Ufi Future of Work: Key Learnings from VocTech Market Activity Q3 2023

This quarter in the future of work continued to be a tentative economic recovery process. High inflation continues to dampen economic growth. Labour markets have remained robust, despite an increase in unemployment. And as a result of the market conditions, investment activity continued to be tepid.

This briefing covers key developments and issues over the last quarter that we feel are of particular interest to those operating and investing in vocational technology and the future of work in the UK and Europe more generally. Topics include:

• Technology’s place in filling the skills gap
• Introducing AI to education
• The current reliance on educational system and how it will affect skills-based hiring in the future
• An analysis of Q3 market activity

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