Question to the Department for Education:
To ask His Majesty's Government what assessment they have made of how apprenticeship schemes can stimulate economic growth by attracting more young people into the workforce.
The government is committed to spreading opportunities and economic growth with the support of a strong skills system, including apprenticeships.
Apprenticeships for young people generate significant economic value. The department estimates that £56,000 and £104,000 of economic value is created per 16 to 18-year-old who start an apprenticeship at level 2 or level 3 respectively. More information can be found in ‘The net present value of further education in England 2021 to 2022’, which is attached and can be found at: https://assets.publishing.service.gov.uk/media/67adc0ba69d39abb04adce22/The_net_present_value_of_further_education_in_England_2021_to_2022_.pdf.
Too many young people are struggling to access high-quality opportunities and this government wants to ensure that more young people can undertake apprenticeships. We are developing new foundation apprenticeships, which will be a work-based training offer that will provide young people with clear progression pathways into further work-based training and employment. The department is working closely with employers and providers to design foundation apprenticeships that give more young people a foot in the door at the start of their working lives, whilst supporting the pipeline of new talent that employers will need to drive economic growth.
Construction will be one of the key sectors that will benefit from new foundation apprenticeships, which will be launching in August 2025. This will inspire more young people into the construction industry and allow them to progress and specialise in advanced apprenticeships, giving them the tools they need for a sustained and rewarding career. As part of this new offer, employers will be provided with £2,000 for every foundation apprentice they take on and retain in the construction industry, on top of fully funding the training costs through the new growth and skills levy.