Labor Market Intelligence (LMI) Overview

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Questions and Answers

What is the main purpose of Labor Market Intelligence (LMI)?

  • To track trends in the economy and workforce
  • To help organize and make sense of the world around you (correct)
  • To focus solely on labor market numbers
  • To provide data only on employment and the workforce

Which of the following is NOT a source of Labor Market Intelligence (LMI)?

  • Labor union representatives
  • Jobseekers
  • Employers
  • Media personalities (correct)

What types of information are used in Labor Market Intelligence?

  • Numbers, words, and people from various sources (correct)
  • Words from novels and poems
  • Only numbers from data reports
  • People from social media influencers

Which of the following is an example of Labor Market Data?

<p>Size and characteristics of the labor market (A)</p> Signup and view all the answers

What does Labor Market Intelligence help individuals do?

<p>Organize and make informed plans about the labor market (A)</p> Signup and view all the answers

Where can one obtain Labor Market Information from?

<p>Talking to local employers and workforce professionals (A)</p> Signup and view all the answers

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