Labour Market Information (LMI) gives us a view of what's happening in the job market and economic trends. Human Resources Development Canada says that economic trends affect the demand for labour today, tomorrow and far into the future.

Labour Market Information shows seekers:

• which occupations are growing or shrinking
• which skills are in demand
• where the highest salaries are

This information is crucial if you're thinking of changing jobs or careers, or heading into post-secondary education.

Labour Market Information shows employers:

• which sectors are on the rise or decline, so they know how to respond
• if there are too many jobs and not enough skilled workers in a sector
• when to increase wages, benefits and other hiring carrots to attract skilled people
• the right information to hire in a smart, informed way

Best of all, Labour Market Information helps employers stay ahead of the market - and stay in business.