Help-Wanted Index: January 2015

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Help-Wanted Index: January 2015

Canadian Economic Analysis

Author: Alan Arcand, Julie Adès

$310.00

After two months of declines, the Help-Wanted Index rose 1 point to 90.3 in December. While the gain was enough to offset only a small fraction of the two previous declines, those declines followed a significant gain 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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