Labor Market Information (LMI)

Article by SDS Admin Published on February 13, 2019

Labor Market Information (LMI)

Labor Market Information provides timely relevant and accurate signals on the current labor market such as in-demand jobs and skills shortages by developing client-specific LMI, Education and Communication materials. The material is part of the commitment of the Department of Labor and Employment (DOLE) to support the Career Guidance Advocacy Program – a convergence program under the Human Development and Poverty reduction cluster which seeks to promote career guidance as tool in assisting jobseekers particularly students in making informed career choices.It also seeks to promote career guidance as tool in assisting jobseekers particularly students in making informed career choices. In advancing LMI development, DOLE engages its key stakeholders – industry, academe, labor, employers’ groups – to gather labor market signals. Training and educational institutions use them in reviewing their respective curricula, policies, standards and guidelines to keep them abreast with industry requirements. LMI corresponds to SDG 8, target 8.5 – by 2030, achieve full and productive employment and decent work for all women and men, including for young people and persons with disabilities, and equal pay for work of equal value; and target 8.6 – by 2020, substantially reduce the proportion of youth not in employment, education or training

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