Hospitality and Tourism Job Postings on Indeed in Canada
IHLIDXCATPHOTO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
100.59
Year-over-Year Change
7.00%
Date Range
11/6/2022 - 8/1/2025
Summary
The Hospitality and Tourism Job Postings on Indeed in Canada index tracks the volume of job postings in the hospitality and tourism sectors in Canada. This provides an up-to-date indicator of 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
The Hospitality and Tourism Job Postings on Indeed in Canada index measures changes in the number of job postings related to hotels, restaurants, travel, and other tourism-linked occupations. This real-time data offers insights into hiring trends and the overall health of the Canadian hospitality and tourism sectors.
Methodology
The index is calculated based on the volume of job postings on the Indeed job search platform.
Historical Context
Policymakers and industry analysts use this index to monitor the performance and recovery of the Canadian hospitality and tourism industries.
Key Facts
- The index reached a low point in April 2020 during the COVID-19 pandemic.
- Hospitality and tourism job postings have rebounded but remain below pre-pandemic levels.
- The index provides a timely indicator of labor demand in these important service sectors.
FAQs
Q: What does this economic trend measure?
A: The Hospitality and Tourism Job Postings on Indeed in Canada index measures changes in the volume of job postings related to hotels, restaurants, travel, and other tourism-linked occupations in Canada.
Q: Why is this trend relevant for users or analysts?
A: This real-time index offers valuable insights into hiring trends and the overall health of the Canadian hospitality and tourism sectors, which are crucial to the country's economy.
Q: How is this data collected or calculated?
A: The index is calculated based on the volume of job postings on the Indeed job search platform.
Q: How is this trend used in economic policy?
A: Policymakers and industry analysts use this index to monitor the performance and recovery of the Canadian hospitality and tourism industries, which have been significantly impacted by the COVID-19 pandemic.
Q: Are there update delays or limitations?
A: The index is updated regularly, providing timely data on the state of the Canadian hospitality and tourism job market.
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Citation
U.S. Federal Reserve, Hospitality and Tourism Job Postings on Indeed in Canada (IHLIDXCATPHOTO), retrieved from FRED.