Labour market intermediaries: a corrective to the human capital paradigm (mis)matching skills and jobs?

Anthony Dobbins; Alexandra Plows

doi:10.1080/13639080.2016.1255315

Labour market intermediaries: a corrective to the human capital paradigm (mis)matching skills and jobs?

Anthony Dobbins
, Alexandra Plows

Ysgol Busnes Albert Gubay

Allbwn ymchwil: Cyfraniad at gyfnodolyn › Erthygl › adolygiad gan gymheiriaid

479 Wedi eu Llwytho i Lawr (Pure)

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The orthodox supply-side human capital theory (HCT) paradigm is inadequate for understanding and adjusting to labour market volatility in UK regional economies like Wales. This article explores the role of regional labour market intermediaries (LMIs) in matching supply (skills) and demand (job opportunities) in regional labour markets. Some LMIs emerge because the HCT paradigm is failing. One Welsh LMI, Shaping the Future (StF), is explored empirically using qualitative methods. StF mainly adopted HCT tenets, but with some emergent demand-side focus. Despite helping workers adjust to labour market shocks, LMIs are not equipped to fix the structural demand-side problem of finite quality job opportunities in deindustrialized regions that accentuate skill use. A broader ‘skill eco-system’ paradigm is required, emphasising the foundational economy.

Iaith wreiddiol	Saesneg
Tudalennau (o-i)	571-584
Cyfnodolyn	Journal of Education and Work
Cyfrol	30
Rhif cyhoeddi	6
Dyddiad ar-lein cynnar	9 Tach 2016
Dynodwyr Gwrthrych Digidol (DOIs)	https://doi.org/10.1080/13639080.2016.1255315
Statws	Cyhoeddwyd - 2017

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Mae’r allbwn hwn yn cyfrannu at y Nod(au) Datblygu Cynaliadwy canlynol

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10.1080/13639080.2016.1255315

2016 Labour marketLlawysgrif awdur wedi’i dderbyn, 148 KB

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title = "Labour market intermediaries: a corrective to the human capital paradigm (mis)matching skills and jobs?",

abstract = "The orthodox supply-side human capital theory (HCT) paradigm is inadequate for understanding and adjusting to labour market volatility in UK regional economies like Wales. This article explores the role of regional labour market intermediaries (LMIs) in matching supply (skills) and demand (job opportunities) in regional labour markets. Some LMIs emerge because the HCT paradigm is failing. One Welsh LMI, Shaping the Future (StF), is explored empirically using qualitative methods. StF mainly adopted HCT tenets, but with some emergent demand-side focus. Despite helping workers adjust to labour market shocks, LMIs are not equipped to fix the structural demand-side problem of finite quality job opportunities in deindustrialized regions that accentuate skill use. A broader {\textquoteleft}skill eco-system{\textquoteright} paradigm is required, emphasising the foundational economy.",

keywords = "Human capital, Supply and demand, Retraining, labour market intermediaries, Job quality",

author = "Anthony Dobbins and Alexandra Plows",

note = "2016 Taylor \& Francis. This is the author accepted manuscript. The final version is available from Taylor \& Francis via the DOI in this record. ",

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KW - Supply and demand

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Labour market intermediaries: a corrective to the human capital paradigm (mis)matching skills and jobs?

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