Lmi hm-2015-uses of labor market information

Uses of Labor Market Informationh.meligy@ieee.org

Compiled from Sources & References

LMIS CA/LA

USE of LMI

Labor Market Information is used extensively in both the

public and private sectors for the following

In Business and financial forecasting.

Businesses

Understanding country labor concentration by type, demand, supply helps locating where business could be established by location or concentration of job types

In Economic development and human

resource planning.

Economic development

Planning country labor concentration by type, demand, supply helps locating where business could be established by location or concentration of job types

In Monitoring labor force, industry, and

economic trends.

Monitoring

Monitoring country labor concentration by type, demand, supply helps locating where business could be established by location or concentration of job types

Planning

In Planning and development of training

programs. Understanding country labor concentration by type, demand, supply helps locating where

business could be established by location or concentration of job types

Program Development

In Public services program development

and administration. Understanding country labor concentration by type, demand, supply helps locating where

business could be established by location or concentration of job types

Career

In Career exploration and Guidance (see also CGS)

Imagine understanding the needs of training on the national level

GIS-Industries

Through Geographic planning for industry and

business expansion. Imagine locating Required Jobs on both supply 7 demand on Google Mpas

Search

In Local labor market searches & researches.

Imagine understanding the needs of training on the national level

Geographic LMI-GIS

In Geographic planning for industry and business expansion.

By meaning of allocating the right resources where they exist & live

Research

Local labor market research.This is a wide area in education

related to Labor Market and what the LMI information could help with in

research and development

Labor Policy

In Public policy development

Salaries & Wages

Wage and compensation administration.

AlsoMinimum, Average and Maximum Actual Wages and Market Patterns

SOC

Occupational skills and qualifications identification.

Green Jobs & CodesNew Jobs & Codes

See More Standard Occupational Codes

Thank you

Hassan El-Meligy

Strategy Consultant

Business Process Re-Engineering

Labor Market Information Expert

h.meligy@ieee.org