ACTION BRIEF: Innovations in Labor Market Information

Posted by Andrala Walker - On November 02, 2012 (EST)

With funding from the Joyce and Lumina
foundations, Jobs for the Future launched
Credentials that Work to help postsecondary institutions, regions, and states align their occupational
training programs to changing market demands. This initiative incorporates innovations in real-time labor market
information in guiding institutions to better align education and training investments with the needs of regional
economies. Real-time data draw on current information and signals from the labor market to help improve the
understanding of hiring trends and employer demand, including certifications and skill requirements.

Through Credentials that Work, JFF and participating community
colleges seek to advance the use of a combination of traditional and real-time LMI in institutional decision making.
This action brief draws on “Innovations in Labor Market Information and Their Application,” a workshop presented
at the GreenWays to Good Jobs Peer Learning Conference, Milwaukee, Wisconsin, February 29, 2012. It provides an overview of Credentials that Work and demonstrates the application of real-time LMI by workforce partnerships
supported by GreenWays. Reflecting the green jobs backdrop of the conference, examples and suggestions indicate how job
developers can use LMI resources to acquire a more robust understanding of their local green economies.

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Modified On : November 02, 2012
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