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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
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