Job Postings on Indeed in Lexington-Fayette, KY (MSA)
IHLIDX30460 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
118.15
Year-over-Year Change
-1.16%
Date Range
5/22/2022 - 2/14/2025
Summary
The 'Job Postings on Indeed in Lexington-Fayette, KY (MSA)' trend tracks the number of job postings on the Indeed job search platform for the Lexington-Fayette, Kentucky metropolitan statistical area. This provides valuable insight into local labor market conditions and hiring 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 series measures job postings on the Indeed platform, a leading online job search engine, for the Lexington-Fayette, KY metropolitan area. It serves as a real-time indicator of hiring activity and labor market tightness in the local economy.
Methodology
The data is collected directly from the Indeed job search platform.
Historical Context
Economists and policymakers use this metric to assess labor market trends and make informed decisions.
Key Facts
- Lexington-Fayette, KY is a major metropolitan area in central Kentucky.
- Job postings on Indeed serve as a real-time indicator of hiring demand.
- The trend has shown significant volatility during the COVID-19 pandemic.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of job postings on the Indeed job search platform for the Lexington-Fayette, Kentucky metropolitan statistical area.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insights into local labor market conditions and hiring demand, which is important for economists, policymakers, and job seekers.
Q: How is this data collected or calculated?
A: The data is collected directly from the Indeed job search platform.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this metric to assess labor market trends and make informed decisions about economic policy.
Q: Are there update delays or limitations?
A: The data is updated regularly, but there may be some delays in reporting.
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Citation
U.S. Federal Reserve, Job Postings on Indeed in Lexington-Fayette, KY (MSA) (IHLIDX30460), retrieved from FRED.