Help-Wanted Index: April 2015

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Help-Wanted Index: April 2015

Canadian Economic Analysis

Author: Alan Arcand, Julie Adès

$310.00

The Help-Wanted Index rose 2.4 points to 85.2 in March—its first gain in three months. Last year, employment grew by only 0.6 per cent—its weakest performance in over two decades, aside from the recession year of 2009 (when employment declined by 1.6 per cent).

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The Conference Board of Canada’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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