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.

English Also available in: French


South Africa

shows where conditions are ripe for quality job creation due to high skills supply and high skills demand across the nine regions of South Africa. In 2012 three regions were in “high skills equilibrium” where a high skills supply (percentage of people with post-secondary education) is matched by a high skills demand (percentage of people with medium and high skills occupations and GVA per worker). Among these, Gauteng and Western Cape have a particularly high skills supply, while Free State is slightly above the national average in terms of both skills supply and demand. Eastern Cape and KwaZulu-Natal were in “low skills equilibrium” (where low skills supply is matched by low demand). Among the four regions in skills mismatch, Limpopo and Mpumalanga were in skills surplus, where supply exceeds demand. Northern Cape and North West showed skills deficits.



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