This page needs to be proofread.
Contents
Foreword by the Secretary of State for Education Michael Gove MP 4
Foreword by the Minister of State for Further Education, Skills and Lifelong Learning John Hayes MP 6
Executive Summary
What we want to achieve 8
The wider environment 9
The way forward 10
Recommendations 13
Scope 19
Part One: Introduction 20
Part Two: The Social and Labour Market Context 24
- The collapse of youth labour markets 24
- The nature of the labour market 28
- High returns to education and qualifications 30
- High returns to apprenticeship and employment 33
- Occupational change 35
- The implications of change (A): Young people’s entry into the English labour market 36
- The implications of change (B): How education systems are adapting—facts and misconceptions 39
- The implications of change (C): challenges for vocational education 43
