Job Postings on Indeed in Richmond, VA (MSA)
IHLIDX40060 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
121.39
Year-over-Year Change
0.37%
Date Range
5/22/2022 - 2/14/2025
Summary
The 'Job Postings on Indeed in Richmond, VA (MSA)' trend measures the volume of job postings on the Indeed job search platform in the Richmond, Virginia metropolitan area. This metric provides timely insights 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 series tracks the number of job postings on the popular online job board Indeed, specifically for the Richmond, Virginia metropolitan statistical area (MSA). It offers a near real-time gauge of hiring activity and labor market tightness in the local economy.
Methodology
The data is collected directly from the Indeed job posting platform.
Historical Context
Economists and policymakers monitor this trend to assess the health of the Richmond regional labor market and broader economic conditions.
Key Facts
- The Richmond MSA includes the city of Richmond and surrounding counties.
- Job postings data provides a timelier indicator than monthly employment reports.
- Hiring trends often foreshadow changes in unemployment and economic growth.
FAQs
Q: What does this economic trend measure?
A: The 'Job Postings on Indeed in Richmond, VA (MSA)' trend measures the volume of job postings on the Indeed job search platform specifically for the Richmond, Virginia metropolitan area.
Q: Why is this trend relevant for users or analysts?
A: This metric provides a real-time gauge of hiring demand and labor market conditions in the Richmond regional economy, which is valuable information for economists, policymakers, and job seekers.
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: Economists and policymakers monitor this trend to assess the health of the Richmond labor market and broader economic conditions, which can inform policy decisions.
Q: Are there update delays or limitations?
A: The data is provided in near real-time, offering more timely insights than traditional monthly employment reports.
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Citation
U.S. Federal Reserve, Job Postings on Indeed in Richmond, VA (MSA) (IHLIDX40060), retrieved from FRED.