Pseudo Comparitive Advantage: Red Bay

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 Economic Zone level where it has a low Pseudo Comparative Disadvantage

The best competitive level for this community in terms of Economic Structure is at the Economic Zone 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 low Pseudo Comparative Advantage

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.