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.
Help-Wanted Index: July 2010
Help-Wanted Index: July 2010
Canadian Economic Analysis
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The Help-Wanted Index rose 1.6 percentage points in June to reach 98.2, the ninth increase in the past 11 months. The index now stands 14 percentage points above its July 2009 level. The overall positive trend in the Help-Wanted Index is reflected in the employment numbers seen in the first half of 2010, and the June increase suggests we will continue to see further employment growth in the near term.
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