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Job Creation and Local Economic Development 2016

image of Job Creation and Local Economic Development 2016

This second edition of Job Creation and Local Economic Development examines how national and local actors can better work together to support economic development and job creation at the local level. It sheds light on a continuum of issues – from how skills policy can better meet the needs of local communities to how local actors can better engage employers in apprenticeships and improve the implementation of SME and entrepreneurship policy. It includes international comparisons that allow local areas to take stock of how they are performing in the marketplace for skills and jobs. It also includes a set of country profiles featuring, among other things, new data on skills supply and demand at the level of OECD sub-regions (TL3).

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Creating the right conditions for job creation and local development

This chapter summarises the key messages from this publication by taking stock of how local areas are performing in the marketplace for skills and jobs; discussing how to improve the local delivery of vocational education and training, including apprenticeships; and examining how to tailor entrepreneurship and SME policies to specific places and populations. In particular, this chapter shows that with the right conditions in place, working locally can be a key component of promoting inclusive growth nationally. Additionally, it provides a snapshot of recent reforms across OECD countries related to empowering regional and local actors; building local resilience; taking innovative approaches to designing, delivering and financing local services; and engaging employers in employment and skills policies.

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