Help-Wanted Index: December 2012

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Help-Wanted Index: December 2012

Canadian Economic Analysis

Author: Julie Adès

$295.00

The Help-Wanted Index fell 6.8 points in November, bringing it to 127.6. While the decline was significant, it was not enough to wipe out completely the strong gain recorded the previous month.

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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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