Help-Wanted Index: July 2011

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Help-Wanted Index: July 2011

Canadian Economic Analysis

Author: Julie Adès

$275.00

The Help-Wanted Index rose 7 points in June to 118.3. The gain followed two consecutive monthly declines, including a 14-point drop in March. Despite that drop, the index is still 18 points higher than it was at the end of 2010.

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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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