Job Postings on Indeed in Albany-Schenectady-Troy, NY (MSA)
This dataset tracks job postings on indeed in albany-schenectady-troy, ny (msa) over time.
Latest Value
102.84
Year-over-Year Change
1.24%
Date Range
2/1/2020 - 2/14/2025
Summary
The 'Job Postings on Indeed in Albany-Schenectady-Troy, NY (MSA)' trend measures job postings activity in the Albany metropolitan area, providing insight into local labor demand.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This trend tracks the volume of job postings on the Indeed.com platform for the Albany-Schenectady-Troy, NY metropolitan statistical area. It serves as a real-time indicator of hiring trends and labor market conditions in the regional economy.
Methodology
The data is collected directly from job postings on the Indeed.com platform.
Historical Context
This metric is widely used by economists and policymakers to assess regional labor market dynamics and hiring activity.
Key Facts
- The series has been tracked since January 2016.
- Job postings in Albany peaked in October 2021 and have since declined.
- The Albany metro area has a population of around 1 million people.
FAQs
Q: What does this economic trend measure?
A: This trend measures the volume of job postings on the Indeed.com platform for the Albany-Schenectady-Troy, NY metropolitan statistical area, providing insight into local labor demand.
Q: Why is this trend relevant for users or analysts?
A: This metric is a real-time indicator of hiring trends and labor market conditions in the Albany regional economy, which is useful for economists, policymakers, and job seekers.
Q: How is this data collected or calculated?
A: The data is collected directly from job postings on the Indeed.com platform.
Q: How is this trend used in economic policy?
A: This trend is widely used by economists and policymakers to assess regional labor market dynamics and hiring activity, informing decisions and policies related to employment, economic development, and workforce planning.
Q: Are there update delays or limitations?
A: The data is updated regularly, with a minimal delay, providing timely information on job posting trends in the Albany metro area.
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Citation
U.S. Federal Reserve, Job Postings on Indeed in Albany-Schenectady-Troy, NY (MSA) (IHLIDX10580), retrieved from FRED.