The Dynamic Benchmarking of Labour Markets

Jones M. K. (2004) The dynamic benchmarking of labour markets, Reg. Studies 38, 495-506. This paper investigates the potential role of benchmarking labour market performance at the regional level. It focuses on how labour market comparison can be simplified, using a single, composite measure of perf...

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Bibliographic Details
Published in:	Regional studies 2004-07, Vol.38 (5), p.493-504
Main Author:	Jones, Melanie K.
Format:	Article
Language:	eng
Subjects:	Benchmarking Benchmarks Comparative analysis Determination des points de repere Economics Estudio comparativo (benchmarking) Labor market Labour Labour market Marches du travail regionaux Mercados laborales regionales Normierung Regional labour markets Regional studies Regionale Arbeitsmarkte Studies
Online Access:	Get full text
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Summary:	Jones M. K. (2004) The dynamic benchmarking of labour markets, Reg. Studies 38, 495-506. This paper investigates the potential role of benchmarking labour market performance at the regional level. It focuses on how labour market comparison can be simplified, using a single, composite measure of performance, whilst capturing the multi-dimensional nature of labour market performance. The issues that surround the development of a composite measure are discussed, including the selection of domains, indicators, an appropriate benchmark and weights. The possibilities of dynamic benchmarking for monitoring labour market performance are illustrated through a benchmark of the Welsh Labour Market and the localities currently receiving Objective 1 funding.
ISSN:	0034-3404 1360-0591