Food Preparation and Service Job Postings on Indeed in the United Kingdom
IHLIDXGBTPFOPRSE • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
73.69
Year-over-Year Change
-1.10%
Date Range
11/6/2022 - 8/1/2025
Summary
This trend measures job postings for food preparation and service roles in the United Kingdom, providing insights into labor demand in the hospitality 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 Food Preparation and Service Job Postings on Indeed in the United Kingdom index tracks the number of job postings in the food services sector, offering a real-time indicator of labor market conditions and hiring trends in the hospitality industry.
Methodology
The data is collected from job postings on the Indeed.com platform.
Historical Context
This metric is closely watched by economists and policymakers to assess the health of the UK's hospitality sector.
Key Facts
- The index is normalized to 100 in the base period.
- Job postings declined sharply during the COVID-19 pandemic.
- Hospitality is a major employer in the UK, accounting for over 2 million jobs.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of job postings for food preparation and service roles in the United Kingdom, providing insights into labor demand in the hospitality industry.
Q: Why is this trend relevant for users or analysts?
A: This metric is closely watched by economists and policymakers to assess the health of the UK's hospitality sector, which is a major employer and contributor to the overall economy.
Q: How is this data collected or calculated?
A: The data is collected from job postings on the Indeed.com platform.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this index to monitor the state of the hospitality labor market and inform decisions around economic policies and support measures for the industry.
Q: Are there update delays or limitations?
A: The data is provided in real-time, with no significant update delays, but may be subject to changes in Indeed's job posting coverage or methodology over time.
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Citation
U.S. Federal Reserve, Food Preparation and Service Job Postings on Indeed in the United Kingdom (IHLIDXGBTPFOPRSE), retrieved from FRED.