Labour Market Information
What is LMI?
LMI refers to the data and trends which tell us about the current state of the jobs market. It signals which employment sectors are in growth or decline, regional and local differences, the changing nature of how qualified the workforce is, and salary differences.
How do we use LMI?
LMI is used to help inform our delivery of the careers programme, for example to ensure we provide factual, up to date information on job prospects. We also encourage students to engage with, particularly in the upper years, to start gaining a better picture of what the jobs market might look like in the future. Finally, we use LMI to highlight to students the considerable differences, both positive and negative, between different job roles and workplaces.
Why is LMI so crucial to the current employment landscape?
While LMI has always been a valuable tool, the rapid and transformative changes brought on by digital technologies make it an absolute necessity for navigating today’s job market. LMI tracks the creation of new job titles and occupations, such as AI specialists, data scientists, and prompt engineers, that simply didn’t exist a decade ago. The digital age doesn’t just eliminate jobs; it fundamentally changes the tasks within existing jobs. LMI helps pinpoint the new skills required for traditional roles (e.g., digital marketing skills for a salesperson) and the skills that are becoming less relevant.
What is special about Hertfordshire?
Hertfordshire has a significant concentration of high-skilled, high-value jobs, with a higher proportion of its workforce in professional, managerial, and associate professional occupations compared to the UK average. Life Sciences, Film, Media, and Creative Industries, Advanced Manufacturing and Engineering, Information and Communications Technology (ICT) are all significant areas of expertise and dominance, compared to national trends.
The following videos and graphic demonstrates some of these strengths further.
How can I access LMI?
There are many sources of LMI information, some of which are more accurate and unbiased than others. Some of the resources below provide a good starting point and an opportunity for both students and parents to access some of the materials we use within the school.