Download Labour Market Information

Labour Market Information - Humber
Labour Market Information (LMI)
LMI usually refers to data found in tables, spreadsheets, maps, graphs, charts,
reports and newspaper articles, or it may exist informally and anecdotally.
It can tell us:
• where jobs are currently located
• the current size of industrial sectors and changes which might be expected in
coming years
• where there are shortages or oversupply of potential employees and skills
• the hours and wages that can be realistically be expected
• the skills employers are seeking
• entry routes into jobs, careers and sectors
Labour Market Information (LMI)
LMI is collected by a variety of organisations, including government
departments and agencies, employer and professional organisations, trade
unions, academics, as well as sector skills councils.
There are a number of key sources of LMI:
• LMI Humber
• Humber LEP
• National Careers Service
• NOMISWEB (Office for National Statistics)
• UKCES
• Local Data Observatory
• Bridging the Gap Humber
This information can help you in making decisions about your future learning
choices and in choosing a career.
Key Employers 2012
Key Employers 2014
Key Sectors in the Humber
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Business & Retail
Tourism
Public Sector
Construction
Creative & Digital
Manufacturing
RenewablesFood & Agriculture
Ports & Logistics
Engineering
Health & Social Care
The Journey so far
Out
IN
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Unskilled
Manual
Mass-production
Auto-engineering
Mining
Small companies
Service sector
High technology
Qualifications
Innovation
Employability Skills
Sector Trends in the Humber 2014
Renewables
Construction
Ports & Logistics
Manufacturing
Health & Social Care
Business & Retail
Creative – Digital & Tourism
Public Sector
Food & Agriculture
Chemical
Engineering
Future Skills
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Business & Customer Awareness
IT& software
Communication & Literacy
Technical & Practical
Customer Handling
Team Working
Self Management
Jobs for the Future
1.5 million additional jobs created by 2020. However, this figure is set to be dwarfed by the
Predicted 12 million job vacancies that could be created by what is referred to as ‘replacement
demand’. This demand is created by people leaving their jobs due to retirement, family reasons,
career moves or other reasons. This means that even if an industry is expected to decline, such
as manufacturing, there can still be many opportunities to replace departing staff.
Around 100,000 entry level jobs are predicted to be created by 2020
Around two million extra higher skilled jobs such as managers, professionals and associate
professionals jobs could be created by 2020
Around 313,000 new jobs are expected to be created in caring, leisure and other service
occupations
Private services sector are expected to increase by more than 1.5 million by 2020, with business,
financial, computing and other services set to perform particularly well.
Employment in the trade, accommodation and transport industries is expected to increase by
400,000 jobs by 2020
Source: UKCES Working Futures Report
Qualifications/Salaries
Qualifications and Earnings
Average
£29,159
No qualifications
NVQ level 1
NVQ level 2
NVQ level 3
NVQ level 4
NVQ level 5
£17,501
£18,231
£24,706
£25,231
£36,461
£52,825
Better qualifications = higher wages = less unemployment
Key Facts
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50 % of jobs will require level 4 skills (higher education) or higher by 2020 according to the
CBI
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The Hospitality & Tourism industry needs to recruit an average of 135,000 people every
year between now and 2020 . Source: Williams M, Luanaigh A and Garrett R (2012), Sector
Skills Insights: Tourism. UKCES
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The development of new technology means that the Creative & Digital Sector is a growing
constantly
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Renewables is a relatively new employment sector, but we are expecting to see significant
growth as local authorities and companies work towards the government's targets of
reducing carbon emissions and finding alternative sources of energy
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The UK engineering industry needs more skilled and qualified people
Recent Announcements
• High profile Sadofskys & cba merger set to create Hull &
East Yorkshire’s leading accountancy practice
• City gears up for year as UK City of Culture 2017
• The eagerly anticipated announcement that Siemens will
be investing in Green Port Hull has arrived
• £1m new contracts sparks jobs surge
The message for young people
• Investors need a skilled and flexible workforce
• Do your research – explore a number of career options
• Keep up-to-date with industry – watch the news or log on
to industry websites
• Skills development – keep on learning
• Change is ongoing
LMI Humber
www.lmihumber.co.uk