Food Preparation and Service Job Postings on Indeed in Germany
IHLIDXDETPFOPRSE • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
131.25
Year-over-Year Change
-0.16%
Date Range
8/14/2022 - 5/9/2025
Summary
The 'Food Preparation and Service Job Postings on Indeed in Germany' trend measures the level of job postings in the food service industry in Germany, providing insights into labor market conditions.
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 indicator tracks the volume of job postings for roles such as chefs, waitstaff, and food preparation workers on the job search platform Indeed. It serves as a real-time proxy for hiring demand and business activity in the German food service sector.
Methodology
The data is collected and indexed by Indeed based on job postings on their platform.
Historical Context
This metric is useful for assessing the health of the German food service industry and broader economic conditions.
Key Facts
- Trend started in January 2016.
- Reached a peak in July 2022.
- Declined 12% from peak to December 2022.
FAQs
Q: What does this economic trend measure?
A: This trend measures the volume of job postings for food preparation and service roles on the Indeed job search platform in Germany.
Q: Why is this trend relevant for users or analysts?
A: This metric provides real-time insights into labor market conditions and hiring demand in the German food service industry, which is an important sector of the economy.
Q: How is this data collected or calculated?
A: The data is collected and indexed by Indeed based on job postings on their platform.
Q: How is this trend used in economic policy?
A: This trend can be used by economists, policymakers, and industry analysts to assess the health and outlook of the German food service sector and broader economic conditions.
Q: Are there update delays or limitations?
A: The data is published in a timely manner, with a lag of only a few weeks. However, it may not capture all job postings in the industry, as it is limited to the Indeed platform.
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Citation
U.S. Federal Reserve, Food Preparation and Service Job Postings on Indeed in Germany (IHLIDXDETPFOPRSE), retrieved from FRED.