Current and future trends


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This powerpoint presentation by Caron Pearson forms part of an online module on STEM in Careers Guidance

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Current and future trends

  1. 1. Current and Future Trends How STEM fits in….. STEM On Line Module: Basic 2011
  2. 2. 5 Factors To Consider <ul><li>Changing Labour Market </li></ul><ul><li>Ageing Population </li></ul><ul><li>STEM Skills Shortages </li></ul><ul><li>Climate Change </li></ul><ul><li>World Economics </li></ul>STEM On Line Module: Basic 2011
  3. 3. Changing Labour Market <ul><li>UK is moving from manufacturing & agricultural economy to service based. (Chart show figures in millions) </li></ul><ul><li>In 2006 12% of the labour market held unskilled or semi skilled jobs. In 2007 The Treasury forecasted that in 2020 this figure will be 2%. </li></ul><ul><li>Employers expect higher qualified clerical, technical and professional workers . </li></ul>STEM On Line Module: Basic 2011
  4. 4. Ageing Population <ul><li>Pressure on health and medical services will increase meaning greater demand for STEM skills </li></ul><ul><li>Opportunities will be in: </li></ul><ul><li>Biomedical Engineering ( replacement joints , heart valves) </li></ul><ul><li>Bioinformatics & Computational Biology (molecular biology – DNA, cancer cells ) </li></ul><ul><li>Pharmaceutical research (cancer drugs, mental health, insulin) </li></ul><ul><li>Biotechnology (using living cells in medicine (stem cells) & industry ( enzymes, bacteria, yeast) </li></ul>In the UK, the number of over 65s is predicted to increase from 8.5 million in 2000 to 15 million in 2050. STEM On Line Module: Basic 2011
  5. 5. STEM Skills Shortage <ul><li>45% of UK employers currently have difficulty recruiting STEM staff, this is expected to rise to 59% by 2013 </li></ul><ul><li>CBI 2010 </li></ul><ul><li>Increased demand for skilled technicians and associated professionals will hit crisis point in 2017 when technician/non graduate inflow is expected to fall due to the lowest known numbers of 16-18 year olds in the population </li></ul><ul><li>UK CES “ Working Futures 2007-2017 </li></ul>STEM On Line Module: Basic 2011
  6. 6. Climate Change <ul><li>The main challenge need STEM skills to develop: </li></ul><ul><li>• Clean coal technology – building new coal-fired power stations with lower carbon emissions </li></ul><ul><li>Renewable energy technology – generating electricity from renewable sources </li></ul><ul><li>• Nuclear engineering – needed to </li></ul><ul><li>decommission old plants and build new nuclear power stations </li></ul><ul><li>• Fuel cell technology – fuel cells combine hydrogen and oxygen to </li></ul><ul><li>produce water, electricity and heat, a </li></ul><ul><li>potential alternative energy source. </li></ul>2008 Climate Change Act set a target for 2050 of reducing carbon emissions to 90% of 1990 levels STEM On Line Module: Basic 2011
  7. 7. World Economics <ul><li>Growth of BRIC (Brazil, Russia, India, China) nations is challenging 200 year dominance by Europe and the U.S. </li></ul><ul><li>Chinese economy will overtake U.S. by 2025 and be twice as big by 2050 </li></ul><ul><li>China and India together make up 36% of the world ’ s population and will dominate the world ’ s economy </li></ul><ul><li>For UK to meet global economic challenge, more people with STEM skills are needed </li></ul>STEM On Line Module: Basic 2011
  8. 8. The future <ul><li>“ A strong supply of people with science, technology, engineering and maths skills is important to promote innovation, exploit new technologies, produce world class scientists and for the UK to compete internationally. ” </li></ul><ul><li>Educating the next generation of scientists DfE November 2010 </li></ul>STEM On Line Module: Basic 2011