Labor market information (LMI) represents all quantitative or qualitative data and analysis related to employment and the workforce. Traditional LMI includes data related to unemployment, wages, educational attainment, population and demographics, and any other metrics or information pertaining to workers, industry, and the economy. Newer LMI can also include data related to job postings by occupation, employers, region and advertised skills.
The Workforce Intelligence Network’s (WIN) mission is to create a comprehensive and cohesive workforce development system in southeast Michigan that provides employers with the talent they need for success. To achieve this mission, WIN supplies the timeliest LMI available, and most thorough analysis, in order to focus on the unique needs of the region. Listed below are some common examples of how WIN works with both traditional and newer LMI:
Examples such as the above allow WIN to further economic and workforce development, as well as aid the talent partners of southeast Michigan.
WIN uses several proprietary and free data sources in analyzing the labor market.