“Transforming the Future of Work with Labor Market Information”
The world of work is undergoing profound transformations due to automation, digitalization, artificial intelligence, demographic shifts, migration, climate change, and other mega-trends. To ensure a well-functioning labor market, governments must invest in up-to-date, relevant, and reliable labor market information, align education and training policies with labor demand, and modernize employment services.
Governments play a central role in addressing these challenges. Labor Market Information Systems (LMISs) can bridge information gaps. LMISs help workers make informed decisions about the skills and jobs that are in demand. They also provide key information to employers, educational institutions, and policymakers, helping align labor supply and demand.
The Community of Practice (CoP) on the Labor Market – Latin America’s first on labor market information – aims to be a collaborative space for government representatives to share knowledge, discuss innovations, and tackle common challenges related to LMISs. Areas of focus will include labor market intelligence, career and skills guidance, labor intermediation, and institutional transformation.