Labour Market Information (LMI)
What is Labour Market Information (LMI)?
LMI effectively describes the world of work – it ranges from descriptions of different careers, their entry routes, promotional prospects, salaries paid, skills and qualifications needed, etc.
Crucially for young people, LMI also covers future demand – what kinds of jobs will be in demand after leaving school and what kinds of skills will be needed.
Why is LMI Important to Our Students?
‘It is vital, in an environment where new industries are emerging and many of the most important jobs of the future don’t yet exist, that individuals have access to high-quality labour market information and earnings data to underpin their choices’. Anne Milton MP
Below is a wealth of information to support LMI and at the bottom of the page you can access an LMI Bulletin which we recieve about once a month.
Learning from Careers and Labour Market Information.
Understanding LMI is becoming more and more important as the world changes, so that all students can be aware of where different job roles that are needed around the country and what types of jobs may need more people in the future. Below is information on what LMI actually means.
|What do people actually do in this job or industry?||
How many people work in this job or industry?
|How much do people get paid in this job or industry?||What qualifications do I need to do this job?||What skills or qualities do I need to do this job?|
|What are the typical working hours for this job?||What percentage of men and women work in this job or industry?||Where can this job or industry take me in the future?||Where are these jobs located around the country?||How many of these jobs will there be in the future?|
Skillsometer has been designed for those who are not sure what jobs they may be interested in. Thinking about skills, interests and the ways these can link to jobs can be a helpful first step in identifying possible future jobs.
The quiz requires you to reflect on a number statements and decide what you love, are not sure about or dislike. The statements are presented within six well established occupational categories (Artistic, Realistic, Investigative, Conventional, Enterprising, and Social), which are then ranked against jobs. Once you have completed the quiz you are given a short list of job suggestions that are most likely to be suited to your own particular skills and interests. Each job can be explored as a description is presented together with information on pay and hours. For further information on the job, and to compare with other jobs, you could then go to the Careerometer below.
Careerometer is an online data portal which connects and standardises existing sources of high quality, reliable LMI to support the process of identifying potential careers. It allows students to compare national average wages, working hours and future employment prospects.
How to use the Careerometer
Simply type in the first career that you think you might be interested in and select from the drop down list, then add your second and third choices to see the comparison.
LMI - Job vacancies
For up-to-date information on pay, employment levels and geographic distribution for different jobs please visit National Careers Website>
Jobs for the future
With the ever changing world of technology who can predict the careers which will be in demand in the future. Click on the image below to see possibilities:
LMI Information for the South East
Please click on the picture to view the LMI information for Surrey, London and surrounding areas.
|East Surrey, West Sussex and Greater Brighton|
Understanding Ways of Working and Key Terms
How people carry out their day to day roles and working patterns has changed dramatically especially post Covid-19.
Below are some key terms which relate to this area.
- Self employment - working for yourself.
- Temporary/fixed-term contracts - A fixed-term contract is a contract of employment for a fixed period. It has a known end date or length of contract. A temporary contract is a contract where the end date or length of the contract is unknown. The contract will indicate the anticipated length of the contract.
- Freelance and consultancy work - A freelance consultant, in simple terms, is a consultant who works with businesses on a freelance, contractual basis as opposed to working as a full-time employee. There are many different types of freelance consultants, specialising in a wide range of different areas like marketing, management, finance, and more.
- Zero or low hours contracts - A zero-hours contract is a type of employment contract between an employer and an employee. It effectively means that you, as an employer, are not obliged to guarantee any working hours to an individual. Equally, your worker is not obliged to accept any work that you offer them, and they are also free to work for other employers.
- Flexi-time - Flexitime, sometimes also called flextime, is a working schedule which allows employees to choose when to start and end their workday, and/or how long to take their break for, within agreed limits set by management. It's one of the key ways to increase work flexibility and attractiveness of a workplace
- Shift work - The term shift work refers to any work schedule that falls outside the hours of 7 am and 6 pm. Shift work can include evening, night, and early morning shifts, as well as fixed or rotating schedules.
- Full-time work - A full-time job typically implies a set work week, usually with eight-hour days and 40 hour weeks, although this can vary depending upon the industry and the nature of the position. The assumption is also a five-day workweek although this especially can vary for some professions.
- Part-time work - A part-time worker is someone who works fewer hours than a full-time worker. There's no specific number of hours that makes someone full or part-time, but a full-time worker will usually work 40 hours or more a week.
- Remote working - Remote work is the practice of employees doing their jobs from a location other than a central office operated by the employer. Such locations could include an employee's home, a co-working or other shared space, a private office, or any other place outside of the traditional office building.
- Working from home (WFH) - WFH means an employee is working from their house, apartment, or place of residence, rather than working from the office. Many companies have a WFH policy, or remote work policy, that allows their employees to work from home either full-time or when it's most convenient for them.
The Education Development Trust publishes Labour Market Bulletin and Insights on the Labour Market regularly. These publications can be found below: