Drink 3.2% 3.2%
Economic DataEconomic Data
ScotlandScotlandGDP Growth Q2 2008GDP Growth Q2 2008 +0.1% +0.1%
ConstructionConstruction -0.4% -0.4%
ServicesServices +0.1% +0.1%Financial servicesFinancial services -1% -1%
ManufacturingManufacturing +0.7% +0.7%Engineering Engineering +1.9% +1.9%
Economic Economic ForecastsForecastsSource: Fraser of Allander Institute Economic Commentary Vol 32 No.2
Scottish GDP GrowthScottish GDP Growth
20082008 +0.7%+0.7%
20092009 -1.1% -1.1%
20102010 +0.7%+0.7%
20112011 +1.2%+1.2%
20122012 +1.5%+1.5%
Other DataOther Data
CPI InflationCPI Inflation 4.5%4.5%
Interest ratesInterest rates 3%3%
Employment (‘000s)Employment (‘000s) 2,5512,551
Unemployment (‘000s)Unemployment (‘000s) 126126
Claimant CountClaimant Count 3.1%3.1%
Job ForecastsJob ForecastsSource: Fraser of Allander Institute Economic Commentary Vol 32 No.2
20082008 -4,230-4,230
20092009 -37,244-37,244
20102010 -11,638-11,638
20112011 +14,222+14,222
20122012 +23,605+23,605
What Employers Want What Employers Want 11 Still need to recruitStill need to recruit
Employees that can problem Employees that can problem solve, ability to learnsolve, ability to learn
MaturityMaturity
Readiness for workReadiness for work
What Employers Want What Employers Want 22 Complementary skills to degree Complementary skills to degree
discipline – “Soft Skills”discipline – “Soft Skills” CommunicationCommunication Team WorkTeam Work Literacy and NumeracyLiteracy and Numeracy Commercial Commercial
Acumen/Entrepreneurial AttitudeAcumen/Entrepreneurial Attitude Appreciation of risk managementAppreciation of risk management Sales and marketingSales and marketing
ConclusionConclusion
Good luck!Good luck!