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Skilled technical occupationsâ€"defined as occupations that require a high level of knowledge in a technical domain but do not require a bachelor's degree for entryâ€"are a key component of the U.S. economy. In response to globalization and advances in science and technology, American firms are demanding workers with greater proficiency in literacy and numeracy, as well as strong interpersonal, technical, and problem-solving skills. However, employer surveys and industry and government reports have raised concerns that the nation may not have an adequate supply of skilled technical workers to achieve its competitiveness and economic growth objectives. In response to the broader need for policy information and advice, Building America's Skilled Technical Workforce examines the coverage, effectiveness, flexibility, and coordination of the policies and various programs that prepare Americans for skilled technical jobs. This report provides action-oriented recommendations for improving the American system of technical education, training, and certification.
This NAO report considers the patterns of work and worklessness in the United Kingdom, with an analysis on national, regional and local level. The report sets out a number of findings, including: that competition for vacancies is greater in some regions and local areas than others; the workless population have significantly lower qualifications than the work-in population, and in their last job, were more likely to have worked in lower skilled jobs; that the economically inactive have characteristics that are further removed from the employed than those of the unemployed; the relationship between qualifications, jobs and worklessness is not simple; disability has an impact on working and worklessness; black and minority ethnic groups have a lower employment rate, however the degree of the employment gap varies between areas; Jobsearch methods of the workless differ substantially from the methods reported as successful by those in work; Jobcentre use varies by region, sector, qualification level, and ethnicity; local area analysis shows significant differences within and between locations
Labor Markets and Business Cycles integrates search and matching theory with the neoclassical growth model to better understand labor market outcomes. Robert Shimer shows analytically and quantitatively that rigid wages are important for explaining the volatile behavior of the unemployment rate in business cycles. The book focuses on the labor wedge that arises when the marginal rate of substitution between consumption and leisure does not equal the marginal product of labor. According to competitive models of the labor market, the labor wedge should be constant and equal to the labor income tax rate. But in U.S. data, the wedge is strongly countercyclical, making it seem as if recessions are periods when workers are dissuaded from working and firms are dissuaded from hiring because of an increase in the labor income tax rate. When job searches are time consuming and wages are flexible, search frictions--the cost of a job search--act like labor adjustment costs, further exacerbating inconsistencies between the competitive model and data. The book shows that wage rigidities can reconcile the search model with the data, providing a quantitatively more accurate depiction of labor markets, consumption, and investment dynamics. Developing detailed search and matching models, Labor Markets and Business Cycles will be the main reference for those interested in the intersection of labor market dynamics and business cycle research.
The concept of employability has provided a foundation for much current labour market policy. It has also provided a useful framework for analyzing national and urban labour markets and related policies in a variety of different circumstances both for those in and out of work. The papers in this book help progress the concept of employability, demonstrating the importance of the geographic and spatial context, and showing its flexibility and usefulness as a basis for theory, analysis and policy. The papers are divided into two main sections: understanding the concept of employability lessons for labour market policy in changing labour markets. The chapters also provide general insights into many current labour market policy debates. As employability continues to be the foundation of many labour market policies, this volume considers the economic and geographical dimensions of employability in local labour market analysis and policy. This book was previously published as a special issue of the journal Urban Studies.
A guide to the continually evolving field of labour economics.
An argument that operational urban planning can be improved by the application of the tools of urban economics to the design of regulations and infrastructure. Urban planning is a craft learned through practice. Planners make rapid decisions that have an immediate impact on the ground—the width of streets, the minimum size of land parcels, the heights of buildings. The language they use to describe their objectives is qualitative—“sustainable,” “livable,” “resilient”—often with no link to measurable outcomes. Urban economics, on the other hand, is a quantitative science, based on theories, models, and empirical evidence largely developed in academic settings. In this book, the eminent urban planner Alain Bertaud argues that applying the theories of urban economics to the practice of urban planning would greatly improve both the productivity of cities and the welfare of urban citizens. Bertaud explains that markets provide the indispensable mechanism for cities’ development. He cites the experience of cities without markets for land or labor in pre-reform China and Russia; this “urban planners’ dream” created inefficiencies and waste. Drawing on five decades of urban planning experience in forty cities around the world, Bertaud links cities’ productivity to the size of their labor markets; argues that the design of infrastructure and markets can complement each other; examines the spatial distribution of land prices and densities; stresses the importance of mobility and affordability; and critiques the land use regulations in a number of cities that aim at redesigning existing cities instead of just trying to alleviate clear negative externalities. Bertaud concludes by describing the new role that joint teams of urban planners and economists could play to improve the way cities are managed.
Although research on the labour market has remained central to the development of work on gender in geography, there has been an absence of texts on the importance of space in relation to employment. This volume explores the geography of women's participation in the UK labour market and centres on the importance of work-home interdependencies and factors which both influence women's decision-making processes and contribute to the formation of their perceived societal role. The book draws on interviews with individual women about the influential factors in deciding whether or not they participate in the formal labour market. It highlights the importance of social and cultural factors in addition to the availability of jobs in the local economy in influencing labour market participation. It also compares the choices the Government claims to provide with the choices individual women feel they have when it comes to negotiating their everyday lives.