Help-Wanted Index: December 2010

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Help-Wanted Index: December 2010

Canadian

Author: Julie Adès

$265.00

Following two consecutive declines, the Help-Wanted Index rose 2.47 points to 103.1 in November. Still, despite the increase, the recent declines in the index suggest that the slowdown in the labour market will continue for the next few months at least.

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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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