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It is basically a tool for manpower management with the ability to facilitate policy and decision making towards the operation of an efficient, well functioning economy. 
The LMIS provides a one-stop data and information source, and as well as a job search and placement facility.  Data will take the form of text, graphs, charts, and actual data sets.  The system will allow users the opportunity to manipulate the data and to generate reports, trend analysis, cross referencing and projections.  The benefits are expected to include quick and easy access to a wide range of labour market data and information.  Some of these data include:
 - educational and training       
   offerings and sources;
 - course duration and costs;
 - accredited institutions and  
   course offerings;
 - sources of funding for
   education;
 - population labour force; and
 - economic and job
   opportunities data and 
   information.

In addition, the LMIS will provide and efficient job matching service by virtue of quick access to a large pool of potential employees and employers.

WHAT WILL THE LMIS DO?
The LMIS is expected to improve the availability of labour market data and information by facilitating better coordination between and among data providers and between providers and users. Its capabilities can be grouped under three major headings: 1) General Information and Data and Analysis; 2) The Electronic Labour Exchange (ELE); and 3) Related Services.

General Information
The LMIS will be a source of general information in relation to the labour market and the wider economy, concerning definitions, legislation, broad socio-economic data, and a host of other relevant topics. It will also provide summary and detailed labour demand and supply data, including, for example, data on the labour force; employment and unemployment; training and education; and local and international labour market trends.

Related Services
This component will provide information on support services such as career counselling, sources of funding for educational pursuits, and course offerings at institutions.

WHO WILL BENEFIT?
Beneficiaries will include policy makers, prospective investors, programme developers at the tertiary levels, job seekers, employers, career counsellors, secondary and tertiary level students among others

HOW WILL IT WORK?
The LMIS will operate through a web-based system with three main components, namely: Labour Market Data, the Electronic Labour Exchange and Labour Market Services. Access to the site will be through the Internet at www.lmis-ele.org.jm . Timely availability of current data is an essential prerequisite for the success of the system that cannot be overemphasized. Indeed, the system's efficiency and effectiveness rest heavily on this requirement and the willingness and ability of data-providers to satisfy this need. These data-providers are labour market participants on the demand and supply sides, including, but not limited to, the Statistical Institute of Jamaica, the Ministry of Labour and Social Security, the Planning Institute of Jamaica, the Ministry of Education, Youth and Culture, public and private training and educational institutions, employment agencies, trainers, educators, employers and job seekers. The Ministry of Labour and Social Security will have the main role of receiving and processing the data and maintaining the website.
  

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