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.
Help-Wanted Index: June 2010
Help-Wanted Index: June 2010
Canadian Economic Analysis
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The Help-Wanted Index climbed 5.7 percentage points in May to reach 96.1, partially offsetting April’s decline. This strong increase suggests that the recovery in the labour market is firmly entrenched. Indeed, the index has risen in all but two of the last 10 months, illustrating a steady upward trend.
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