Labour Market Information
What is "Labour Market Information?"
Labour Market Information (LMI) is job market information that provides data about an industry's or occupation's hiring forecasts, salary expectations, skill demands, and more! Basically, it presents economic and population information to help people make informed decisions about their careers. However, LMI isn't 'set in stone'. It can be impacted by demographic changes, new technology, emerging professions, economic situations, and political changes.
Why should LMI matter to me?
LMI can help you to paint the picture of what the occupation looks like now, and what it may look like over the next 10 years by sharing:
Current salary ranges (from entry level to senior roles)
Job market outlook and labour demand for the field
Transferable and technical skills required for the role
Regional labour demand information
Educational requirements
You could use LMI in order to:
Gain information about job outcomes and employment rates of educational programs
Learn more about salary expectations and job security for different occupations
Identify in-demand skills and certifications
Demonstrate occupational demand to stakeholders in your life (eg. parents, guardians, family)
How can I get started?
Start by reading ALIS' LMI Overview article (see the button below) for Government of Alberta LMI resources and suggestions.
Identify the key information that you want to learn. For example: Are you exploring different career options through a specific major? Are you looking for example high-paying jobs? Are you looking to find out about careers that require good communication and interpersonal skills?
Review multiple resources from varied sources, for example:
Book an appointment with Career Services for guidance!