Help-Wanted Index: October 2011

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Help-Wanted Index: October 2011

Canadian Economic Analysis

Author: Julie Adès

$275.00

The Help-Wanted Index posted another decline in September. After falling 6.1 points in August, the index dropped 3.3 points last month, bringing it to 117.2.

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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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