the role of forecasting

While scenario planning allows for a range of possible futures to emerge and to be explored, forecasting is essentially a linear process – that is, if things stay the same, then in X number of years we will be in Y situation. Many forecasting models can allow for adjustments in the variables – if X changes then this is what we can expect to happen to Y.

A note on forecasting in relation to identification and use of data on regional key
competencies. Forecasting in general [...] Forecasting for prediction [...] Forecasting of regional industry development... Open Forecast note.pdf »

“Labour market observatories” Analysis of the labour market: instruments, use and precautions. There are labour market observatories in most EU member states, and as the name indicates, the observatory as has its main activity to observe the functioning of the national and / or regional labour market ... Open labourmarketobservatories.pdf »