Help-Wanted Index: November 2010

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Help-Wanted Index: November 2010

Canadian Economic Analysis

Author: Julie Adès

$265.00

The Help-Wanted Index declined 0.45 points to 100.5 in October. Although modest, this represents the third decline in the last four months, suggesting that the fast pace of job gains seen during the early part of the recovery is over for now.

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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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