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Labour Market Information (LMI) – Working at sectoral level

There are many different ways to assess the scale and nature of changing skills demand. Skills supply also has several facets. Analysis of skills demand and supply and possible mismatches can take many different forms.

A sectoral approach to such matters is de ned as one which looks at changing skills needs from the perspective of a particular sector. The term sector is used here to de ne speci c areas of economic activity, the subdivisions used for analysis and classi cation in an economic system.

Sectoral approaches encompass a range of different tools and methodologies, both quantitative and qualitative. Emphasis is often on the latter. Sectoral approaches to skills anticipation are an important part of the ‘toolkit’ for economic and skills development. They are best undertaken as part of a larger whole, which takes a holistic view of the issues involved in economic development, although some parts can also be undertaken in isolation. This is illustrated in some of the cases considered here.

A range of sectoral studies and approaches, using many different tools and methods, has been identified in the guide. Choices need to be made as to which approaches are used: several factors come into play and these are set out in detail. Various methodological options, covering both quantitative and qualitative approaches, are reviewed. Many of the cases considered involve a combination of several such approaches.

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Chosen excerpts by Job Market Monitor. Read the whole story at Working at sectoral level | Cedefop

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