Banking and Finance Job Postings on Indeed in Canada
IHLIDXCATPBAFI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
140.17
Year-over-Year Change
3.46%
Date Range
11/6/2022 - 8/1/2025
Summary
This economic trend measures job postings for the banking and finance sector in Canada, providing insights into labor market conditions and hiring demand in this 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 Banking and Finance Job Postings on Indeed in Canada indicator tracks online job postings for roles in the banking, finance, and insurance sectors across the Canadian economy. It serves as a real-time proxy for labor market activity and hiring trends in this key economic segment.
Methodology
The data is collected and calculated by Indeed, a leading global job site, based on the volume of job postings in their database.
Historical Context
This trend is used by economists, policymakers, and investors to monitor the health and outlook of Canada's financial services industry.
Key Facts
- Canada's financial services industry accounts for over 4% of GDP.
- Job postings in banking and finance reached a peak in 2022 before moderating.
- The trend provides a leading indicator of hiring and economic activity in this sector.
FAQs
Q: What does this economic trend measure?
A: This trend measures the volume of online job postings for roles in the banking, finance, and insurance sectors across the Canadian economy.
Q: Why is this trend relevant for users or analysts?
A: This trend provides a real-time indicator of labor market conditions and hiring demand in Canada's critical financial services industry, which is a key driver of economic activity.
Q: How is this data collected or calculated?
A: The data is collected and calculated by Indeed, a leading global job site, based on the volume of job postings in their database.
Q: How is this trend used in economic policy?
A: Economists, policymakers, and investors use this trend to monitor the health and outlook of Canada's financial services industry, which is crucial for informing economic policy decisions.
Q: Are there update delays or limitations?
A: The data is reported in a timely manner, but may be subject to revisions and can be influenced by factors like seasonal hiring patterns.
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Citation
U.S. Federal Reserve, Banking and Finance Job Postings on Indeed in Canada (IHLIDXCATPBAFI), retrieved from FRED.