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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Australia
shows where conditions are ripe for quality job creation due to high skills supply and high skills demand. In 2011, 24 labour force regionsPopulation density can vary significantly across Australian regions. were in “high skills equilibrium”, where a high supply of skills (the percentage of people with post-secondary education) is matched by a high skills demand (the percentage of medium and high skills occupations).GVA, income and wages were not available at this geographical level. The highest level of skills supply and demand is observed in Lower Northern Sydney and Inner Melbourne. Twenty-five labour force regions were in “low skills equilibrium”, where a low skills supply is matched by a low skills demand.
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