Job Postings on Indeed in Provo-Orem, UT (MSA)
This dataset tracks job postings on indeed in provo-orem, ut (msa) over time.
Latest Value
100.52
Year-over-Year Change
0.09%
Date Range
2/1/2020 - 2/14/2025
Summary
This economic trend measures job postings on the Indeed job search platform for the Provo-Orem, UT metropolitan statistical area (MSA). It provides insights into local labor market dynamics and employer 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
The Indeed Job Postings Index tracks changes in the volume of new job postings over time, offering a near real-time indicator of hiring activity and employment conditions in specific regional labor markets.
Methodology
The data is collected and calculated by Indeed, a leading global job search engine, based on a sample of job postings on its platform.
Historical Context
This trend is used by economists, policymakers, and businesses to monitor local job market conditions and inform economic forecasting and decision-making.
Key Facts
- Provo-Orem, UT is a major technology and education hub in Utah.
- Job postings in Provo-Orem peaked in mid-2022 before declining.
- Trends in this index can signal changes in local hiring and economic activity.
FAQs
Q: What does this economic trend measure?
A: This trend measures the volume of new job postings on the Indeed job search platform for the Provo-Orem, UT metropolitan area.
Q: Why is this trend relevant for users or analysts?
A: This trend provides a timely indicator of labor market conditions and employer demand in the Provo-Orem region, which is useful for economists, policymakers, and businesses.
Q: How is this data collected or calculated?
A: The data is collected and calculated by Indeed, a leading global job search engine, based on a sample of job postings on its platform.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to monitor local labor market dynamics and inform economic forecasting and decision-making.
Q: Are there update delays or limitations?
A: The data is updated regularly by Indeed, but may have a short delay compared to real-time conditions in the local job market.
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Citation
U.S. Federal Reserve, Job Postings on Indeed in Provo-Orem, UT (MSA) (IHLIDX39340), retrieved from FRED.