Job Postings on Indeed in Springfield, MA (MSA)
IHLIDX44140 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
113.60
Year-over-Year Change
-1.70%
Date Range
5/22/2022 - 2/14/2025
Summary
The Job Postings on Indeed in Springfield, MA (MSA) trend measures the volume of job postings in the Springfield, Massachusetts metropolitan area. This indicator provides insight into 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
The Job Postings on Indeed in Springfield, MA (MSA) is an index that tracks the number of job postings on the Indeed.com platform within the Springfield, Massachusetts metropolitan statistical area. This data serves as a real-time barometer of hiring activity and labor market conditions in the local economy.
Methodology
The data is collected by Indeed.com through their job posting platform.
Historical Context
Economists and policymakers use this trend to assess the strength of the local job market and guide employment-related decisions.
Key Facts
- The index is published on a weekly basis.
- Springfield, MA is a major metropolitan area in the Northeast U.S.
- The trend can signal changes in local hiring demand and economic activity.
FAQs
Q: What does this economic trend measure?
A: The Job Postings on Indeed in Springfield, MA (MSA) trend measures the volume of job postings on the Indeed.com platform within the Springfield, Massachusetts metropolitan area.
Q: Why is this trend relevant for users or analysts?
A: This trend provides real-time insight into the strength of the local labor market and hiring demand in the Springfield, MA economy, which is useful for economists, policymakers, and job seekers.
Q: How is this data collected or calculated?
A: The data is collected by Indeed.com through their job posting platform.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this trend to assess the local job market and guide employment-related decisions and policies.
Q: Are there update delays or limitations?
A: The index is published on a weekly basis, providing timely data on job posting activity.
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Citation
U.S. Federal Reserve, Job Postings on Indeed in Springfield, MA (MSA) (IHLIDX44140), retrieved from FRED.