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(3 MB) Labor Market Assessment
The LAC Regional Workforce Development Program (RWDP) has designed and conducted a baseline assessment to examine the labor markets, and in particular, market demand for skills, in each of the countries in which the Program is working. This evaluation of each country’s labor market analyzes economic trends and patterns and identifies growth sectors. The study looks at the demand for technical education graduates, and the supply of qualified workers in selected growth sectors. It entails significant use of a value chain framework, a tool that is designed to be adopted by local stakeholders and identify and understand ongoing demand for the types of skills provided through technical education at the tertiary level. The goal is that this assessment will not only help technical training institutions in Guatemala revamp their offerings, but also, more generally, will help decision-makers understand what the demand for skills might look like in the future.
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