Between 2020 and 2023, 35% of job movements in Wales were in or into the public sector, which is the highest in the UK. [...] 3 Our analysis of the projections shows that Wales will see the largest percentage growth in those employed in the finance sector compared to any other nation or region in the UK. [...] For instance, there is a recognition of initiatives such as the Personal Learning Accounts that support career change and a commitment to introduce mid-career reviews for those aged 50 and over as part of the Working Wales service.6 Turning to specific policies currently in place in Wales, there are a number that can aid career switching. [...] The service, run by Careers Wales, is a free service available to anyone aged 16 and over and living in Wales to access expert advice and coaching to overcome any obstacles to getting a job and progressing their career. [...] This should be made explicit in future, with the new designated career change support targeting sectoral change in the economy, allowing government to support people into new sectors that are growing, are more productive and pay higher wages, and away from those heading in the opposite direction.
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Table of Contents
- About LW and our New Futures pilots 1
- What is career change and why is it important 1
- Analysis of career change in Wales 2
- Figure 1 Percentage of people in work who change jobs by nation and region 3
- Figure 2 Employment by sector 2020 to 2035 Growth per annum 4
- The current support landscape in Wales 4
- Working Wales 5
- ReAct 5
- Communities for Work Plus 6
- Personal Learning Accounts 6
- Wales Union Learning Fund 6
- Policy priorities to help people change career 6
- Demystify career change 7
- Make career change a strategic part of policy in Wales 7
- Maintain and expand the Working Wales career change theme 7
- Continue to provide ReAct funding for those facing redundancy 7
- Create designated career change support. 8
- Moving forward 8
