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Function of labour market information and roles 

 

The value of information on labour market and skills dynamics shows no signs of abating.

Everyone needs labour market information, but in differentiated formats and thematic coverage.

 

Table 1: LMI for different users: an indicative overview of purposes, formats, sources and approaches

Users

Purposes

Formats

Sources and analyses / approaches

Learners

Career management and planning

Know education and training options, paths, comparative advantages

Know about prospects of jobs, tasks, required skills and qualifications

Know how to look for jobs

Prospects of occupations: tasks, skills, qualifications, wages, outlook

Outcomes of qualifications in the labour market

Fine-grained overviews of education & training offer (LLL)

Overviews on qualifications and certification offer

Fine-grained and localised vacancy overviews

Occupational profile

Employers’ skills surveys

Graduate tracking analyses

National qualifications databases

Skills anticipation by sectors, regions

Skills Forecasts analyses

 

Career information and guidance

Counselling youth: students, graduates, NEETs, job seekers, young entrepreneurs

Counselling population groups with specific aspirations and characteristics: highly talented youth, refugees, long-term unemployed, low educated persons, persons returning to activity, persons in disadvantaged regions.

Advise, assist education and training providers

Advise enterprises, social partners (human resources)

Overviews / analysis of labour market outcomes of education (initial, continuing)

Overview of skills mismatches

Fine-grained overviews of education and training offer (LLL)

Overviews on qualifications and certification offer

Fine-grained and localised vacancy overviews

Fine-grained analysis of skills by occupation: emerging, high-demand, obsolete

Analyses of dynamics of skills and competences / occupations, sectors

Statistical data

Information from education and training institutions, certification bodies

Big Data analysis

Graduate tracking analyses

Employers’ skills surveys

Skills anticipation by sectors, regions

Occupational profiles

Skills Forecasts analyses

National qualifications databases

Job centres (public, private)

Matching job vacancies – candidates CVs

Counselling job seekers on prospects of jobs

Improve vacancy databases and administration

Communication and promotion of own services

Analysis, overviews, reports for policy institutions, wider public

Statistical data

Vacancies overviews

Sector overviews

Analyses of dynamics of skills and competences / occupations, sectors

Labour market indicators: employment, unemployment, activity, inactivity (age, gender, regions, by levels of education

Fine-grained overviews of offer of qualifications, education and training (LLL)

Data: LFS, wages, vacancies, supply, employment, unemployment, education

Online Job Vacancies

Big Data analysis

Regular statistics

Skills Forecasts analyses

Employers’ skills surveys

Skills anticipation by sectors, regions

National qualifications databases

Education and training institutions

Planning and revision of offer of training (initial, continuing)

Renewal of learning outcomes of curricula and qualification; standards of assessment

Internal quality assurance: evidence on relevance and outcomes

Information and orientation of students on future skills, jobs and careers

Work-based learning, apprenticeships

Communication and promotion of own services – attract learners, employers

Occupational skills profiles

Analyses of skills mismatch

Analyses of dynamics of skills and competences / occupations, sectors, regions

Overview of skills mismatches

Overviews of skills supply

Overviews occupational demand

Fine-grained overviews of education and training offer (LLL)

Fine-grained analysis of skills by occupation: emerging, high-demand, obsolete

Statistical data: education, employment, labour market indicators

Graduate tracking analyses

Fine-grained skills anticipation by sectors, regions

National qualifications databases

 

Sector and professional organisations, employers

Sector development analysis and projections (growth, innovation, technology, greening, impact of automation)

Analysis and projection skills needs and imbalances

Sector plans / programmes for skills development

Development of sector qualifications / qualifications frameworks

Macro and sector forecasts

Fine-grained analysis of skills by occupation: emerging, high-demand, obsolete

Analyses of dynamics of skills and competences / occupations, sectors

Overviews on qualifications and certification offer

Regular statistics

Big Data – occupations and skills analysis

Skills Forecasts analyses

Employers’ skills surveys

Demand and supply projections by sectors, regions

National qualifications databases

Policy institutions

Design, review policies and strategies

Decions on investments and public expenditure on social, innovation, economic policies

Legislation

Institutional reforms

Strengthen social dialogue

Analysis and projection skills needs and imbalances

Regional, sectoral analyses: demand, supply, imbalances

Overviews – quantitative, qualitative

Policy recommendations

Indicators

Short and medium-term skills forecasts

 

 It is worth recalling the concept of ETF Position Paper (2012) on the functions of skills anticipation and matching.

Skills anticipation and matching – a combination of functions
Skills anticipation and matching – a combination of functions

 

  • For end-users (learners, employers, intermediary agencies, counsellors) the outcomes of function 2 (dissemination of insights from analysis) is of direct importance.
  • For policy makers and education and training managers – the results of function 3 are the most strategic.
  • The interdependence of the three functions is critical: a failing function 1 (data collection and analysis) compromises both the availability of reliable information and guidance for end-users, as well as well-grounded policy recommendations for action. In such circumstances the skills ecosystem fails or is hampered. 

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