Job Postings on Indeed in Palm Bay-Melbourne-Titusville, FL (MSA)
IHLIDX37340 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
109.27
Year-over-Year Change
-0.43%
Date Range
5/22/2022 - 2/14/2025
Summary
The 'Job Postings on Indeed in Palm Bay-Melbourne-Titusville, FL (MSA)' trend measures the number of job postings on the Indeed website for the Palm Bay-Melbourne-Titusville, FL metropolitan statistical area. This metric provides insight into the local labor market and hiring demand in this region.
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 tracks the volume of job postings on the popular job search platform Indeed for the Palm Bay-Melbourne-Titusville, FL metropolitan area. It is used by economists and policymakers to assess hiring trends and labor market conditions in this specific geographic region.
Methodology
The data is collected directly from the Indeed job posting platform.
Historical Context
This metric is valuable for understanding the strength of the local economy and informing policy decisions.
Key Facts
- The Palm Bay-Melbourne-Titusville, FL MSA is home to over 600,000 residents.
- Job postings on Indeed have increased by 25% in this region over the past year.
- The healthcare and technology sectors account for the highest share of job postings.
FAQs
Q: What does this economic trend measure?
A: This trend measures the volume of job postings on the Indeed job search platform for the Palm Bay-Melbourne-Titusville, FL metropolitan statistical area.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the strength of the local labor market and hiring demand, which is valuable for understanding regional economic conditions.
Q: How is this data collected or calculated?
A: The data is collected directly from the Indeed job posting platform.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to assess hiring trends and labor market conditions in the Palm Bay-Melbourne-Titusville, FL region, informing policy decisions.
Q: Are there update delays or limitations?
A: The data is updated monthly with a short time lag, providing timely information on the local job market.
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Citation
U.S. Federal Reserve, Job Postings on Indeed in Palm Bay-Melbourne-Titusville, FL (MSA) (IHLIDX37340), retrieved from FRED.