Job Creation and Local Economic Development
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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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Portugal
shows where conditions are ripe for quality job creation due to high skills supply and high skills demand. In 2010, Lisbon and Alentejo are in “high skills equilibrium”, where a high supply of skills (percentage of people with post-secondary education) is matched by a high skills demand (percentage of medium and high skills occupations and GVA per worker). Central Portugal and the Islands of Azores are in “low skills equilibrium”, where a low supply of skills is matched by a low demand for skills. The Islands of Madeira have a skills deficit, meaning that the demand for skills outstrips the supply, while North Portugal and Algarve are in skills surplus (the supply of skills exceeds demand).
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