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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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How to tailor vocational education and training to local needs

Local labour markets show considerable diversity in terms of the jobs available and the skills in demand. Vocational education and training (VET) systems should be agile enough to respond to these specific local conditions, while still ensuring a certain level of national coherence. This chapter examines the tools that OECD countries are using to strike this balance. The benefits and drawbacks of different mechanisms are identified, and country examples show how these tools are used in practice. While VET systems show considerable diversity within and across countries, this chapter also highlights some overarching principles that are relevant regardless of the system.

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