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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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Skills and jobs: Some places are being left behind

The right mix of policies and programmes can help to reduce potential skills mismatches and promote growth. However, determining what this mix should be at the local level requires complementing traditional labour market indicators with information on the local alignment between the skills of the workforce and the jobs available. This chapter looks at sub-regional data on skills and jobs to help local economies better understand how they fare on national and international benchmarks. It also measures the geographic dispersion of skills and jobs within countries to examine whether gaps between places are growing or shrinking.

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