It’s been over a year since the UK first went into lockdown as a result of the Covid-19 pandemic and the feeling of uncertainty about the long-term impact of the virus on the country’s economy is stronger than ever.
Unemployment today is nearly a full percentage point higher than the previous year with 1.67 million people now unemployed, a figure which is predicted to keep rising throughout 2021.
This will not be an easy economic recovery for any business or sector and many people are facing an uphill struggle to get back into work.
The Great Covid Career Pivot
The Building bridges towards future jobs report launched by City & Guilds Group and global labour market trends experts Burning Glass Technologies reveals that at a time of rising unemployment a third of Britons (34%) want to change careers.
But almost two thirds (65%) of Britain’s working population expect the job market to be worse in 2021 than it was in 2020, and worryingly, only 16% of respondents understand exactly how their skills would be useful in another career.
According to the report, it would appear many Britons lack the confidence and know-how when it comes to recognising the potential of transferable skills as a route to changing careers. In fact, a third (32%) of those surveyed had no idea where else their current skillset might be useful and, when asked to consider changing careers to move into new industries, a third (34%) were concerned about starting over again, a fifth (21%) said they lacked knowledge of other sectors, and around the same number (19%) expressed an overall lack of confidence.