Help-Wanted Index: May 2014

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Help-Wanted Index: May 2014

Canadian Economic Analysis

Author: Alan Arcand, Julie Adès

$305.00

The Help-Wanted Index rose 5.6 points to 97.9 in April, for a second consecutive gain. Recent movements in the national index suggest that employment will grow at a moderate pace in the coming months, with an expected gain of 33,300 jobs in May.

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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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