You can help your child prepare for an ever-changing job market. Finding out about jobs and skills that employers need and industries that are growing can make career-related decisions easier.
What is labour market information?
Labour market information (LMI) provides a useful overview of the jobs market.
LMI provides facts about current and future employment trends. It can be local, regional, or national.
How to use LMI
If your child is in education, LMI can be used to develop their interest in their future working life. It can help to find career paths that suit their skills and interests. Encourage them to think about what they want to do, rather than what they want to be.
They can also use LMI to narrow down their choices. For example, when considering whether to continue in education, find training or apprenticeship opportunities or start working.
As they move into training or employment, they can use it to identify job opportunities or useful skills to develop.
| Information | Questions to consider |
|---|---|
| What it's like to do a particular job | How does your child feel about the day-to-day reality of the job? Is the job something they feel passionate about? |
| Salary | How important is money to your child? What is the salary for someone just starting out and someone with more experience? How does the salary compare to other jobs they are considering? |
| Demand | Is the demand for people doing this role predicted to increase or decrease? Are there a lot of people doing this role in Wales or your region? How does your child feel about facing more competition for the role if demand is falling? |
| Qualifications or skills needed | Are there different routes into this job? Are there any minimum or essential requirements for the role? Does your child have the skills required or could they develop them? Are the qualifications required realistic for your child? How long does it take to do the qualifications? Where can the qualifications be studied? How can the qualifications be funded? |
| Interests | Does your child have interests that are relevant to a role? |
| Jobs in the region | Are there many jobs like this being advertised in your region? How does your child feel about moving or travelling if required? Is remote working a possibility? |
| What's happening in the industry | Are there any developments that might impact on jobs in your region or this sector? For example, new companies expanding or opening in your area or companies that are closing |
Preparing for the future
The labour market is always changing. Your child will benefit from developing skills they can transfer from one job to another as they may need to change careers during their working life.
Transferable skills are things that all employers are looking for, like:
- Problem solving
- Teamwork and collaboration
- Communication
- Flexibility
- Willingness to adapt
- Digital or IT skills
Lifelong learning will also be important. Encourage your child to understand and embrace this. Updating and extending knowledge and skills throughout their working life will be essential.
Welsh language and careers
Having Welsh language skills could lead to more job opportunities. Some jobs advertised in Wales ask for Welsh as an essential or desirable skill.
All public sector organisations in Wales must provide Welsh language services. Welsh language skills may be essential for some jobs in sectors such as Health, Social Services and Social Care, Education, in the Public Services and the Creative Industries.
Some useful things to remember when using LMI
- LMI is not intended to give a complete picture or tell your child what to do. LMI is not tailored to personal needs. It shouldn’t be the only factor when your child makes a decision
- LMI is based on trends and averages. These hide a lot of variation
- Don’t assume that graduates will always earn more than those who have trained via an apprenticeship or NVQ qualification
- Factors like the employer and local area can affect pay levels and availability of jobs. There can be a wide variation in the pay of people with the same job title
- The same job can sometimes have different names. It’s important to look beyond the job title and find out what a role is about, the skills needed, or what an employer is looking for
- Jobs in decline could mean there is more competition or it's a bit more difficult to find vacancies. But there could still be opportunities
- Encourage your child to find out more about different roles. Choosing a career (or deciding against one) based on a job title alone could result in a poor decision or missed opportunity
Finding LMI on our website
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