Unemployment rate is at its lowest in 60 years, and what it means for your career
Low unemployment rate is not something we normally see, but they can and do have an impact on our students and their careers after qualifying, so it’s important to look at what the current record setting lows actually mean.
Its 60 years since the unemployment rate has remained below 4% for a sustained period, so these current levels mark a very different job market to the one we have been used to for the last 30 years. As with anything, supply and demand shape markets, and the job market is no different, with so many employed, the job market is more competitive than it has been for a very long time, and for students graduating our courses now and in the near future, that is a very good thing indeed.
With so many people in work and so few unemployed, employers face stiff competition for quality employees, and this is especially true of those with desirable skills, including accreditations that are required to perform some jobs. Skills shortages are a very real thing, as employers are struggling to find people with the right skills for the job positions they are desperate to fill, and nowhere is that more evident than in the construction industry.
Of course, what that means for those with the right skills and qualifications, is that they are in demand, and wages are rising as a result. For heavy machinery operators, crane operators, riggers and other construction positions that require training and accreditation, this means a great time to be building a career. Not only are there plenty of jobs on offer, but the wages being offered are rising, and for the right people, this can be an incredible opportunity.
This is where our training approach pays off. By using both classroom-based study and on-site experience, we train you not just in the theory, but the practical aspects of operating machinery on site, and when taking on that first job, that experience can prove invaluable. We give you the skills and knowledge to pass accreditation exams, but also the on-site experience that will better prepare you for the first day in your new job, giving you the confidence to take on any position and succeed.
We can’t remember a better time to be building your career as a heavy machinery operator, crane operator or any other construction industry position. With high demand for the skills, rising wages and a steady growth in construction all over the country, we help you gain the skills that employers are looking for. Your long-term career could be just a few weeks away with one of our comprehensive, accredited training courses, you can gain skills that will last you a lifetime.