Labor market information definition

Labor market information means the body of infor- mation generated from measurement and evaluation of the socioeconomic factors and variables influencing the employ- ment process in the state and specific labor market areas. These socioeconomic factors and variables affect labor demand and supply relationships and include:

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Labor market information means the body of information

Labor market information means the body of information that deals with the functioning of labor markets and the determination of the demand for and supply of labor. It includes, but is limited to such key factors as changes in the level and/or composition of economic activity, the population, employment and unemployment, income, earnings, wage rates and fringe benefits.

Examples of Labor market information in a sentence

Labor market information also identifies employment opportunities, and provides knowledge of job market expectations, including education and skill requirements and potential earnings.
Labor market information includes: information on state and local labor market conditions; industries, occupations, and characteristics of the workforce; employer wage and benefit trends; short and long-term industry and occupational projections; worker supply and demand; area businesses' identified skill needs; job vacancies' survey results; workforce availability; business turnover rates; job creation; and job identification of high-growth and high-demand industries.
Labor market information includes: information on state and local labor market conditions; industries, occupations, and characteristics of the workforce; employer wage and benefit trends; short and long-term industry and occupationalprojections; worker supply and demand; area businesses' identified skill needs; job vacancies' survey results; workforce availability; business turnover rates; job creation; and job identification of high-growth and high-demand industries.
Labor market information derived by the BSR team is one tool sector partners use to help identify base lines and determine strategies for meeting goals.
These 2 Labor market information: State of Oregon Employment Department.
Such services include, but are not limited to: • Work readiness and pre-employment workshops • Life skills workshops and career coaching • Labor market information and on-line assessment tools • Job search networking opportunities (e.g., Job Club) • Job application and resume preparation assistance • Interview skills development and structured employer hiring events During Core Services, participants can receive basic assessments of their career interests, vocational aptitudes, and basic skills.

More Definitions of Labor market information

Labor market information means economic, occupational, geographic and demographic characteristics of the labor market that encompasses population and labor force composition, industry and occupational trends and outlook, job opportunities, hiring and training practices, skill requirements and trends, wages, labor force estimates, career ladders, and occupational supply and demand.

Labor market information or “LMI” means a collection of data that provides employment statistics, among other things, which

Labor market information or “LMI” means a collection of data that provides employment statistics, among other things, which includes information regarding the employment opportunities, income, and employment wage rates.