The latest CaixaBank Dualiza report foresees a ‘boom’ of Vocational Training in the Archipelago until 2030
The Canary Islands will generate 92,356 job opportunities for Vocational Training technicians from 2022 to 2030, according to the annual Vocational Training report prepared by CaixaBank Dualiza in collaboration with Orkestra-Basque Institute of Competitiveness of the University of Deusto, and which this year is title A new Vocational Training Law for new times.
It is the first time that a study reveals not only the projection of jobs that the labor market will have in the coming years, but also how many of these new jobs will be for FP technicians. According to these data, the services sector will be where the Canarian economy will accumulate most of these jobs, specifically, around 88%. 7% will be generated in construction and 4.5% in industry.
In total, throughout Spain, these opportunities for FP technicians will rise to 2,131,325, of which more than a million (1,219,136) correspond to those who are enrolled in a Higher Level FP and somewhat less (912,189) to those who They are studying a Middle Grade. These data reflect that one in four opportunities generated throughout the economy will be for FP, since by 2030 the boom in employment opportunities is expected to rise to 8,654,362.
The sectors where the most employment will be generated will be commerce, education, hospitality, construction and industry and this development will have a direct transfer to employment in Vocational Training. In this way, commerce will be the area where more VT professionals will be required, 242,380 opportunities in Higher Level and 203,868 in Medium Level, followed by manufacturing (153,332 for Higher Level- 103,560 for Medium Level) and health activities (101,517 for Higher Grade- 112,805 for Intermediate Grade).
It remains to be seen if Vocational Training will have sufficient tools to be able to provide professionals to the demands that will be generated in each of these sectors. The increase in the completion rates of VET studies in the stipulated time will be a key aspect in this regard. Until now, vocational training has always responded faster than other training options to social changes. In this way, the CaixaBank Dualiza report reflects how the sectors where the presence of employed people with vocational training has increased the most over the last five years have been Electricity, gas and steam (4.6%), Commerce (3, 4%) Recreational and cultural activities (3%) and manufacturing industry (2.9%).
The lack of qualified professionals with FP qualifications who respond to market demands is seen as a persistent problem for the next few years, as evidenced by the report by CaixaBank Dualiza, which estimates 92,500 job opportunities for FP that they will not be covered throughout Spain until 2030, taking into account the employment that will be generated, as well as the people who graduate.
This deficit is mitigated by the entry into force of the new Vocational Training Law, which will have a direct impact on job creation for two reasons. First, the increase in resources in the system will translate into an increase in the VET places offered, which will directly affect a greater number of VET graduates entering the labor market. The second, which will facilitate a greater adaptation of these graduates to the needs of the productive fabric, which will increase the employability of VT technicians, allowing a change in social perception.