At Auctus Management Group, we are dedicated to addressing the issue of unemployment in the West Midlands. We recognize the adverse effects of socioeconomic factors on the region’s joblessness rate, which leads to a bleak economic outlook. Our mission is to combat an aging workforce and youth unemployment in various industries. By bridging the skills gap and providing opportunities, we aim to empower the younger generation and cultivate the future leaders of our industries.
The Impact of Unemployment on the Local Economy
Unemployment not only hampers individuals’ purchasing power but also affects the local economy as a whole. With limited disposable income, people cannot invest in goods from local retailers, resulting in abandoned buildings and the rise of pound, betting, and charity businesses. This unfavorable situation negatively impacts the local councils’ ability to invest in crucial sectors such as healthcare, education, and infrastructure. To prevent further decline, it is essential to take proactive measures.
Closing the Skills Gap
To tackle unemployment effectively, it is vital to increase funding to bridge the skills gap in various businesses. Additionally, we believe in utilizing the knowledge, experience, and enthusiasm of current employees to inspire and encourage young individuals to pursue careers in the West Midlands. Businesses must offer meaningful opportunities and valuable experiences to nurture and empower the younger generation, enabling them to thrive and become the next generation of industry leaders.
INFRA Skills: Empowering the Workforce
INFRA Skills, a subsidiary of Auctus Management Group, has been actively recruiting apprentices aged 16 to 24 from the West Midlands area. These apprentices contribute to significant projects such as Network Rail’s High Output Track renewals and Volker Fitzpatrick’s New Street Station Gateway project. Moreover, we work closely with armed forces leaders to provide cross/upskilling opportunities in other sectors as part of our youth development program. By delivering high-quality training and assessments, we ensure that our apprentices are equipped with the necessary skills to excel in their chosen fields.
Auctus Management Group is committed to tackling unemployment in the West Midlands by investing in skill development and empowering the younger generation. By providing meaningful opportunities and bridging the skills gap, we aim to revitalize the local economy and create a prosperous future. Together, we can overcome the challenges of unemployment and build a vibrant community.