I think that op is thinking that AB's point about "local employer's needs" is looking at the the benefits to local employers. No, it's for the benefit of the school leaver to be employable.
I'm a strong believer that being unemployed, particularly long term, is one of the worst things that can happen to a young person, with bad consequences for his health, his relationships, and even increasing the probability of going into crime.
Op is thinking in terms of "good jobs" and "bad jobs" but my point is that an increasing proportion of young people are heading towards NO job. No job is way way worse than any job.
We have so many children on a pathway to lacklustre or irrelevant degrees heading towards lower-end white collar jobs like HR, DEI, admin assistant, and these are the jobs that are being cut as companies tighten belts and use AI. Part of the problem is that we've brought these kids up thinking that working in the trades is "common" and for stupid people with bad grades, an idea op is clinging onto.
Actually, many trades are highly skilled and well paid. The builder-decorators who redid my bathroom (beautifully) are on nearly 6 figures, and they finish at 3pm everyday, no weekends, and are booked up months in advance. Absolutely nothing stupid about that job. And yes they even needed to use Pythagoras when doing flooring calculations. We need to put more British kids on that pathway because currently we are filling gaps with skilled workers from Europe and elsewhere.
I'd be much much happier if my kids had a life like that, than languishing through multiple interview rejections for some needless white collar job.