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Pseudo Comparitive Advantage: Labrador City

This community has a very well utilized workforce. All three major aspects of its economy are relatively well structured.

The best competitive level for this community in terms of Demography is at the Provincial level where it has a high Pseudo Comparative Advantage

The best competitive level for this community in terms of Economic Structure is at the Provincial level where it has a low Pseudo Comparative Advantage

The best competitive level for this community in terms of Income Structure is at the Provincial level where it has a very high Pseudo Comparative Advantage

Overview

This is community is a relatively

  • competitive provincial labour supply centre
  • competitive regional labour supply centre
  • competitive local labour supply centre

This community can compete with similar-sized communities on a provincial, regional, or local scale.