Labour Market Information

What is Labour Market Information? (LMI)

Labour Market Information (LMI) provides statistics, research and analysis about current and future economic and job trends to inform and support career and business planning decisions. 

 

Demand

This includes:
  • where the jobs are
  • the structure of
    the work
  • the skills/qualifications
    to do the jobs
Supply

The people who make up the labour market:
  • gender mix
  • ethnic mix
  • disability profile
  • skills and qualifications
Other

Factors affecting
the labour market:
  • economic changes
  • political changes
Gathered and used at:
Local
Regional
National
International Level

The importance of LMI to your students

Keeping up to date with what's happening in the labour market is important for anyone making careers related decisions about their future and LMI should play a key role in any careers department.  Your students should be aware of:

  • What opportunities are out there for them

  • What the future trends are likely to be in different sectors

  • What qualifications and skills they'll need 

  • How they need to prepare themselves to compete for jobs in some sectors

Find out how employers can support
the curriculum - Access the Education Business Exchange

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