Job Postings on Indeed in Albuquerque, NM (MSA)
IHLIDX10740 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
134.39
Year-over-Year Change
-1.86%
Date Range
5/22/2022 - 2/14/2025
Summary
The 'Job Postings on Indeed in Albuquerque, NM (MSA)' trend tracks the daily number of job postings on the Indeed.com job search platform for the Albuquerque, New Mexico metropolitan area. This metric provides timely insights 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 index measures the volume of job postings on the popular job search site Indeed for the Albuquerque, NM metropolitan statistical area (MSA). It serves as a real-time indicator of labor market conditions and hiring activity in the local economy.
Methodology
The data is collected directly from the Indeed.com platform.
Historical Context
Economists and policymakers monitor this trend to assess the health of the Albuquerque-area job market.
Key Facts
- The Albuquerque MSA includes Bernalillo, Sandoval, Torrance, and Valencia counties.
- Job postings peaked in January 2022 and have since declined by over 20%.
- The Albuquerque job market lags the national average based on this indicator.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the daily number of job postings on the Indeed.com platform for the Albuquerque, New Mexico metropolitan area.
Q: Why is this trend relevant for users or analysts?
A: This metric provides timely insights into local labor demand, which is crucial for understanding the health of the Albuquerque job market.
Q: How is this data collected or calculated?
A: The data is collected directly from the Indeed.com job search platform.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor this trend to assess the strength of the Albuquerque-area labor market and make informed decisions.
Q: Are there update delays or limitations?
A: The data is published daily with no significant update delays, but it may not capture all job postings in the Albuquerque MSA.
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Citation
U.S. Federal Reserve, Job Postings on Indeed in Albuquerque, NM (MSA) (IHLIDX10740), retrieved from FRED.