Measuring and Tackling Mismatches
Labour Markets and Employment Policy series
Edited by Michael Neugart and Klaus Schömann
Most of the contributions in this volume on forecasting labour market trends stem from the workshop ‘Learning Processes and Future Needs of Qualiﬁcations in the OECD’, held at the Wissenschaftszentrum Berlin für Sozialforschung (WZB). The set of papers presented there has been updated in terms of the forecasts made, and augmented with contributions from other countries in order to broaden the spectrum of perspectives and issues covered. Thus, the book gives a wide-ranging overview of the state of labour market forecasting as it stands in the selected countries right now. To make the research done in this ﬁeld accessible for a broad readership, the contributors tried to boil down the technical descriptions of the models employed to their most important features. Besides presenting forecasting models, the contributions provide an introduction to the history of forecasting in each country concerned, highlight the requirements for building appropriate data sets and present the most up-to-date forecasts. In most cases the forecasts project mismatches on the labour market as they are likely to occur in the coming years with respect to occupational groups, qualiﬁcations and employment in speciﬁc sectors. The country examples show how information on labour market trends is disseminated and used by various actors, such as policymakers, ﬁrms and individuals. It becomes clear that forecasting labour market trends can help all these groups make better informed decisions. Viewed in this way, forecasting may help to reduce individual risks associated with employment careers. To a certain extent it serves...
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