Job Postings on Indeed in Bakersfield, CA (MSA)
IHLIDX12540 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
109.84
Year-over-Year Change
-1.67%
Date Range
5/22/2022 - 2/14/2025
Summary
The 'Job Postings on Indeed in Bakersfield, CA (MSA)' metric tracks the number of online job postings in the Bakersfield metropolitan area, providing insight into local labor market conditions.
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 data series, published by the U.S. Federal Reserve, measures the volume of job postings on the Indeed job search platform for the Bakersfield, California metropolitan statistical area (MSA). It serves as an indicator of hiring demand and economic activity in the local job market.
Methodology
The data is collected and calculated by Indeed from its proprietary job posting database.
Historical Context
Policymakers and analysts use this metric to assess labor market trends and gauge the economic health of the Bakersfield region.
Key Facts
- The Bakersfield MSA is located in Kern County, California.
- Job postings on Indeed serve as a leading indicator of hiring demand.
- The data is updated monthly by the U.S. Federal Reserve.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the volume of online job postings in the Bakersfield, California metropolitan area, providing insight into local labor market conditions and hiring demand.
Q: Why is this trend relevant for users or analysts?
A: This data is useful for policymakers, economists, and investors to assess the strength of the local job market and overall economic activity in the Bakersfield region.
Q: How is this data collected or calculated?
A: The data is collected and calculated by Indeed from its proprietary job posting database.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this metric to monitor labor market trends and gauge the economic health of the Bakersfield metropolitan area, which can inform policy decisions.
Q: Are there update delays or limitations?
A: The data is updated monthly by the U.S. Federal Reserve, with a short lag time between the end of the reporting period and the data release.
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Citation
U.S. Federal Reserve, Job Postings on Indeed in Bakersfield, CA (MSA) (IHLIDX12540), retrieved from FRED.