Forget letters after their name, British parents are rooting for vocational qualifications to recession-proof their kids’ employment chances.
Research by independent education foundation, Edge, finds that while the economy has taken a downturn, the value of vocational qualifications ‘career currency’ has increased – more than four fifths of parents of 11-19 year olds (81 per cent) now believe it’s important for their child to have a vocational qualification.
Of these three-quarters (74 per cent) of parents said it will make their child more employable, get a job quicker (40 per cent), earn a better pay packet (26 per cent) and generally be more recession proof (20 per cent). Plus one in four (25 per cent) think it will put their offspring in a better position to be their own boss.
And topping the...