Sustainable development through workforce planning: Forecasting workforce demand for the industrial sector from 2007 to 2016

P. Dammage, Vathsala Wickramasinghe () and T.M.J.A. Cooray
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P. Dammage: University of Moratuwa
Vathsala Wickramasinghe: University of Moratuwa
T.M.J.A. Cooray: University of Moratuwa

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Abstract: This paper presents and discusses the results of a study on workforce forecasting for the industrial sector from 2007 to 2016. The workforce demand is estimated based on past investment and employment generation data. Two mathematical models were developed in order to forecast the future demand of the workforce at the national level and export processing zone level. An indicator called employment creation per investment was developed for the study. The data was collected from the Ministry of Investment Promotion since 1985 on investments and employment creation.

Keywords: Workforce supply and demand; Sustainable development; workforce planning; workforce demand forecasting; labour demand forecasting; employment generation; human capital planning; strategic workforce planning; employment projections; public policy; organisational planning; labour market analysis; skills forecasting; economic growth (search for similar items in EconPapers)
Date: 2008
Note: View the original document on HAL open archive server: https://hal.science/hal-05597006v1
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Published in Proceedings of International Conference on Business Management, 2008, Colombo, Sri Lanka. pp.147-151

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-05597006

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