Pseudo Comparitive Advantage: Lushes Bight-Beaumont-Beaumont North

This community has a underutilized workforce, that is not realizing its comparative advantage of being located on the coast. This community should focus on improving performance with respect to its labour market, job market, and income utilization. None of the three major aspects of its economy are relatively well structured.

The best competitive level for this community in terms of Demography is at the Functional Region level where it has a low Pseudo Comparative Disadvantage

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

The best competitive level for this community in terms of Income Structure is at the Economic Zone level where it has a moderate Pseudo Comparative Disadvantage

Overview

This is community is a relatively

non-competitive provincial employment centre
non-competitive regional employment centre
competitive local employment centre

This community can compete with similar-sized communities on a local scale.