Help-Wanted Index: March 2011

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Help-Wanted Index: March 2011

Canadian Economic Analysis

Author: Julie Adès

$265.00

The Help-Wanted Index continued its ascent in February, posting a healthy 4.8 percentage point gain. It has been a positive start for the year. Coming on top of a strong gain the previous month, the February increase pushed the Help-Wanted Index to 113.5.

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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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