Labour Market Information – What is it?

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Presentation transcript:

Labour Market Information – What is it? LMI includes reports, studies, statistics and other information about: labour supply and demand employment rates the local economy future labour trends business growth and decline information on jobs and sectors skills and qualifications

Did you know? About 3 in 10 jobs will be part-time by 2024 Did you know? 78% of the creative media workforce is educated to degree level Did you know? 160,000 jobs available due to workers leaving the labour market by 2024

Why is LMI important? It can help you: see the relevance of education to your future life by understanding how the skills and knowledge you develop affect your employability identify the sectors where there is growth and the possibility of jobs know what issues the sector is facing who are the main organisations in the sector; are they large or small companies demonstrates to potential employers your understanding of the environment in which they operate

NOMIS web at http://www.nomisweb.co.uk Where to look for LMI? Careers library Job advertisements NOMIS web at http://www.nomisweb.co.uk Business directories Office of National Statistics survey results at http://statistics.gov.uk Local press People you know

Oxfordshire Labour Market Information Opportunities to Inspire (O2i) Another place to look: Oxfordshire Labour Market Information Found on the Opportunities to Inspire (O2i) website http://www.o2i.org/content/lmi

Link each term with its definition LMI activity 1: Link each term with its definition

Oxfordshire Labour Market Information LMI activity 2: Information scanning Oxfordshire Labour Market Information In pairs or small groups, use the LMI bulletin to choose a sector within that interests you. Pick out at least one piece of information from the bulletin about that sector. For example: The number of employees in that sector? What is future of the sector? What sort of occupations does the sector cover? What is the size of the sector in Oxfordshire?

LMI activity 3: Researching careers Small company websites: Large company websites:

Oxfordshire Labour Market Information LMI activity 3: Researching careers Oxfordshire Labour Market Information Find a local company in your chosen sector using online search engines (e.g. ‘Construction companies in Oxfordshire’) Create a short presentation on one company answering , for example: What does the company do? Where is the company located?​ How big is the company (e.g. how many it employs)​? Can you pick out key messages about the companies values, such as what it ​stands for?