Job Creation and Local Economic Development
This publication highlights new evidence on policies to support job creation, bringing together the latest research on labour market, entrepreneurship and local economic development policy to help governments support job creation in the recovery. It also includes a set of country pages featuring, among other things, new data on skills supply and demand at the level of smaller OECD regions (TL3).
This publication is the first in a series to take this integrative approach, and it is designed to be user friendly and accessible to all government officials, academics, practitioners and civil society with an interest in local economic development and job creation.
Also available in: French
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New Zealand
shows where conditions are ripe for quality job creation due to high skills supply and high skills demand. In 2013 five sub-regions – Wellington, Auckland, Waikato, Canterbury and Otago – were in “high skills equilibrium” where a high supply of skills (percentage of people with post-secondary education) is matched by a high skills demand (percentage of medium and high skills occupations and average weekly income). Taranaki was in a skills deficit, while Manawatu-Wanganui was in a skills surplus. Northland, Gisborne, Hawke’s Bay, the West Coast and Southland were in “low skills equilibrium”, where low skills supply is matched by low skills demand.
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