Help-Wanted Index: February 2014

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Help-Wanted Index: February 2014

Canadian Economic Analysis

Author: Alan Arcand, Julie Adès

$305.00

Following a large gain in December, the Help-Wanted Index remained relatively flat in January, with a tepid 0.2 point increase. Based on recent movements in the national Help-Wanted Index, employment is forecast to grow at only a moderate pace in the coming months.

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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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