Data Portal FAQs
What is Labour Market Information (LMI)?
Labour market information is the term that describes the interaction of demand and supply of labour. The supply of labour is the number of relevant workers available for employment and the demand for labour describes how many workers employers are willing to recruit, in return for specific wages and other benefits. Labour Market Information describes the conditions of the market for labour. On the supply side, LMI refers to the numbers of potential workers and their characteristics, i.e., what is their education, what is their age, where do they live etc., and on the demand side if refers to the staffing requirements as well as the conditions of the market, i.e., growth of the industry, rates of employment and unemployment, number of employers etc.
LMI normally takes the form of quantitative or numerical data; however, qualitative information can also shed light on labour market outcomes and trends. For example, a survey of the working age population can be used to estimate the number of people that are unemployed but unstructured interviews or case studies may better capture the lived experiences of unemployed individuals. Thus, LMI can be both quantitative and qualitative, collected at a national, provincial or local level.
Who can use LMI?
LMI can be used by anyone to wants to make an informed decision about the labour market. LMI helps individuals and organizations respond to market signals such as wage changes and new job opportunities:
For individuals making career choices, LMI can inform decisions about careers, education, employment and entrepreneurship. For a person deciding on career options, the most relevant LMI is about available occupations, training and educational opportunities, the current labour market environment, and future trends. LMI may also be used to determine a career pathway and support long term career planning.
For job seekers, LMI may be about job opportunities, skill level requirements, working conditions, prevailing wage rates, and effective job search strategies. LMI can help job seekers determine the status of their preferred occupation in their preferred geographic location. LMI can also provide knowledge about expected income and credentials required.
Employers may use LMI to acquire an understanding of the labour force characteristics, such as the number of residents with a particular set of credentials, commuting patterns etc., which may help them formulate their compensation strategies, job requirements and training efforts. Additionally, acquiring such knowledge helps the employers create more informed business and sustainability plans.
Educators who provide career advice to high school and university students may use LMI to ensure that the advice is based on evidence about current and future labour force and employment trends. Educators may also use LMI to develop new programs, calculate the demand for an existing program and adapt the current programs to the market where necessary.
Similarly, employment service providers can use LMI to provide evidence-based guidance to both employers and job seekers. Employment service providers work with students, professionals and employers and LMI can help them provide advice, make forecasts and support the minimization of skills gaps at the community level.
Provincial, regional and municipal governments can use LMI to understand labour market conditions at the local level, and create their economic plans and policies. They can utilize LMI to assess the effectiveness of different employment programs and to develop local employment strategies. LMI can help local governments forecast labour market trends and thus plan for the future of the local economy.
A full FAQ is available including key LMI definitions. Download it here:
In addition to the data provided by StatCan, DWA conducts its own surveys to collect information pertaining to Durham Region. Reports prepared by DWA are located here.
Requesting LMI from Durham Workforce Authority
To request customized Durham Region LMI on the variables mentioned beforehand, please use the data request form.