Pseudo Comparitive Advantage: Melrose
This community has a partially well utilized workforce, that is only somewhat realizing its comparative advantage of being located on the coast. This community should focus on improving performance with respect to its labour market and income utilization. Its job market is 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 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 Functional Region level where it has a moderate Pseudo Comparative Disadvantage
Overview
This is community is a relatively
- competitive provincial employment centre
- competitive regional employment centre
- competitive local employment centre
This community can compete with similar-sized communities on a provincial, regional, or local scale.