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
where there are shortages or oversupply of potential employees and skills
the hours and wages that can be realistically expected
the skills employers are seeking
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.
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