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Labour Market Information – What is it? LMI includes reports, studies, statistics and other information about: the local economy business growth and decline.

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Presentation on theme: "Labour Market Information – What is it? LMI includes reports, studies, statistics and other information about: the local economy business growth and decline."— Presentation transcript:

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

2 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

3 Why is LMI important? It can help you: demonstrates to potential employers your understanding of the environment in which they operate 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

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

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

6 LMI activity 1: Link each term with its definition

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8 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?

9 LMI activity 3: Researching careers National careers service: Small company websites: Large company websites:

10 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?


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