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Job Creation and Local Economic Development

image of 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.

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Managing demographic transitions in local labour markets

Demographic changes will have broad economic, social, and political impacts worldwide, with some local areas experiencing the effects of an ageing population, stagnation in population growth, or even shrinking populations particularly sharply. For these areas, the importance of strengthening economic and social resilience – as opposed to a singular focus on growth – is clear. Better managing and supporting older workers will become increasingly relevant, including creating opportunities for more flexible working later in life and easing transitions into retirement. Additionally, new economic opportunities will come from an increased demand for products and services oriented to the ageing population (the “silver” and “white” economies).

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