Want to know which career areas are growing and which are declining? LMI websites can help you to compare different career areas by looking at their predicted growth/decline rates, average salaries, working hours etc – all to help you make an informed decision.
As a student it is important to have opportunities to access impartial on-line resources to help you develop your aspirations, reflect, and evaluate your own goals and use information obtained to help make decisions about possible options and career paths. You might want to make your choices based on current employment trends. The Shaw Trust have produced a handy and visual guide to understanding labour market information – who’s hiring; what sectors are expanding – it 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 - watch Understanding Labour Market Information by Shaw Trust below:
Labour Market Information guide for teachers, young people and parents/carers
The National Career Service website provides extensive LMI information. LMI provides you with knowledge and understanding of how the labour market functions and is essential for understanding the changing economic circumstances and allows you to reflect upon what the future holds.