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Analysis of local labour market

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Introduction

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. Males Populations Females Populations 16-19 6,900 16-19 6,600 20-24 9,000 20-24 8,900 25-34 17,100 25-34 17,700 35-44 19,000 35-44 18,600 45-54 14,700 45-54 14,800 55-59 6,300 55-59 6,700 60-64 4,900 60-64 5,100 65+ 13,200 65+ 19,000 Total 91,200 Total 97,400 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. Population in local area is one thing that Tesco could look at. ...read more.

Middle

Being unemployed brings with it financial hardship, loss of self-esteem and a feeling of isolation from the rest of society. The longer a person is out of work the harder it is to get back into the job market, as they can lose skills and motivation. For these reasons it is important to maintain a high and stable level of employment so everyone can share greater job opportunities. The sample pie below show how unemployment rates for men and women compares according to age. Unemployment rates by age and sex If you look at the two pie charts above it shows the unemployment in UK. This will effect Tesco when they are recruiting nationally. The average age for both men and women in UK who are unemployed in UK is between 20-29yrs which Tesco could be looking at. Redbridge Earnings Pay levels for those who work in Redbridge is low than in London. The average gross weekly earnings for full-time employees in the Redbridge at April 2000 were �344.70, which was 35% below the London average of �529.80 and many residents travel elsewhere to work. ...read more.

Conclusion

Tesco's jobs available and what rate of pay The Jobs on offer in Tesco are the same as for adults, they're for checkout, shelf filling and warehouse work. The hourly rate of pay is �3.12 at age of 16, rising to �3.55 at at age17 with regular pay reviews. They are paid by 4 weekly credit into a bank, so you must have a bank account. Redbridge Employment The major sectors of employment in Redbridge are wholesale/retail (31%), and business services (26%). A quarter of employment in Redbridge is in micro-businesses. Redbridge, as a Local Authority, has almost 7,500 employees including teachers in its 14 secondary, 54 primary, and 4 special schools. Other major employers in the Borough include British Telecom, P & O Containers, Kelvin Hughes, Royal Mail and Britannia Music. There are other major employers close to Redbridge, such as the Ford Motor Company and Rhone Poulenc Rorer Ltd. at Dagenham, and the major organisations sited in Docklands and the City of London. The majority of Redbridge residents are employed in banking/finance, distribution and manufacturing. Small firms have provided much of the impetus for job growth in Redbridge and those employing less than 10 people represent 90% of the 6500 businesses within the Borough ...read more.

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