Understanding LMI

What is labour market information?

One of the most popular and widely used definitions of labour market information comes from the World Bank. They define labour market information as “any information concerning the size and composition of the labour market, any part of it, the way it or any part of it functions, its problems, the opportunities which may be available to it, and the employment related intentions or aspirations of those that are part of it.”

Another way to define labour market information is to describe how it can be used. For example, it can be used by local Nova Scotia communities to entice companies to move to their area, or by the Worker’s Compensation Board to assist in their management of individual cases. Job seekers use it to find out where the jobs are, how much they pay and how to get relevant training and, of course, it is used as a tool for employment and guidance counsellors to assist clients in making informed career choices.

The Big Picture

The Numbers Behind the News

Labour Market Supply and Demand

Different Kinds of Employment

Today's Workplace

Industry and Occupational Classification

Glossary of Terms

Teachers Guide

Introduction
This Teacher’s Guide is for use by teachers working with the draft curriculum described in Health/ Personal Development and Relationships: Grades 7-9 (2000). This guide is to be used in conjunction with the Nova Scotia Department of Labour and Workforce Development’s Career Guide and Career Options, a career planning website. The Career Guide provides a valuable resource to help students explore careers and access current and relevant career information. The Career Options website provides in depth information on over 300 occupations, including labour market information by occupation. Both resources are referenced through this online Teacher’s Guide.

This Teacher’s Guide will help students achieve the following curriculum outcomes:

Occupational Profiles: Locate and interpret information about a range of occupations.

Knowledge, Skills and Attitudes: Identify and demonstrate knowledge, skills, and attitudes needed to be successful in the workplace.

The Changing Workplace: Identify occupations or sectors that are on the rise and those that are on the decline.

Life / Work Trends: Identify social, economic, and technological trends that affect life, work building.

Decision Making in Life / Work: Demonstrate an understanding of the ongoing role of decision-making in life/ work building.

Job Shadowing and Volunteerism: Demonstrate an understanding of the roles of job shadowing and volunteerism in life/ work building.