Help-Wanted Index: January 2012

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Help-Wanted Index: January 2012

Canadian Economic Analysis

Author: Julie Adès

$275.00

The Help-Wanted Index posted its fourth decline in five months in December, falling 1 percentage point to 116.7. The results suggest that the labour market should continue to see only slow improvement in 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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