Help-Wanted Index: February 2012

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Help-Wanted Index: February 2012

Canadian Economic Analysis

Author: Julie Adès

$275.00

The Help-Wanted Index posted a 3 percentage point gain in January—its second gain in six months—that took the index to 120.6. Based on the index, employment growth should be just modest 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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