Filling the demand for engineers in the UK will generate an additional £27 billion per year for the UK economy from 2022, the equivalent of building 1,800 schools or 110 hospitals, according to new research published in Engineering UK 2015, The State of Engineering.
To meet the projected demand, the number of engineering apprentices and graduates will need to double. Engineering companies will need 182,000 people per year with engineering skills running up to 2022, however there is a current shortfall of 55,000 skilled engineering professionals per year.
Paul Jackson, Chief Executive, EngineeringUK, said: “Engineering is a vital part of the UK economy, not just in terms of significant turnover but also with regards to employment. For every new engineering role an additional two jobs are created in the economy. The engineering community is increasingly involved in a collective drive to inspire the next generation, who will ensure the continued growth and success of the industry in the UK. This collaborative work must continue if we are to come even close to realising engineering’s potential.”
Explore our latest interactive piece on The World’s Most In Demand Professions to see where engineers are in demand across the globe.