Analysis of local labour market

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Analysis of local labour market

I have decided to look at how the Redbridge branch of Tesco would use local labour market information when recruiting a supervisor. It is important to understand what a local labour market is. It is a particular group of potential employees locally who passes the skills and knowledge required by an organisation at a particular point in time.

Redbridge is large place, where large densities of people live, which allows employers to reach a large amount of people. The table below shows the population of Redbridge area for Males and Females in certain ages.

But however Redbridge has many retail companies which leads Tesco to a lot of competition.

The figures above will effect Tesco’s Human Resources Planing when making sure that the organisation has the right number of employees.

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Population in local area is one thing that Tesco could look at. The table above shows the population in Redbridge. The average age of a person working in Redbridge is in the 30’s. this means that the average age of a person working in Tesco will be in his/hers30’s.

Number of employees by industrial sector 1999

The figures above shows that in Redbridge there is a large amount of people who have skills to work in whole /retail trade, and there is obviously high demand for jobs in the retail area. Taking this in to consideration there will ...

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