Job Postings on Indeed in Pittsburgh, PA (MSA)
IHLIDX38300 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
107.56
Year-over-Year Change
1.44%
Date Range
5/22/2022 - 2/14/2025
Summary
The 'Job Postings on Indeed in Pittsburgh, PA (MSA)' trend measures the volume of job postings on the Indeed.com platform for the Pittsburgh metropolitan statistical area. This metric is a real-time indicator of labor market conditions and hiring demand in the 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 trend tracks the number of unique job postings on the popular job search site Indeed for the Pittsburgh, PA metropolitan area. It provides a timely snapshot of hiring activity and labor market tightness in the local economy, which is valuable for economists, policymakers, and job seekers.
Methodology
The data is collected directly from the Indeed.com platform and represents a count of unique job postings.
Historical Context
This trend is often used to assess the strength of regional labor markets and inform economic policy decisions.
Key Facts
- The Pittsburgh MSA covers Allegheny, Beaver, Butler, Fayette, Washington, and Westmoreland counties.
- Job postings on Indeed reached a peak in February 2020 before declining during the COVID-19 pandemic.
- The Pittsburgh metro area has seen a gradual recovery in hiring activity since mid-2020.
FAQs
Q: What does this economic trend measure?
A: This trend measures the volume of unique job postings on the Indeed.com platform for the Pittsburgh, PA metropolitan statistical area (MSA).
Q: Why is this trend relevant for users or analysts?
A: This metric provides a timely, real-time indicator of labor market conditions and hiring demand in the Pittsburgh regional economy, which is valuable for economists, policymakers, and job seekers.
Q: How is this data collected or calculated?
A: The data is collected directly from the Indeed.com platform and represents a count of unique job postings.
Q: How is this trend used in economic policy?
A: This trend is often used to assess the strength of the regional labor market and inform economic policy decisions at the local and state level.
Q: Are there update delays or limitations?
A: The data is updated regularly by the Federal Reserve, but there may be some delays in reporting compared to the real-time nature of the underlying Indeed.com data.
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Citation
U.S. Federal Reserve, Job Postings on Indeed in Pittsburgh, PA (MSA) (IHLIDX38300), retrieved from FRED.