Help-Wanted Index: September 2013

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Help-Wanted Index: September 2013

Canadian Economic Analysis

Author: Julie Adès

$305.00

The Help-Wanted index climbed 10 percentage points in August, bringing it to 129.3. This gain completely offset the decline recorded in the previous month, but the index had experienced two consecutive monthly declines before August’s positive showing.

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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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