Help-Wanted Index: August 2013

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Help-Wanted Index: August 2013

Canadian Economic Analysis

Author: Julie Adès

$305.00

The Help-Wanted index fell 7.9 percentage points in July, bringing it to 119.6. Soft domestic demand has slowed the pace of hiring in recent months and is expected to continue to limit hiring in the near term.

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Signal49 Research’s Help-Wanted Index is an indicator of the number of new jobs advertised online. Our empirical analysis has shown that variations in the number of jobs posted online are generally followed by similar variations in employment in the ensuing months. Thus, the index can be used to predict near-term employment trends.

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