Multivariate and Multicriteria Evaluation of Labour Market Situation
01.01.2006
Monika Sedenkova, Jiri Horak
C,C3,C30
Labour Market,GIS,Factor Analysis,Multicriteria Evaluation
Economy and Society
Gianmarco I.P. Ottaviano
Nowadays the analysts of labour markets have a lot of different data and indicators that can be used for the evaluation of the labour market and monitor its development. But such a great number of monitoring determinants can create problems both with the evaluation and with the description of the situation of the labour market. Thus it is necessary to select a limited number of important indicators. A tool that can help with the selection of these indicators is a method of multidimensional statistics – multivariate analysis. In some cases it is necessary to use only one complex indicator that can evaluate the labour market from a lot of aspects. For a solution we can use multicriteria evaluation. These methods are described in this paper. We recommend a procedure for the in-depth study of the labour market situation.