This indicator measures the # or % of training participants which are taking part in activities providing market linkages during or after graduation.
Market linkage can take various forms. In particular, it includes information on the current labor market and its personnel demand. Focusing especially on providing labor market information (LMI). But there are also other forms of market linkages, especially when it comes to self-employment. Here linkages to economic market are key to obtain information on supply and demand, prices, market actors within the entire supply and value chain, access to financing institutes and credits, etc.
Why is it important?
The linkage between the (labor) market and the offered trainings is key, so that training does not ignore the needs of the market.
At the same time, after successful completion of training, linkages to (labor) market must be established to facilitate the transition from education to employment.
The link to the labor market and the offer for employees plays a important role. Access to this kind of information is mostly limited. This also applies to entrepreneurs and their ability to navigate the market and build their business.