IDEAS home Printed from https://ideas.repec.org/a/ozl/journl/v21y2018i3p253-268.html
   My bibliography  Save this article

Employment growth/ skill requirement estimation in India: a non-traditional approach

Author

Listed:
  • Tutan Ahmed

    (Vinod Gupta School of Management)

Abstract

There is a remarkable lack of regular labour market data in the context of a developing country such as India. Given the lack of regular labour market surveys, a lack of labour market data in the informal sector and the geographical vastness of the country, it is almost impossible to obtain labour market data regionally and regularly. Consequently, there is barely any possibility of obtaining job market forecasts. With the emphasis on skill development initiatives in India, the need for linking skill development initiatives with the labour market is felt quite prominently. Within this context, an initiative has been undertaken in India to develop a job growth and skill requirement forecasting model. It is a data-driven model to be designed with multiple sets of data such as job advertisements in websites, proxy data at the district level, and Government Survey data. Machine learning techniques will be used for prediction of job growth and skill requirement growth. This job forecasting model is likely to be cost-effective, easily replicated across districts and a tool for providing the forecasts for job growth and skill requirement growth regularly and comprehensively.

Suggested Citation

  • Tutan Ahmed, 2018. "Employment growth/ skill requirement estimation in India: a non-traditional approach," Australian Journal of Labour Economics (AJLE), Bankwest Curtin Economics Centre (BCEC), Curtin Business School, vol. 21(3), pages 253-268.
    • Handle: RePEc:ozl:journl:v:21:y:2018:i:3:p:253-268
    as

    Download full text from publisher

    File URL: http://ftprepec.drivehq.com/ozl/journl/downloads/AJLE213ahmed.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. repec:aia:aiaswp:wp60 is not listed on IDEAS
    2. Vinoj Abraham & S. K. Sasikumar, 2018. "Labour Market Institutions and New Technology: The Case of Employment Service in India," The Indian Journal of Labour Economics, Springer;The Indian Society of Labour Economics (ISLE), vol. 61(3), pages 453-471, September.
    3. Hughes, Gerard, 1991. "Manpower Forecasting: A Review of Methods and Practice in Some OECD Countries - FAS/ESRI Manpower Forecasting Studies, Report No. 1," Forecasting Report, Economic and Social Research Institute (ESRI), number BMI61.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Kuhn, Peter & Shen, Kailing & Zhang, Shuo, 2020. "Gender-targeted job ads in the recruitment process: Facts from a Chinese job board," Journal of Development Economics, Elsevier, vol. 147(C).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Sarah Edore Edewor & Genesis B. Kollie & Ibukun James Olaoye, 2023. "Conditions Driving Youth Employment in Key Sectors of the Nigerian Economy," Sustainability, MDPI, vol. 15(7), pages 1-23, March.
    2. Willems E., 1996. "Manpower Forecasting and Modelling Replacement Demand: An Overview," ROA Working Paper 004, Maastricht University, Research Centre for Education and the Labour Market (ROA).
    3. Corina FRASINEANU & Lavinia-Stefania TOTAN, 2017. "The Impact Of The Economic Crisis On The Labor Market From Romania," Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 11(1), pages 1022-1029, November.
    4. Lavinia Stefania TOTAN & Valentin Sorin POPESCU & Dana Petruta Vasilica BALAN, 2016. "Strategies And Perspectives Reffered To The Analysis And Development Of The Preuniversity Education System From Romania," Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 10(1), pages 190-194, November.
    5. Olufemi Ajayi Oladunni & Amos Abiodun Olasore & Mubarak Ayinla Abdulraheem & Luqman Wole Agboola, 2024. "Employment and Income Generation Potentials of Agricultural and Rural Management Training Institute’s Youth Empowerment Scheme in Nigeria," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 8(6), pages 3135-3144, June.
    6. Naura F. Campos & Gerard Hughes & St pan Jurajda & Daniel Munich, 1999. "When the Future is not what it used to be: Lessons from the Western European Experience to Forecasting Education and Training in Transition Economies," William Davidson Institute Working Papers Series 265, William Davidson Institute at the University of Michigan.

    More about this item

    Keywords

    labour market; India; job forecasting; multiple data sources; Hadoop; machine learning;
    All these keywords.

    JEL classification:

    • J2 - Labor and Demographic Economics - - Demand and Supply of Labor
    • C81 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Methodology for Collecting, Estimating, and Organizing Microeconomic Data; Data Access
    • C83 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Survey Methods; Sampling Methods
    • C88 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Other Computer Software

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ozl:journl:v:21:y:2018:i:3:p:253-268. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sandie Rawnsley (email available below). General contact details of provider: https://edirc.repec.org/data/becurau.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.