When deciding upon which career path
to pursue one resource that many employment consultants / counsellors will
recommend is a thing called Labour Marker Information (LMI). Essential the
facts and figures contained within the labour market information is concerned
with the conditions of the labour force area you are looking at. At first
glance it can be very overwhelming unless you have an idea of what you are
looking at.
What can Labour Market Information tell
me?
Labour Market Information can tell you a variety of things that will have
an impact on your job search including
·
What
the different industry sectors are
·
Current
employment rates within industries
·
Which
industries are in growth or decline
·
What
skills and education employers are looking for
·
What
working conditions are like
·
What
factors can help or hinder you finding employment
This information is of particular importance if you are looking at
relocation or entering in to a new profession as it will help you to decide if
your current plan is feasible before you make any final decisions.
Where can I find this Information?
Labour Market Information comes from two different sources. The majority
of the statistics and information contained within labour market information
are generated through various Government of Canada departments including
These departments generate a number of reports and surveys at the
national, provincial and regional level the majority of which can be accessed
freely through their websites as well as provincial government websites such as
www.tcu.gov.on.ca/eng/labourmarket
The second source of labour market information comes from research groups
and non-profit organizations including:
These agencies utilize the information provided by Government of Canada
departments as well as conducting their own research with employers and labour
market conditions.
Where to start?
To begin utilizing labour market information there are several tools
and reports that have already been developed to provide individuals with easy
access to information. From this starting point you can then access links
within these sites to gain even more information.
·
The Working in Canada website (www.workingincanada.gc.ca)
allows individuals to search for specific occupations by name and provides
basic labour market information on the occupation along with current job
postings within that field
·
The Labour Force Survey (website) – Is a monthly
publication released by Statistics Canada and shows federal and provincial
trends within the labour force
·
www.indeed.ca – At the bottom of
their site is a link to Industry Employment Trends which show the increase or
decrease in job postings
·
The Ontario Ministry of Training,
Colleges and University have a number of resources available on their website
regarding labour market information. One resource in particular is the 2012
Employment Profile which includes
feedback from Ontario college students, graduates and their employers