Over the past year the Foundation for Young Australians has built an evidence base of what the future of work will look like and the skills young people will need in order to navigate and thrive in it. In 2015 we set the scene, exploring the economic changes ahead and what they mean for young Australians in our New Work Order report. Our report card on How Young People Are Faring then looked at the supply side of discussion, with a deep dive into the skills young people are currently developing.
Today we turn our attention to the demand from industry and have released our latest report in this series, The New Basics: Big data reveals the skills young people need for the New Work Order.
The New Basics reveals that employers are placing a premium on enterprise skills at a time of significant change in our workforce. An analysis of 4.2 million job advertisements from 2012-2015 found there is rising demand for enterprise skills such as digital literacy (increased by 212%), critical thinking (increased by 158%), creativity (increased by 65%) and presentation skills (increased by 25%).
Jobs ads that ask for these enterprising skills are offering significantly higher pay than those jobs not requiring these skills, and employers of younger workers are asking for enterprise skills just as often as role-specific technical skills. What’s more, the jobs of the future demand enterprising skills 70% more than jobs that are at risk of automation.
This body of evidence makes it incredibly clear, Australia need to act to ensure our young people are prepared for the careers of today and tomorrow.
FYA is renewing our call for a National Enterprise Skills Strategy, to ensure students across Australia are developing these skills inside and outside the classroom.
We look forward to working with you to drive this vital investment in Australia’s future.
Jan Owen AM
Foundation for Young Australians
- The New Work Order is Here
- Industry & educators echo calls for enterprise skills
- Enterprise education in action – $20 Boss