Development of the labour market forecasting system

Sub-activity of the operational program, within which ESF funding is granted

1. Operational Programme "Growth and Employment"
7.1.2. Objective of the specific support - "Developing a pre-emptive system for labour market transformations, ensuring its link with the Employment barometer"
7.1.2.2. measure "Labour Market pre-emptive redeployment system implementation"

Implementer

Place of implementation

The territory of the Republic of Latvia

Period of implementation

65 months
17.08.2016-31.12.2021

Objective

To create a Job preemptive redeployment scheme, in order to make informed decisions appropriate for economic needs to provide development and implementation of the policy. The labor market transformation preemptive system will provide easy and transparent information on skills and professions demanded in both short, as well as and medium and long-term, as well as information on learning opportunities, which will facilitate future career choices of users.

Activities

• A study on the labor market transformation preemptive system development, and on the link between market forecasts and working policies has been carried out;
• A short-term labor market forecasting methodology, including short-term projections on a skills perspective and guidance for methodology users has been provided;
• Five employer surveys for renewing for labour market short-term forecasts have been carried out;
• Technical specification for the creation of labour supply and demand projections in the display platform (including a medium and long-term forecasting and analysis tool visual solution (prototype)) has been created;

Target group

Employment policy development and implementation institutions involved;
State Employment Agency officials and employees;
officials and employees of the Ministry of Economics.

Funding

• Total eligible project costs 1 487 720 EUR
• Eligible ESF co-funding EUR 1 264 562 EUR

Expected results