Description
Country
Focus area
The occupational barometer is a qualitative method of forecasting short-term labour demand by occupation. The estimates are compiled by the regional departments of the Estonian Unemployment Insurance Fund, which involve external experts wherever possible.
Link
Reference/weblink
Implementation level
At what level is the initiative implemented?
National
Starting period
TIMESPAN: In what year did the initiative commence?
2016
Perspective
PERSPECTIVE: is the initiative based on evidence derived from skill forecasts or foresight activities?
The barometer provides short-term, general trends in the labour market by occupation using a qualitative method of forecasting based on employers’ perspectives. Two indicators are taken into consideration: i) how employers’ demand for labour will change in the next 12 months, especially the demand for specific occupations; and ii) based on the assessment of the first indicator, whether there will be a labour surplus or shortage in occupations after these 12 months.
Policy area
To which POLICY AREAS(s) does the initiative apply?
Funding
How it is funded?
Funded by national government
Skill mismatch
Skill mismatch target
What type(s) of skills MISMATCH does the initiative aim to addresses?
Skill shortages (employers cannot fill their vacancies due to a lack of skills in the labour market)
The initiative provides information on labour surplus or shortage in occupations.
Skills matching focus
How does the initiative address skills mismatches?
The initiative provides information on labour markets trends and the demand by occupation
Information can be used for making decisions in job change and for career counsellors.
The initiative provides information on labour markets trends and the demand by occupation and results can be used in policy making to address occupational skills shortages.
The initiative provides information on labour markets trends and the demand by occupation
Methods
Methods
What methods of undertaking skills assessments and / or skills anticipation does the policy instrument utilise?
Skills forecasting
The initiative provides short-term forecasts
Expert panels
The initiative involves external experts in preparing the forecasts.
Use of skills intelligence
How is labour market information / skills intelligence used within the initiative?
The initiative provides information by occupations and at regional level that can be used in the planning the training provision, providing career guidance services and in making professional development choices.
Stakeholders
Other involved organisations
Which other organisations have a role in the initiative?
National ministry
The Ministry of Economic Affairs and Communications
Regional PES
The estimates are compiled by the regional departments of the Estonian Unemployment Insurance Fund
Other
Estionian Qualifications Authority cooperates with the Estonian Unemployment Insurance Fund in skills anticipation and results dissemination
Beneficiaries
Who are the intended beneficiaries?
The initiatve provides labour demand forecasts on the Estonian labour market by region and specific occupation. It can be used in making career and professional development choices.
Young people making the transition from education into work
Adults in employment with upskilling potential
Adults in employment with reskilling potential
Employed adults at risk of job displacement
Sustainability
Success factors
SUCCESS FACTORS in the implementation
the Estonian Unemployment Insurance Fund’s occupational barometer,
forecasts short-term labour demand by occupation and region, giving
LMSI with a narrower focus. It colloborates also with OSKA and adds a different time-perspectives for future skill needs in Estonia. It also provides nice data visualisations per region and occupation.
forecasts short-term labour demand by occupation and region, giving
LMSI with a narrower focus. It colloborates also with OSKA and adds a different time-perspectives for future skill needs in Estonia. It also provides nice data visualisations per region and occupation.
Monitoring and evaluation
MONITORING and EVALUATION: Is progress measured regularly? What are the indicators used to measure progress of the policy instrument? Have any evaluations been conducted?
There are no specific indicators to measure the progress of the inititative. It is part of the Estonian Unemployment Insurance fund and is reported in its annual reports.
Updates
UPDATES: whether there have been any major updates of the initiative since it has been implemented?
No
No major updates.
Effectiveness
EVIDENCE ON EFFECTIVENESS: How effective is the policy instrument?
The initiatve is one of the most important LMSI sources in Estonia.
Sustainability
SUSTAINABILITY: How sustainable is the policy instrument? Do you expect the instrument to continue over the next few years and why?
Yes, it is expected to continue.
Other instruments in Estonia
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