Help-Wanted Index: September 2010

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Help-Wanted Index: September 2010

Canadian Economic Analysis

Author: Julie Adès

$265.00

The Help-Wanted Index recorded its biggest gain in three years in August, climbing 8 percentage points to reach 104.1. Since the beginning of the year, the index has posted gains in five of the eight months.

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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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