At over 30 million, the UK’s highly-educated labour force is the second-largest in the EU. Average wages here are also lower than several of our European counterparts – in 2015 average earnings were lower than those in Sweden, Denmark and Finland.
The UK has one of the highest levels of graduate output in Europe, and the highest number of life sciences graduates in the world. Real talent is able to thrive here as we are home to Europe’s top four medical research universities and three of the world’s top ten universities:
|1||California Institute of Technology (Caltech)||USA|
|3||University of Oxford||UK|
|5||University of Cambridge||UK|
|6||Massachusetts Institute of Technology (MIT)||USA|
|8||University of California, Berkeley||USA|
|9||Imperial College London||UK|
Times World Universities Rankings 2014/15
The UK Government is also committed to equipping companies with the skilled workforce that they need in order to succeed and grow. Over 100,000 employers use apprenticeships as an effective way to reduce training and recruitment costs, and nearly 815.000 young people participated in an apprenticeship programme in the first three quarters of 2015/2016 (Skills Funding Agency - Statistical First Release - 23 June 2016).