LMI
Labour Market Information or LMI usually refers to data found in tables, spreadsheets, maps, graphs, charts, reports and newspaper articles, or it may exist informally and anecdotally.
It can tell us:
where jobs are currently located
the current size of industrial sectors and changes which might be expected in coming years
where there are shortages or oversupply of potential employees and skills
the hours and wages that can be realistically be expected
the skills employers are seeking
entry routes into jobs, careers and sectors
LMI is collected by a variety of organisations, including government departments and agencies, employer and professional organisations, trade unions, academics, as well as Sector Skills Councils.
