Davao City – Effective and efficient use of the Labor Market Information (LMI) in the regions is expected to improve planning andDOLE Davao Regional Director Joffrey M. Suyao encourages the participants of the Labor Market Information training to master the understanding of LMI as this is key to proper planning and deliver of services for the DOLE and local government units. (Photo by Sherwin B. Manual) decision-making of local government units and national government agencies.

This as the Department of Labor and Employment’s (DOLE) Bureau of Local Employment (BLE) equipped some 35 employees of the DOLE regional offices  in Mindanao with skills on the analysis and report writing on  Labor Market Information (LMI).

Participants from the CARAGA Region, Zamboanga Peninsula, Northem Mindanao, SOCCKSARGEN and host Davao Region gathered for the 2-day Labor Market Information Analysis and Report Writing Training at the Grand Regal Hotel, Davao City on June 25 to 26, 2015.

Former BLE director and resource speaker Virgilio Guillermo defined Labor Market Information as information related to labor and employment especially the interaction of the supply which are the jobseekers and the demand which are the available jobs offered by the employers.

He said learning to analyze and present the LMI is a key for the department to successfully deliver its services.

“The training will help us foresee and understand the labor market so we can create better and effective programs especially in our goal in the employment of the people,” he said.

He said this will enable DOLE employees to maximize the use of the analytical and report writing skills they will acquire from the training.

“Through this, they will know how to use these skills, improve that ability and use them for the development and planning of the programs and for the efficient utilization of funds,” he said.

During the training, the DOLE employees were given ample knowledge on the basics of labor market indicators such as the employment rates, unemployment rates, labor force participation among others and how each variable affect each other for them to be able to correctly interpret the data and process it into the right information.

“We are very appreciative of this effort because it will greatly benefit us most by knowing and understanding the employment status of our respective regions,” DOLE Davao Region regional director Joffrey M. Suyao.

“Understanding LMI is input to proper planning and appropriate implementation of projects for the DOLE and local government units (LGUs),” he added.

The training is now on  its third and last leg as similar training was previously conducted in the regional offices of the DOLE in Luzon and Visayas Clusters. (DOLE XI)