Help-Wanted Index: February 2011

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Help-Wanted Index: February 2011

Canadian Economic Analysis

Author: Julie Adès

$265.00

The Help-Wanted Index posted a strong gain of 8.1 points in January. That brought the index to 107.7—the highest it has been since the recession struck in late 2008.

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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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