The Importance of Labour Market Information (LMI)

Choosing a career is a big decision, and having the right information can make all the difference. Labour Market Information (LMI) helps students, parents, and teachers understand job trends, skills in demand, and future career opportunities. It provides insights into which industries are growing, the qualifications needed for different careers, and the earning potential of various jobs.

Why Labour Market Information is Important

For Students:

• Helps you explore career options based on job demand and salaries.
• Guides you in choosing the right subjects, courses, and qualifications.
• Prepares you for future job opportunities by identifying skills employers want.

For Parents:

• Supports you in advising your child about career choices.
• Helps you understand which careers have strong job prospects.
• Assists in planning for education and training costs.

For Teachers:

• Helps guide students toward careers that match their skills and interests.
• Supports lesson planning by incorporating real-world job trends.
• Ensures students are prepared for the evolving job market.

How to Use Labour Market Information

• Research careers that are in demand.
• Explore average salaries and working conditions.
• Find out what qualifications and skills are needed for different jobs.
• Look at future job growth to choose a stable and rewarding career.

By using Labour Market Information, students can make informed career choices, parents can provide the right support, and teachers can help prepare students for the future world of work!

Below is a list of data sources and information that can be used to inform careers advice and decision making:

• Explore LMI data – LMI For All - here you can find out where to get more information and intelligence of the UK labour market. 
• Labour Market Information for Derbyshire & Nottinghamshire
• Unit for Future Skills’ Local Skills Dashboard – provides statistics on local employment and skills in England to support local skills planning and delivery (including local skills improvement plans).
• Skills for Careers – provides a single front door to information about skills training options and careers. The website guides users through government’s skills offer.
• Employment and Employee Types (ONS) – provides information on employment rates (number of people in paid work as a proportion of the population) broken down by age and sex. Includes information on the number of people in employment and vacancies.

Policies

Please visit our policies page here for the Work Experience and CIAEG Policy and the Provider Access Policy.