Part of the debate – in the Senedd at 3:12 pm on 19 October 2021.
Thank you to the Member for his comments and questions. I'll start with the point that he makes about talent and how we provide young people with a real future in Wales, and also the linked point about diaspora—those people who have moved either for university or for other work opportunities, and the opportunities for those people to be part of the future of Wales within Wales as well. It's part of the challenge that we know that we have, and it's particularly in sharp focus now because of the demographic challenge that we have. We could have fewer than six in 10 people of a working age in the whole Welsh population by the time that we get to the 2040s, and that's a really big challenge for us.
Previously, the success story of more of us expecting to live longer would have been a challenge that I'd have considered in the role now occupied by Eluned Morgan—on the challenges for the future of health and social care, when more of us can expect to live for longer. And that really did drive the parliamentary review that we had on the future of health and social care at the start of the last Senedd term. But it is also, of course, a really significant economic challenge for us too. It's both about how we secure a future for people who are already here, as well as wanting to invest in having their whole future here in Wales at some point as well.
So, graduates are part of what we are looking at, and, yes, we are looking at what has happened in Scotland. I've already had conversations with the Minister for education about the potential for graduate incentives to stay here, both people who graduate from a Welsh university—. And we have an oversupply of graduates that we produce in Wales; we are a net exporter of graduates. For some of those people who have lived and studied in Wales, for normally at least three years and more, to want them to stay—. We've had that conversation a bit when it comes to medical and healthcare-related graduates. Actually, we need to have a broader conversation about the sorts of incentives that we could sustainably introduce here in Wales to encourage people to stay, but also for people to come from outside Wales to be part of our story as well. I think that's quite exciting as an opportunity—to have a broader and strategic commitment to do so, as well as helping people to start up their own businesses.
Now, I wouldn't say that it's fair to characterise this as something that the Welsh Government has only just woken up to. We have had a range of different interventions to help get people in employment, education and training in the past. This recognises how acute the phase is now, with the demographic challenge that we have and, of course, the recovery that we need to see as we, hopefully, come towards the end of this pandemic in the months ahead.
There'll be more work for us to do, though, with our partners, once we do have the outcome of the spending review. So, more certainty on a range of spending areas, not just the successor funds from the European Union, but also the ability to then have a conversation with our partners. So, business groups, businesses, local government and trade unions will be coming back with the Government, we’ll be talking over this next period of time, and looking to then agree on some more detail in our plan for the future. So, you can expect more after that event, but more as we learn about what will work. So, yes, there’s more policy intervention to be finalised—you’re right to point that out from the statement—but I wouldn’t take the pessimistic view that because there isn’t a 100-page detailed document worked out now, that means that nothing can happen or will happen. I’d be more than happy to talk with him about that and, indeed, with the spokesperson for the Conservatives as we’re working through this in the months ahead.
On the point about co-operatives, of course, there is a debate tomorrow. I know that there is a Member slightly to my right and behind me looking to make a case for legislation, but it’s part of what this Government recognises about the opportunity to increase the size of the co-operative economy. We have a manifesto commitment to double the size of the co-operative economy within this Senedd term, and I am serious about doing so.
And when it comes to disabled employment and not just disabled employment, but more so the opportunities for remote working, it is something that we have all seen take off during the pandemic and it’s another opportunity for Wales. We already had at the end of the last Senedd term a commitment to increase the number of people able to work remotely. The pandemic has really accelerated that trend as more people, from necessity, have got used to working in a different location, as more people have changed again their view of the balance between work and life outside of work, and how they want to live and work, in commuting terms, not-commuting terms, but also what that then means about the changing nature of the world of work. And it’s a point where the hubs that we are developing are part of the answer, but businesses themselves, often working together with trade unions who want to see a settlement on this too, recognise they can actually have greater productivity gains for their workforce in working in a different way. But also, for some people, it improves their relationship with the world of work as well.
I was really struck by a conversation I had with a trade union that organises in the private sector, and one of their senior organisers said to me that they’ve seen a significant reduction in bullying and harassment claims through the period of the pandemic. As people return to more normal working but with a hybrid model still in place, for many people it improves their life in work as well as outside it, and the way that people behave with each other. So, there are real opportunities as well as challenges in doing so, but I am optimistic that this period of change can be a really positive one for Wales if we can all agree on what we’re going to do to seize the opportunity.