What Is LMI And What Types Of LMI Are There?
LMI stands for labour market Information and refers to any relevant information about the current state of the jobs market.
LMI can include information like:
- The industries and businesses that operate in a certain location.
- The types of jobs that exist and what they involve.
- How many of those jobs there are.
- The skills that are currently or will be in high demand.
- Commute and travel to work patterns.
- Typical rates of pay.
- Career progression opportunities.
The world of work is complex, even for adults who have had long professional careers. Many people feel that they fell into their career “by accident” or had to take the available opportunities rather than follow their passions.
LMI helps to demystify the jobs market. It helps to take the confusion out of career planning, job hunting, career progression, and changing career. When people have accurate and up-to-date information, they are better equipped to make an informed choice and to plan appropriately.
In other words, robust LMI makes navigating the world of work easier for everyone.
Links and Resources
Cheshire and Warrington LEP Opportunities website https://www.candwopportunities.co.uk/
This portal is updated with live jobs in the region every 30 minutes. Everyone can use the site to find out about jobs in local growth sectors and how to retrain or upskill.
National LMI
Icould https://icould.com/
A good website for young people and their family to explore. Take the Buzz Quiz, find out about a huge variety of jobs and watch inspirational career story videos.
First Careers https://www.firstcareers.co.uk/
This website is great for younger students to explore how their favourite subjects can lead to a range of careers and discover work experience opportunities with well-known employers.
This is more than just a universities website. Young people and their families can find out about different careers, apprenticeships, going to college as well as university.
Prospects https://www.prospects.ac.uk/job-profiles
All students can browse one of the most comprehensive lists of job profiles giving information about the role, qualifications, salary and the skills required. There are also tips for gaining work experience in each career.
