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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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Entrepreneurship can bring disadvantaged youth into the labour market

This chapter discusses the potential role of entrepreneurship support can play in bringing disadvantaged youth into the labour market, such as those not in employment, education or training (NEETs) and youth with disabilities. It presents the barriers to business creation faced by disadvantaged youth and discusses the range of policy actions that can help them overcome the obstacles. It highlights areas where actions can be taken at the local level, including the provision of entrepreneurship training, coaching and mentoring; financing; and support for network building. The chapter offers guidance for policy makers and provides examples of good practices from OECD countries.

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