Job Postings on Indeed in Buffalo-Cheektowaga, NY (MSA)
IHLIDX15380 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
99.56
Year-over-Year Change
-0.20%
Date Range
5/22/2022 - 2/14/2025
Summary
The Job Postings on Indeed in Buffalo-Cheektowaga, NY (MSA) trend measures the level of job openings advertised on the Indeed job search platform for the Buffalo-Cheektowaga, NY metropolitan statistical area.
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 trend provides insight into the labor market dynamics and hiring demand within the Buffalo-Cheektowaga, NY region. It is a useful leading indicator for economists and policymakers to assess the health and direction of the local economy.
Methodology
The data is collected by Indeed from job postings on its website.
Historical Context
This trend is closely monitored by labor market analysts, employment agencies, and regional economic development organizations.
Key Facts
- The index is benchmarked to January 2020 = 100.
- Job postings in Buffalo-Cheektowaga peaked in May 2022 at 141.8% of the January 2020 level.
- The trend has shown steady recovery since the COVID-19 pandemic.
FAQs
Q: What does this economic trend measure?
A: This trend measures the level of job openings advertised on the Indeed job search platform for the Buffalo-Cheektowaga, NY metropolitan statistical area.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the labor market dynamics and hiring demand within the Buffalo-Cheektowaga, NY region, making it a useful leading indicator for economists and policymakers to assess the health and direction of the local economy.
Q: How is this data collected or calculated?
A: The data is collected by Indeed from job postings on its website.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by labor market analysts, employment agencies, and regional economic development organizations to inform their understanding of the local job market and guide their policy decisions.
Q: Are there update delays or limitations?
A: The data is updated regularly by Indeed, providing timely information on the state of the local job market.
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Citation
U.S. Federal Reserve, Job Postings on Indeed in Buffalo-Cheektowaga, NY (MSA) (IHLIDX15380), retrieved from FRED.