Job Postings on Indeed in Louisville/Jefferson County, KY-IN (MSA)
This dataset tracks job postings on indeed in louisville/jefferson county, ky-in (msa) over time.
Latest Value
98.28
Year-over-Year Change
-0.16%
Date Range
2/1/2020 - 2/14/2025
Summary
The 'Job Postings on Indeed in Louisville/Jefferson County, KY-IN (MSA)' trend measures the volume of online job postings in the Louisville metropolitan area, providing insight into local labor market dynamics.
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 tracks the number of job postings on the Indeed job search platform for the Louisville/Jefferson County, KY-IN metropolitan statistical area. It serves as a real-time indicator of employer demand and hiring activity in the regional economy.
Methodology
The data is collected and calculated by the job search engine Indeed based on their own job posting information.
Historical Context
Economists and policymakers closely monitor this trend to gauge the health of the local labor market and inform economic policy decisions.
Key Facts
- The index is based on a 7-day moving average of job postings.
- Louisville's index reached a pandemic low in April 2020 but has since recovered.
- The index provides more timely data than traditional employment reports.
FAQs
Q: What does this economic trend measure?
A: This trend measures the volume of online job postings in the Louisville/Jefferson County, KY-IN metropolitan area, which serves as an indicator of employer demand and hiring activity in the regional labor market.
Q: Why is this trend relevant for users or analysts?
A: This real-time job postings index provides valuable insights into the health of the local economy and labor market, allowing economists and policymakers to monitor hiring trends and make informed decisions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the job search engine Indeed based on their own job posting information.
Q: How is this trend used in economic policy?
A: Economists and policymakers closely monitor this trend to gauge the strength of the local labor market and inform economic policy decisions, such as those related to employment, workforce development, and regional economic growth.
Q: Are there update delays or limitations?
A: The job postings data is updated in a timely manner, providing more real-time information than traditional employment reports. However, the index may not capture all job openings, as it is limited to listings on the Indeed platform.
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Citation
U.S. Federal Reserve, Job Postings on Indeed in Louisville/Jefferson County, KY-IN (MSA) (IHLIDX31140), retrieved from FRED.