{"id":1755,"date":"2020-04-27T13:19:45","date_gmt":"2020-04-27T17:19:45","guid":{"rendered":"https:\/\/www.gcc.mass.edu\/career-services\/?page_id=1755"},"modified":"2025-09-11T14:55:00","modified_gmt":"2025-09-11T18:55:00","slug":"labor-market-information","status":"publish","type":"page","link":"https:\/\/www.gcc.mass.edu\/career-services\/exploration\/labor-market-information\/","title":{"rendered":"Labor Market Information"},"content":{"rendered":"
An essential piece<\/strong> of the career\/education decision puzzle.<\/div>\n

Labor market information (LMI)<\/strong> is the result of quantitative and qualitative data collection and analysis, according to the LMI Institute. LMI can be used by students to make more informed plans, choices, and decisions related to education, employment and the workforce.<\/p>\n

Please keep in mind that LMI data change more dramatically than usual as a result of the pandemic.\u00a0 Therefore, predictive accuracy of LMI might be reduced as a result of these dramatic changes.<\/p>\n

This 2024 Earnings and Unemployment Rates by Educational Attainment bar graph<\/a> by the US Bureau of Labor and Statistics (BLS) is a great example of LMI:<\/p>\n

\"Bar<\/p>\n

As stated in the BLS website<\/a>, \"..the charts show, workers age 25 and over who have less education than a high school diploma had the highest unemployment rate (6.2 percent) and lowest median weekly earnings ($738) in 2024 among those at all education levels. Workers with graduate degrees had the lowest unemployment rates and highest earnings.\"<\/p>\n

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<\/span>Franklin \/ Hampshire County & North Quabbin LMI<\/div>
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The MassHire Franklin Hampshire Workforce Board (MHFHWB) is the authority, when it comes to creating and providing labor market information for our region<\/a>.<\/p>\n<\/div><\/div>\n

<\/span>Massachusetts LMI<\/div>
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