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The Dynamic Benchmarking of Labour Markets

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  • Melanie Jones

Abstract

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.

Suggested Citation

  • Melanie Jones, 2004. "The Dynamic Benchmarking of Labour Markets," Regional Studies, Taylor & Francis Journals, vol. 38(5), pages 493-504.
    • Handle: RePEc:taf:regstd:v:38:y:2004:i:5:p:493-504
    DOI: 10.1080/0143116042000229276
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    References listed on IDEAS

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    Cited by:

    1. Gebel, Michael, 2006. "Monitoring und Benchmarking bei arbeitsmarktpolitischen Maßnahmen," ZEW Dokumentationen 06-01, ZEW - Leibniz Centre for European Economic Research.

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