Labour market information (LMI)
The labour or job market is a term used to describe the supply and demand of labour. The term ‘skill shortages’ is when employers struggle to find people with the right skills to fill a vacancy – and these can be indicators as to where some of the future jobs will be. The biggest challenge we face is to prepare our students for the most important jobs of the future which may not even exist! Accessing LMI can help make informed decisions.
What is LMI?
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LMI to consider include:
- What qualifications and skills do I need?
- What are the different types of jobs I can do in each sector?
- What could I earn now and what could this be in the future?
- What pathways could lead to my chosen careers?
- Where will the jobs be?
- What jobs are available?
- How many jobs are there?
- What is the best way to get to work?
|Skillsometer and Careerometer
The widget can be used to explore and compare key information about occupations to support the process of identifying potential careers.
The Careerometer widget provides access to a selection of headline data relating to pay, weekly hours of work and future employment prospects.
The data are organised by occupation: simply type in the title of the job you are interested in and the widget provides a series of options from which you can select the most relevant to you.
The North East Local Enterprise Partnership (North East LEP) is a public, private and education sector partnership. They produce the area’s Strategic Economic Plan, which is a blueprint for the activities that need to take place to improve our economy. It is worth looking at the areas of opportunity and the growth sectors within the North East. Key sectors.