RETEL brings together relevant information on employment and education (Employment Observatory).
The goal is to provide LMSI and analysis for all interested parties. It aims to produce studies from existing data, in order to improve the overall knowledge base of the labour market situation. The RETEL regularly publishes a dashboard for the labour market. It also organises annual conferences related to the labour market and employment in Luxemburg.
Explicitly designed to address skill mismatch
Provides the LMSI and analysis (without measurement and identification, mismatch could not be identified).
STATEC (Data provision), ADEM (data / expertise), and Inspection générale de la sécurité sociale (IGSS) all provide data and expertise. Central bank, CES, Chambers of Commerce, University of Luxembourg, Luxembourg Institute of Socio-Economic Research (LISER), and regional labour market observatories all provide analytical capacity.
General analysis of labour market issues. Catering potentially to all users of LMSI.
Frequency of updates
No relevant changes were made with respect to the previous year.
Broad involvement of institutions.
Processing LMSI into usable formats. Updating the information in quarterly reports for policy use.
Evidence of effectiveness
So far five regular reports have been issued on the situation of the labour market.
Engagement of stakeholders
Stipulated in law, quarterly update necessitate regular meetings/work.
Analysis of the main LMSI using broad range of labour market organisations. It follows the general principle to provide a single organisation collecting information on LMSI that is easily accessible to all other stakeholders involved. Simple, but often not done.
It is likely to continue. So far it seems to provide a platform of exchange generating "processed" LMSI.