1Description

Timespan

2011 - present

Stage
Fully operational

2Foundations

Policy area

RETEL brings together relevant information on employment and education (Employment Observatory).

Policy goal

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.

Mismatch
Explicitly designed to address skill mismatch

Provides the LMSI and analysis (without measurement and identification, mismatch could not be identified).

Aim of policy instrument
Administrative level
National
Main responsible body

Ministère du Travail, de l'Emploi et de l'Économie sociale et solidaire

Stakeholders

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.

Funding

Unknown (involvement of many organisations).

Intended beneficiaries

All labour market participants.

3Processes

Use of labour market intelligence

General analysis of labour market issues. Catering potentially to all users of LMSI.

Frequency of updates

Quarterly

Development

No relevant changes were made with respect to the previous year.

Barriers

No barriers.

Success factors

Broad involvement of institutions.

Innovativeness
Slightly innovative

Processing LMSI into usable formats. Updating the information in quarterly reports for policy use.

4Sustainability

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.

Transferability
Easily transferable

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.

Sustainability

It is likely to continue. So far it seems to provide a platform of exchange generating "processed" LMSI.