Labour Market Information Michael Spayne Labour Market Analyst Focus LMI Visiting Lecturer Edinburgh Napier University & University of Huddersfield Delivered by

What is it? Why is it Important? Where do I get from? How can it be used? LMI

Labour Market is Constantly Changing Pace of Change has Accelerated Complex and (sometimes seems) Contradictory

“Today's labour market stats paint a seemingly contradictory and confusing picture” Robert Peston

Mismatch Aspirations and Job Market Reality

Job Market is a Battleground

Green-Collar Revolution?

STEM

5 th largest economy 8 th largest manufacturer 9 th largest exporter Global Economy – UK is:

1 in 7 1,000 (5.5 million) 200+ Million Global Labour Market

Career Choice Affects Earnings

Demographic Change - Increase

Demographic Change - Ageing

Self-employed Zero Hours Contracts Part-time Agency Work Freelance Portfolio Workers Flexible Labour Market

More Professional Jobs Fewer Intermediate More Lower Skilled Hour Glass Occupational Structure

What is it? Why is it Important? Where do I get from? How can it be used? LMI

Vacancies Future Jobs Skill Shortages Geographical Location of Jobs / Clusters Wages Trends LMI: Examples

“Careers advice without good LMI is just advice…” Source: Using and Sharing LMI to Inform Future Choices - UKCES Why is it Important?

LMI Can Help: Make Informed Decisions Challenge Misconceptions Motivational Interviewing Job Search Labour Market Function Better

What sectors and occupations people work in What jobs are available How much we could earn What qualifications and skills are required Where job openings of the future might be LMI can tell us

Data Data does not always speak for itself - Interpretation

Information - Intelligence Analysis Interpretation Meaningful Information into Intelligence is a Process

The Future is Uncertain Credit Crunch Wars & Revolutions Natural Disasters New Technologies EU Referendum Where will People Work in the Future?

Construction - Employment Growth Forecasts (UK) m2.19m2.33m Future Trends

Expansion and Replacement Retirement Emigration Poor Health Promotion

UKCES - Working Futures reports and data Eg: UKCES - Future of Work - Jobs and Skills 2030 Where Can I get Information on Future Trends

Average Weekly Wage by Highest Qualification

Average Weekly Wage by Occupation - Hospitality

Graduate Premium £100,000? £400,000?

Annual Survey of Hours and Earnings Other examples: Higher Flyers, Totaljobs.com, Reed Where Can I get Wages Data?

LFS - Occupations in Construction

Average Weekly Wage by Occupation - Construction

Construction - Employment Growth Forecasts (UK) m2.19m2.33m Future Trends

Age Profile - % Under 25 Yrs ConstructionHospitality

Employer Perspectives Survey (2014) Recruitment Channels used by Employers (UK) Job Centre+32% Word of mouth30% Local newspapers19% Recruitment agencies19% Internal labour market12% Social media 7% (3% in 2012) Speculative enquiries 7% National newspapers 3%

Official Data Sector Skills Councils Think tanks Newspapers & TV Professional Bodies Trade Unions Academic Research Where can I get LMI?

UK Commission for Employment and Skills (UKCES) Office for National Statistics (ONS) Nomis - Official Labour Market Statistics Graduate Prospects The National Careers Service (England) LMI for All Institute for Personnel and Development Seven Useful Sites

Employer Perspective Survey - UKCES Employer Skills Survey - UKCES Working Futures - UKCES Labour Force Survey - Office for National Statistics / NOMIS Annual Survey of Earnings and Hours - Office for National Statistics / NOMIS Five Useful Datasets

Broader Trends Local LMI Personalised to individual Needs

LMI Needs to match individual need Where do people work now Current Vacancies Wages Skills needed Training / Qualifications Impact of Technology

A Healthy Scepticism Who has collected it? How? Why?

Any questions?

Michael Spayne Focus LMI Contact Details

Michael Spayne Focus LMI Contact Details

Michael Spayne Focus LMI Contact Details