Labour Market Information
LMI Explained
LMI stands for Labour Market Information. LMI is available at local, regional, national and even international level.
A generally accepted definition of LMI is:
‘Any information about the structure and working of a labour market, and any factors likely to influence the structure and working of that market, including: jobs available, people to do those jobs and changes in the business environment.'
Put simply, there are 3 main parts to labour market information:
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The Demand Side (the jobs available)
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The Supply Side (people to do the jobs available)
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Forces affecting the labour market (e.g. legislation)
Students can access further information at:
https://www.nomisweb.co.uk/reports/lmp/la/1946157111/report.aspx