What is Labour Market Information (LMI)?
Labour Market Information (LMI) is the term given to the world of work which helps us understand more about jobs locally and nationally. LMI is a useful tool to help research future jobs in the local area, understand the skills needed for certain roles and the demand for future employment. LMI can help you understand:
- what a job involves on a day-to-day basis
- which jobs are growing or declining
- what qualifications or skills you might need to do a job
- how much you might earn
- how your interests and skills are relevant to particular jobs
- what jobs there are in your region.
When thinking about your career ideas it is useful to consider what is happening in the labour market; consider what is happening around you and always have ‘back up’ ideas.
Careers in Leicester and Leicestershire
Careerometer can be used to explore and compare key information about occupations, help you learn about different occupations and identify potential careers. It provides access to a selection of UK headline data relating to pay, weekly hours of work and future employment prospects for different occupations, as well as description of the 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. You can then look up another two occupations and compare. You can also select ‘display the UK average’ and compare the information with the occupation you have selected.
Looking to the future
With developments in technology there are now numerous jobs that did not exist 10 years ago. It is important to keep up to date with what is happening locally, nationally and internationally. No one can predict all the jobs young people will be able to choose from in the second half of the 21st century but this article lists just a few of the jobs that are likely to be in demand over the next 15 years.
This video aims to take a look at the future of careers. What is likely to change and how can young people prepare?
Leicester and Leicestershire is an amazing place to live and work. As one of the most vibrant areas in the East Midlands there is a lot to shout about.
Find out about the City of Leicester profile including jobs recently advertised in the local area and key sectors / employers.
Download the LLEP young persons ‘World of Work’ guide
The Leicester and Leicestershire Enterprise Partnership (LLEP) videos below highlight exciting local developments with a range of sectors including space, low carbon, and digital.
Pathways videos which focus on routes into these key areas can also be accessed here.