A Labour Market Information System (LMIS) is a labour market policy instrument to improve the information flow in the labour market. Labour Market Information (LMI) refers to all the data, quantitative and qualitative which describes the labour market. Increasingly the LMIS also provides tools and resources to help people decide on careers and find work.
Some of important characteristics of an ideal LMIS:
Tabs in the diagram would be hyperlinked to following information:
Government or its appointed agency needs to have an active role in developing and disseminating LMI. There needs to be collaboration of Ministries, Agencies and the Private sector in conducting censuses, surveys and other studies of the labour market.
Ideally the LMIS should have a single interface that allows access to a variety of data and information drawn from a common system that is easily accessible and user friendly.
Collection of LMI is based on a clear and defined understanding of the purposes for which it is required. The LMIS makes it possible for users to access quantitative and qualitative information in a clear format.
Efficient Data Management
In well-designed systems the use of information from different sources is possible because they follow standard classifications. It is important that appropriate units of measurement are used and the type and frequency of study/surveys to be conducted are known and planned. The use of standardised classification of data for occupations, industries etc. allow for data development and the presentation, comparison and study of interrelationships.
There are a number of dimension to accessibility. Electronic access covers the format of data, ease of downloading and diversity of platforms from which the data can be accessed i.e. computer, tablet, phone.
Physical accessibility involves access for those who through disability or lack of resources cannot access the internet directly and may require assistance either by adapting technologies or providing intermediaries.
Data is available for different administrative regions, age, industries and social groups. For example the national census, economic surveys and labour force surveys need to be broken down by state, sector and other variables.