Multivariate and Multicriteria Evaluation of Labour Market Situation
Monika Sedenkova, Jiri Horak
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.