Job Postings on Indeed in Salt Lake City, UT (MSA)
IHLIDX41620 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
95.80
Year-over-Year Change
-0.55%
Date Range
5/22/2022 - 2/14/2025
Summary
The 'Job Postings on Indeed in Salt Lake City, UT (MSA)' trend tracks the volume of job postings on the Indeed website within the Salt Lake City metropolitan statistical area. This metric provides insight into the state 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 Salt Lake City, UT metropolitan area. It serves as a real-time indicator of hiring activity and labor market conditions in the region.
Methodology
The data is collected directly from the Indeed job board and reflects the volume of unique job postings on their website.
Historical Context
Economists and policymakers use this indicator to monitor the health of the Salt Lake City job market and make informed decisions.
Key Facts
- The series is updated weekly.
- Salt Lake City is a major technology and healthcare hub.
- The region has experienced strong population and job growth in recent years.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the volume of job postings on the Indeed job search platform for the Salt Lake City, UT metropolitan area.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides real-time insight into the state of the local labor market and hiring demand, 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 job board and reflects the volume of unique job postings on their website.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this indicator to monitor the health of the Salt Lake City job market and make informed decisions about economic and workforce development initiatives.
Q: Are there update delays or limitations?
A: The series is updated weekly, providing timely data on the local labor market.
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Citation
U.S. Federal Reserve, Job Postings on Indeed in Salt Lake City, UT (MSA) (IHLIDX41620), retrieved from FRED.