Help-Wanted Index: June 2013

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Help-Wanted Index: June 2013

Canadian Economic Analysis

Author: Julie Adès

$305.00

The Help-Wanted index rose 6.4 percentage points in May, bringing it to 138.4. While employment gains were modest during the first four months of the year, the labour market recorded a significant jump in May.

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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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