At Ousedale School the Careers Department uses Labour Market Information to help students plan their career path.
An update on local Labour Market Information from Paul Thompson Employment and Skills Manager at SEMLEP.
Due to Covid-19 there has been a sharp decline in the number of apprenticeships available. Pre-lockdown there were over 15,000 apprenticeships advertised nationally. Today (September 2020) there are just 5,948, this has increased by over 2,000 since May where the figure was around 3,000. Opportunities are increasing however they are limited and locally in MK there are only 9 advertised at this current time (Gov.uk). If students are interested in apprenticeships, please advise them to have a back up plan such as sixth form, college, or University due to limited opportunities during these challenging times. Obviously, the hope is that these continue to increase and we will be able to support those students wishing to do an apprenticeship to find an opportunity they will flourish within.
What is Labour Market information (LMI)?
Labour market information is information relating to the world of work, employment trends, job roles and job availability. It includes a wide variety of data and analysis related to employment and the workforce.
How can Labour Market Information (LMI) be used?
You can use this information to find out about different job roles and the sectors that these roles are in. It will allow you to identify the skills and qualifications that are required for particular job roles, so you can plan your career path.
Why is it important?
Looking at LMI is an important way for you to develop your knowledge of different job roles that are available and the career paths that can be taken. From this information you will develop an awareness of the local and national job growth sectors, allowing you to make informed decisions about your future aspirations. By using LMI you will be able to plan realistic goals relating to your choice of career and aspirations.
Careerometer: A tool to compare jobs
The Careerometer tool will help you to compare different job roles that you may be interested in. It uses up to date labour market information collected by LMI For All. It will show you data relating to pay, weekly hours of work and future employment prospects for the job role you select.
To use the Careerometer all you need to do is click on one of the cards below. Simply type in the first career that you think you might be interested in and select from the drop down list. This will then give you the pay, hours of work and future employment prospects for that job role. You can then click on the other two cards to add your second and third choices to see the comparison.