Job Postings on Indeed in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (MSA)

IHLIDX37980 • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

97.41

Year-over-Year Change

0.32%

Date Range

5/22/2022 - 2/14/2025

Summary

The 'Job Postings on Indeed in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (MSA)' measures the volume of online job postings in the Philadelphia metropolitan area. This indicator provides 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 data series tracks the number of job postings on the Indeed.com platform for the Philadelphia-Camden-Wilmington metropolitan statistical area. It serves as a real-time proxy for hiring activity and employment growth in the regional economy.

Methodology

The data is collected directly from the Indeed.com job posting platform.

Historical Context

Economists and policymakers monitor this trend to assess the health of the local job market and inform employment-related decisions.

Key Facts

  • The Philadelphia MSA includes 5 counties in 4 states.
  • Job postings peaked in mid-2022 and have since declined.
  • The data is updated weekly by the Federal Reserve.

FAQs

Q: What does this economic trend measure?

A: This trend measures the volume of online job postings in the Philadelphia-Camden-Wilmington metropolitan area, providing a real-time indicator of hiring demand and labor market conditions.

Q: Why is this trend relevant for users or analysts?

A: This trend is useful for understanding the strength of the local job market and informing economic and employment-related decisions by policymakers, businesses, and job seekers.

Q: How is this data collected or calculated?

A: The data is collected directly from the Indeed.com job posting platform.

Q: How is this trend used in economic policy?

A: Economists and policymakers monitor this trend to assess the health of the local labor market and inform employment-related decisions and policies.

Q: Are there update delays or limitations?

A: The data is updated weekly by the Federal Reserve and has no significant update delays or limitations.

Similar IHLIDX Trends

Citation

U.S. Federal Reserve, Job Postings on Indeed in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (MSA) (IHLIDX37980), retrieved from FRED.