Labor Market Information (LMI) is crucially important for employers to make informed decisions about their businesses in regards to employment. Many employers have discovered the value in assessing the data in their region when it comes to hiring talent.
On the state’s Labor Market Information site you will find a wide range of information about demographics, industry, occupation, wages, education profiles and education/training data.
Business consultants at the SC Works Centers statewide can assist with the gathering of specific data from LMI and provide that information to your business. Often time’s businesses seek out this information to evaluate the education and training of the current workforce, as well as a basic industry standard of wages and demographics of a specific area.
The data provided from LMI can be used to target a specific area and is useful for businesses as well as job seekers to know the training and education requirements in that region. Beyond being used by employers and job seekers, community decision makers use this data when researching the workforce potential in their area, and make data based decisions on their economic development.
Endless benefits can be found using LMI data for your business, your local Workforce Center can help you navigate this data as well as help you identify which data sets are most useful in your line of work.
To find out more about LMI services, please visit scworks.org to find the workforce center near you.