Labour Market Information

What is labour market information (LMI)?

Labour market information tells you about the local or national demand there is for different skills and from different industries. Labour market information tells you:

  • Which jobs are likely to be easiest or hardest to find in your area
  • Which are the big employers in different areas and which ones have jobs on offer
  • What skills employers are looking for and which are in short supply
  • How much you can expect to be paid in specific jobs
  • What working conditions are like
  • What qualifications will be most helpful if you want a certain career
  • What the jobs of the future might look like and which jobs might disappear

All of these factors can help you make a more informed decision about what career path to take.

 

What's the difference between the national and local labour market?

National labour market information tells you about jobs and industries in the UK as a whole, whereas local labour market information focuses on one particular area, e.g. Cumbria. When researching the labour market for specific careers, both local and national information can be helpful.

Looking at national labour market information will give you a good overall picture of the opportunities open to you in each career area.

When looking at your career options at school, it's important that you find out as much as you can about the industry that you'd like to work in. Knowing how much you'll be paid, how competitive the job market is and where most jobs are based can all influence your decision in pursuing a career.

(Information taken from ‘Success at school’)

You can find out more Labour Market Information using the website https://www.lmiforall.org.uk/

 

 

 

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Cumbria
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admin@keswick.cumbria.sch.uk