Help-Wanted Index September 2009

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Help-Wanted Index September 2009

Canadian Economic Analysis

Author: Julie Adès

$260.00

The number of new online job postings—as measured by Wanted Technologies—stood at 241,418 in August. That pushed the Help-Wanted Index to 86.9, up 2.6 points from the low reached in July.

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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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