Labour Market Information (LMI) is information about what is happening in a labour market. LMI tends to focus on the industries that are growing and declining, the types and levels of jobs are increasing and decreasing and what supply of labour is available – numbers, skill and qualification levels.
Definition: A labour market is the place where workers and employees interact with each other. In the labour market, employers compete to hire the best, and the workers compete for the best satisfying job. Description: A labour market in an economy functions with demand and supply of labour.
This analysis supports the review of the earnings trigger and qualifying earnings band for automatic enrolment for the 2022 to 2023 financial year. This analysis…
Labour share of income, unit labour costs (ULCs), unit wage costs (UWCs) and average labour compensation per hour worked (ALCH), broken down by industry. Labour…
Following a year of huge disruption in 2020, the UK saw employer demand not only recovering in 2021, but reaching levels far above that seen…
A record number of 18-year-olds applied to study nursing in England in 2021, with the COVID pandemic playing a significant factor in their decision to…
Almost three quarters of workers looking for a job or open to new opportunities according to @reedcouk research Reed.co.uk research reveals UK labour market on the…
If we asked you to think of an industry that has been revolutionised by technology, you’d probably have no problem answering. In fact, the more…
UK Job Market Looking Up for Graduates @LinkedIn LinkedIn data shows UK labour market showing signs of optimism for entry-level roles Tech roles and sector offer most opportunities …
Mismatch between career aspirations and labour market demand could undermine fourth industrial revolution #4IR The mismatch between children’s career aspirations and labour market demand could undermine…
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