Food Preparation and Service Job Postings on Indeed in Australia
This dataset tracks food preparation and service job postings on indeed in australia over time.
Latest Value
202.79
Year-over-Year Change
-1.73%
Date Range
2/1/2020 - 8/1/2025
Summary
This economic indicator tracks the number of job postings for food preparation and service roles on the job search platform Indeed in Australia. It provides insights into labor demand and hiring trends within the food service industry.
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 Food Preparation and Service Job Postings on Indeed in Australia index measures the level of job postings in that occupational category across the country. It is used by economists and policymakers to gauge the health and recovery of the food service sector, a key part of the Australian economy.
Methodology
The data is collected by Indeed, a leading job search platform, and measures the volume of online job postings in the specified occupational category.
Historical Context
This trend is closely watched by analysts and policymakers to assess the state of the Australian labor market and service industry.
Key Facts
- The index is based on the total volume of job postings, not just new postings.
- Food preparation and service is a major component of the Australian service sector.
- Trends in this index can signal changes in consumer demand and business confidence.
FAQs
Q: What does this economic trend measure?
A: This index measures the volume of job postings for food preparation and service roles on the Indeed job search platform in Australia.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into labor demand and hiring activity within the Australian food service industry, which is a key part of the economy.
Q: How is this data collected or calculated?
A: The data is collected by the job search platform Indeed and measures the total volume of online job postings in the specified occupational category.
Q: How is this trend used in economic policy?
A: Analysts and policymakers closely monitor this index to assess the state of the Australian labor market and service industry, which can inform economic policies.
Q: Are there update delays or limitations?
A: There may be lags in data reporting, and the index only covers job postings on the Indeed platform, which may not represent the full labor market.
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Citation
U.S. Federal Reserve, Food Preparation and Service Job Postings on Indeed in Australia (IHLIDXAUTPFOPRSE), retrieved from FRED.