Help-Wanted Index: August 2014

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Help-Wanted Index: August 2014

Canadian Economic Analysis

Author: Alan Arcand, Julie Adès

$310.00

Canada’s labour market has been tepid as of late, with monthly job gains averaging only 10,850 over the past six months. The July reading of The Conference Board of Canada’s Help-Wanted Index points to continued weakness in employment gains over the near term.

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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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