Job Postings on Indeed in Portland-South Portland, ME (MSA)
IHLIDX38860 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
120.92
Year-over-Year Change
-0.49%
Date Range
5/22/2022 - 2/14/2025
Summary
The Job Postings on Indeed in Portland-South Portland, ME (MSA) tracks the volume of online job postings in the Portland-South Portland metropolitan area. This metric provides insight into the strength of the local labor market 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 the number of job postings on the Indeed job search platform for the Portland-South Portland, Maine metropolitan statistical area (MSA). It serves as a leading indicator of employment trends, as changes in job postings often precede changes in actual hiring and labor market conditions.
Methodology
The data is collected directly from the Indeed job search platform.
Historical Context
Economists and policymakers monitor this trend to assess the health of the local and regional economy.
Key Facts
- The Portland-South Portland MSA covers Cumberland, Sagadahoc, and York counties in Maine.
- Job postings on Indeed can indicate changing employer demand for workers.
- This metric is updated daily by the Federal Reserve Bank of St. Louis.
FAQs
Q: What does this economic trend measure?
A: This trend measures the volume of online job postings on the Indeed job search platform for the Portland-South Portland, Maine metropolitan area.
Q: Why is this trend relevant for users or analysts?
A: Changes in job postings can provide early signals about the strength of the local labor market and hiring demand, making this a useful indicator 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: Analysts and policymakers monitor this trend to assess the health of the local and regional economy, which can inform decisions around economic development, workforce policies, and other initiatives.
Q: Are there update delays or limitations?
A: This metric is updated daily by the Federal Reserve Bank of St. Louis with no significant delays.
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Citation
U.S. Federal Reserve, Job Postings on Indeed in Portland-South Portland, ME (MSA) (IHLIDX38860), retrieved from FRED.