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Labor Market Information (LMI)
Career Counseling Terms
Career Counseling Tools
Components
Policy Terms
100
Exchange between employers and workers. Based on the demand of labor needed by companies to meet goals for production and services and the availability (supply) or workers equipped for the job.
What is the Labor Market?
100
The performance of an occupation (or set of activities or tasks) in a specific place for a specific employer.
What is a Job?
100
An interview conducted with someone in a specific industry or occupation to collect information about an occupation, industry or company.
What is an Informational Interview?
100

Improving job search skills, resume writing, interview skills and and training.

Job Search Training

100

A plan written during the intake process that outlines incremental steps to achieve employment goals. 

Employment Plan (OAIEP)

200
Occupations in a state or region that project a large number of open positions and limited supply of trained workers to fill the positions.
What are High Demand occupations?
200
The sum total of one’s life experiences, including education, paid and unpaid work, and community, volunteer and family activities.
What is a Career?
200

The acronym RIASEC is used to represent six personality types that are often used as the foundation for career assessments.

What is the Holland Code for O*Net Profile Used? Bonus – What do each of the letters stand for?

200

A program allows an employer to hire an individual who would not otherwise qualify for the job and to teach skills need for performance. 

On-the-Job Training

200

An evaluation of a participant's needs prior to the assignment to an allowable activity. 

Employment Assessment

300
A group of businesses or organizations that produce similar products or provide similar services.
What is an Industry?
300
A general skill that may be developed in any (and every) area of one’s life and can be applied to a variety of occupations and life roles.
What is a Transferable Skill? Bonus: What is an example of a transferable skill?
300

Specific information compiled about a particular occupation (e.g., wages, skills required, benefits, entrance requirements, day-to-day tasks, work environment, etc.)

What is an Occupational Profile?

300

A combination of a Work Activity or a Work based learning activity for skill gain

Work Experience

300
Allowable goods and/or services purchased for a participant to successfully engage in or complete an allowable program activity. 

Support Services

400

The New Mexico labor exchange system with a job search engine throughout the workforce development system.

New Mexico Department of Workforce Solutions

400
Refers to a specific job title, trade, or profession. A person may have a single ____ but have multiple jobs and employers.
What is an Occupation?
400
Groupings of occupations/career specialties based on common knowledge and skill requirements. Used as an organizing tool for curriculum design and instruction.
What are Career Clusters? Bonus – How many clusters are there? Can you name any?
400

A combination of on-the-job training and related instruction in which workers learn practical and theoretical aspects of a skilled occupation that provides industry - specific knowledge.

Apprenticeships

400

Services that includes a comprehensive intake assessment, individualized service plan, progress monitoring and assigning at least one component. 

Case Management