What is LMIP?

The Labour Market Information Portal (LMIP) brings together data from a range of official sources to help you understand your local labour market. We use skills forecasting and analysis to provide data and intelligence about the labour market and current and future skills needs.

What is the purpose of labour market information?

The Labour Market Information Portal is an online resource that brings together data, reports and insights to help you better understand your local labour market. LMIP has information that unlocks deeper insights into the jobs in demand in your region and local labour market conditions.

What is the estimated growth rate of employment in the next 5 years?

9.0 per cent
New South Wales, Victoria and Queensland are projected to make the largest contributions to employment growth over the five years to May 2024, with employment projected to increase by 368,000 (or 9.0 per cent) in New South Wales, by 329,900 (or 9.7 per cent) in Victoria, and by 211,700 (or 8.4 per cent) in Queensland.

Is the labour market growing or contracting?

Labour market conditions strengthened in New South Wales between May 2020 and July 2021, with employment increasing by 257,800 (or 6.7%), while the unemployment rate fell to 4.5% in July 2021. The state’s participation rate increased by 2.8 percentage points over the period, to 64.9% in July 2021.

What is good labour market information?

When someone receives good labour market information that leads to a good decision, it benefits the individual, the employer and the economy. Clients need to know where the jobs are: the sectors , occupations and localities that where job opportunities are on the increase, and what skills are needed for them.

What is meant by labour market information?

Labour market information tells you about the workplace or labour market. Labour market information describes the condition of the labour market, past and present, as well as future projections. Essentially most careers information is labour market intelligence.

What jobs pay well in Australia?

The 15 highest-paying jobs in Australia

• General counsel.
• Anaesthetist.
• Cardiologist.
• General manager/project manager.
• Company secretary.
• Head of operations.
• Surgeon.
• Internal medicine specialist.