Labour Market Information

market/lmi

Labour Market Information

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What is Labour Market Information (LMI)?

Labour Market Information helps identify changes or trends that affect the world of work. It also provides a picture of what will be required in the future. This information may be helpful when someone is looking for a career or thinking about changing jobs. LMI provides key information for employers to remain competitive.
 Labour Market Information (LMI) is needed to make better decisions about jobs or work environments. It includes information on occupations or careers such as:
  • educational requirements;
  • job descriptions;
  • salary rates;
  • the availability of workers; and
  • current employment trends and indicators.

 

It may also include information about:

  • the number of jobs in the manufacturing sector in comparison to the service sector;
  • a description of industries;
  • a listing of employers; and
  • their value to a particular community.
 
LMI is not limited to occupational and industrial information. It may also include information about:
  • the economic future for communities;
  • unemployment rates;
  • educational institutions;
  • the availability of skilled workers; and
  • the age, gender and educational level of the community members.
 

 

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Where can I find Information about the Labour Market?

Visit the Economic Research and Analysis (ERA) to find analysis and forecasting of the economics of Newfoundland and Labrador including:
  • Employment Growth Forecast; and
  • Labour Markets Bulletin

 

Visit Employment and Social Development Canada to view “Canadian Occupational Projection System (COPS) (2013-2023)"

 
Advanced Education and Skills published "Newfoundland and Labrador Labour Market OUTLOOK 2025" providing an in-depth look at the province's job market, how it is changing, key trends and opportunities for the workforce and economy.
 
The Labour Market Bulletin provides analytic information on the local labour market and an assessment of local industry and occupation events.

 

Additional LMI resources are available at:

 

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