Help-Wanted Index: December 2014

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Help-Wanted Index: December 2014

Canadian Economic Analysis

Author: Alan Arcand, Julie Adès

$310.00

The Help-Wanted Index fell 2.4 points in November. It was the second consecutive decline for the national index. On the positive side, the October and November declines were not enough to wipe out the gain recorded in September.

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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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