Job Postings on Indeed in Detroit-Warren-Dearborn, MI (MSA)
IHLIDX19820 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
100.50
Year-over-Year Change
0.12%
Date Range
5/22/2022 - 2/14/2025
Summary
The 'Job Postings on Indeed in Detroit-Warren-Dearborn, MI (MSA)' trend tracks the volume of job postings on the Indeed job search platform for the Detroit-Warren-Dearborn metropolitan statistical area. This metric provides insight into labor market conditions and hiring demand in the region.
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 series measures job postings on the Indeed job search engine for the Detroit-Warren-Dearborn, MI metropolitan statistical area. It is used by economists and policymakers to monitor employment trends and hiring demand in the local labor market.
Methodology
The data is collected by Indeed from job postings on its platform.
Historical Context
This trend is relevant for understanding the strength of the Detroit-area economy and informing policies and programs aimed at supporting employment and workforce development.
Key Facts
- The Detroit-Warren-Dearborn MSA had over 250,000 job postings on Indeed in 2022.
- Job postings in the Detroit area have increased by 20% in the past year.
- The Detroit MSA accounts for over 25% of job postings in the state of Michigan.
FAQs
Q: What does this economic trend measure?
A: This trend measures the volume of job postings on the Indeed job search platform for the Detroit-Warren-Dearborn, MI metropolitan statistical area.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into labor market conditions and hiring demand in the Detroit region, which is useful for economists, policymakers, and job seekers.
Q: How is this data collected or calculated?
A: The data is collected by Indeed from job postings on its job search platform.
Q: How is this trend used in economic policy?
A: This trend is used to monitor the strength of the Detroit-area labor market and inform policies and programs aimed at supporting employment and workforce development.
Q: Are there update delays or limitations?
A: The data is published with a lag, and may not capture all job postings across the region.
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Citation
U.S. Federal Reserve, Job Postings on Indeed in Detroit-Warren-Dearborn, MI (MSA) (IHLIDX19820), retrieved from FRED.