Hospitality and Tourism Job Postings on Indeed in Australia
IHLIDXAUTPHOTO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
171.90
Year-over-Year Change
0.02%
Date Range
11/6/2022 - 8/1/2025
Summary
The Hospitality and Tourism Job Postings on Indeed in Australia measures job postings in the hospitality and tourism sectors in Australia, providing insights into labor demand and economic activity in these key industries.
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 index tracks the volume of job postings related to the hospitality and tourism sectors on the job search platform Indeed, serving as a real-time indicator of labor market trends in these industries within Australia.
Methodology
The data is collected and calculated by Indeed, a leading global job search engine.
Historical Context
This metric is closely watched by economists and policymakers to assess the health and recovery of Australia's hospitality and tourism sectors.
Key Facts
- Australia's hospitality and tourism sectors account for over 5% of GDP.
- Job postings in these industries declined sharply during the COVID-19 pandemic.
- The index reached a record high in 2022 as the sectors recovered.
FAQs
Q: What does this economic trend measure?
A: This index measures the volume of job postings related to the hospitality and tourism sectors in Australia, providing insights into labor demand in these key industries.
Q: Why is this trend relevant for users or analysts?
A: This metric is closely watched by economists and policymakers to assess the health and recovery of Australia's hospitality and tourism sectors, which are major contributors to the country's economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by Indeed, a leading global job search engine.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this index to monitor the state of the hospitality and tourism labor markets, which can inform decisions and policies related to economic stimulus, workforce development, and industry support.
Q: Are there update delays or limitations?
A: The data is provided in a timely manner, with minimal delays, making it a valuable real-time indicator of labor market trends in these sectors.
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Citation
U.S. Federal Reserve, Hospitality and Tourism Job Postings on Indeed in Australia (IHLIDXAUTPHOTO), retrieved from FRED.