Job Postings on Indeed in Winston-Salem, NC (MSA)
IHLIDX49180 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
109.88
Year-over-Year Change
0.99%
Date Range
5/22/2022 - 2/14/2025
Summary
The 'Job Postings on Indeed in Winston-Salem, NC (MSA)' trend tracks the daily count of job postings on the Indeed.com job search platform for the Winston-Salem, North Carolina metropolitan statistical area. This provides a real-time indicator of labor demand and economic activity in the region.
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 Winston-Salem, NC (MSA)' trend is an index that measures the volume of job postings in the Winston-Salem metropolitan area as tracked by the job search website Indeed.com. It serves as a timely proxy for overall labor market conditions and hiring trends in the local economy.
Methodology
The data is collected and calculated by Indeed based on the daily count of job postings on their platform.
Historical Context
This metric is widely used by economists, policymakers, and businesses to monitor labor market dynamics and make informed decisions.
Key Facts
- The index is normalized to 100 as the January 2020 average.
- Job postings in Winston-Salem reached a pandemic low of 58.5 in April 2020.
- As of the latest data, job postings are 18.3% above the January 2020 baseline.
FAQs
Q: What does this economic trend measure?
A: The 'Job Postings on Indeed in Winston-Salem, NC (MSA)' trend measures the daily volume of job postings on the Indeed.com platform for the Winston-Salem, North Carolina metropolitan area.
Q: Why is this trend relevant for users or analysts?
A: This trend provides a timely, granular indicator of labor market conditions and hiring activity in the Winston-Salem region, which is useful for economists, policymakers, and businesses monitoring the local economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by Indeed based on the daily count of job postings on their platform.
Q: How is this trend used in economic policy?
A: This metric is widely used by economists and policymakers to track labor market dynamics and make informed decisions about economic and workforce development initiatives in the Winston-Salem metropolitan area.
Q: Are there update delays or limitations?
A: The data is updated daily, providing real-time insights, but may be subject to revisions or limitations inherent in job posting data from a single platform.
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Citation
U.S. Federal Reserve, Job Postings on Indeed in Winston-Salem, NC (MSA) (IHLIDX49180), retrieved from FRED.