Deficit of 3 million highly skilled workers by 2022?

83% of UK CEOs are ‘somewhat’ or ‘extremely’ concerned about access to high skilled talent, according to PwC’s latest annual survey.

Concerns about the availability of key skills came second only to uncertain economic growth as a prevalent issue for UK CEOs.

These results come amidst concerns that technology will drive a demand from low-skill occupations to higher-skill roles, and if current trends continue, the UK will have a total of 15 million high-skill jobs by 2022, leaving a deficit of three million high-skilled workers.

According to the Government’s State of the Nation Report, a drop in requirements for low-skilled workers over the same period could see nine million people fighting for just four million jobs.