Since the start of 2014, the number of apprenticeships accessible every month has skyrocketed by over 87% when compared to their average number last year, according to figures published by Reed.co.uk.
The report also shows that apprenticeship opportunities in May increased by a staggering 143% year-on-year. The findings reveal that businesses in the UK are now offering unseen amounts of possibilities for young people, a trend that is mainly attributed to the country’s economic recovery, said Mark Rhodes, author of the report.
The increase in apprenticeships is not limited to traditional trades and labour. The greatest demand for apprentices last month was in the technology and business sectors. The Reed website posted 944 apprenticeship openings solely in May, with business administration accounting for 370 of the total and IT and telecom positions numbering 243. The strongest expansion in the number of available apprenticeship positions was in the retail and construction & property sectors: 483% and 360%, respectively.
Apprenticeships offer a valuable and practical opportunity for youngsters who are currently completing their GCSEs, A-levels and other qualifications, in the words of James Reed, chairman of Reed.co.uk. They open the door to a skilled career, and can be a favourable alternative compared to university, Reed added.
Apprenticeships can also provide a solution to businesses that are experiencing a shortage of skills required for their operations, Reed continued. Sectors like engineering, technology and manufacturing can address the issue by developing the skills and talents they need in the workforce in the way that suits them.