RAI - Labour Market Efficiency (LGA) 2011

This data has been created by the Regional Australia Institute for the [[In]Sight competitive index](http://www.regionalaustralia.org.au/research-policy/insight) released in 2012. Modelled on the World Economic Forums Global Competitiveness Report [In]Sight was developed in collaboration with Deloitte Access Economics and combines data from sources including the Australian Bureau of Statistics and the Social Health Atlas of Australia.\n\nBoth employment rates and the levels of labour force participation are key inputs into the creation of an efficient labour market. Generally long-term unemployment indicates the presence of inherent structural problems which may adversely impact competitiveness. Low labour force participation may reflect low education levels in the region a lack of economic opportunities or an atypical age structure (such as a skew towards retirement age persons).