Production and Manufacturing Job Postings on Indeed in Canada
IHLIDXCATPPRMA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
91.97
Year-over-Year Change
0.80%
Date Range
11/6/2022 - 8/1/2025
Summary
This economic trend tracks the daily volume of job postings in the production and manufacturing sectors in Canada, as measured by the Indeed Hiring Lab. It provides real-time insights into labor demand 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 Indeed Production and Manufacturing Job Postings Index measures trends in Canadian job postings related to production, manufacturing, and related occupations. It is a useful leading indicator of activity in these sectors and can inform policy decisions and investment strategies.
Methodology
The data is collected from job postings on the Indeed platform and aggregated to create a daily index.
Historical Context
This trend is closely watched by economists, policymakers, and businesses to understand the state of the Canadian labor market and production environment.
Key Facts
- The index is updated daily by the Indeed Hiring Lab.
- Postings in production and manufacturing represent about 10% of total job postings in Canada.
- The index is seasonally adjusted to account for typical hiring patterns.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the daily volume of job postings in the production and manufacturing sectors in Canada, as measured by the Indeed Hiring Lab.
Q: Why is this trend relevant for users or analysts?
A: It provides real-time insights into labor demand in these key industries, which is useful for policymakers, businesses, and economists to understand the state of the Canadian economy.
Q: How is this data collected or calculated?
A: The data is collected from job postings on the Indeed platform and aggregated to create a daily index.
Q: How is this trend used in economic policy?
A: This trend is closely watched by policymakers to gauge the health of the Canadian manufacturing and production sectors, which are crucial for the overall economy.
Q: Are there update delays or limitations?
A: The index is updated daily by the Indeed Hiring Lab, providing timely data with no significant delays.
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Citation
U.S. Federal Reserve, Production and Manufacturing Job Postings on Indeed in Canada (IHLIDXCATPPRMA), retrieved from FRED.