LMI for Counselors

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LMI for Counselors
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What is LMI?

• Labor market information (LMI) can be defined as
  all the facts that help to bring about the match
  between employers looking for workers and workers
  looking for jobs.

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Examples of LMI

• How can this body of knowledge help bring
  workers and jobs together?
• Information about new and expanding businesses
  and industries (helps job seekers locate
  employment opportunities)
• Help-wanted ads and online job listings (help to
  locate available jobs)
• Information about education and training programs
• Resumes and resume banks (helps employers find
  workers)
• Information about wages offered by employers for
  specific occupations (help make the match between
  workers and jobs)

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Make informed choices

• LMI encompasses huge changes in the structure of
  the global economy as well as details about
  events in local areas
• Those who get the facts can make informed career
  choices
• LMI can help you get where you want to go!

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Job Service North Dakota Labor Market
Information Center

• Principal source of LMI in the state
• Organizes and packages LMI so that it will be
  useful in making career choices
• Variety of materials available about the outlook
  in the job market, salary levels, education
  requirements, benefits, and much more
• The following information describes some of the
  vehicles for obtaining this valuable information

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Where can this information be found?

• WWW.JOBSND.COM

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Projections publication

• Occupational Projections
• Largest Occupations
• Largest Numeric Growth
• Largest Numeric Decline
• Fastest Growing
• Most Annual Openings
• Education Requirements
• Major Group Openings
• Industry Projections
• Largest Numeric Growth
• Largest Numeric Decline
• Industry Summary

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Wages publications

• How many people are employed in a particular
  industry?
• What is the average salary in a particular
  industry?
• How many firms are in a certain industry?

• What types of jobs exist in my area?
• How does a particular salary compare to others
  in the same field?
• What is a fair wage to pay employees?

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OR
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TipYou get more results if you do not over
specify. Use the Ctrl-F function to find
electrician.
Check your selection, then click on
Education/Employment above
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Other valuable resources
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Economic Happy Talkwritten by Jeff Thredgold,
Thredgold Economic Associates

• Average U.S. life expectancy has reached 77.2
  years, the highest ever. This compares to 68
  years in 1950, and 47 years in 1900
• Nearly half of all management positions were
  filled by women in 2002, up from about a third in
  1983
• Productivity of the average American worker rose
  4.8 during 2002, the largest gain in 51 years.
  Rising productivity is a key to rising standards
  of living
• One of every three workers now enjoys a flexible
  work schedule, versus one of eight in 1985

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Were here to help!

• Labor market information can be very complex
• Learn the basics
• Valuable resources
• Contact
• Job Service North Dakota
• Labor Market Information Center
• [phone]
• 1-800-732-9787
• www.jobsnd.com

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Any Questions?