Job Postings on Indeed in Durham-Chapel Hill, NC (MSA)
IHLIDX20500 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
101.29
Year-over-Year Change
-0.76%
Date Range
5/22/2022 - 2/14/2025
Summary
The Job Postings on Indeed in Durham-Chapel Hill, NC (MSA) trend measures the volume of job postings in the Durham-Chapel Hill metropolitan area, providing insights into local 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 index tracks the number of job postings on the Indeed job search platform in the Durham-Chapel Hill, North Carolina metropolitan statistical area. It serves as a real-time indicator of hiring demand and economic activity in the region.
Methodology
The data is collected by Indeed based on job postings on their platform.
Historical Context
This trend is used by economists and policymakers to assess the strength of the local labor market and inform economic policy decisions.
Key Facts
- The Durham-Chapel Hill MSA includes Durham, Orange, and Person counties in North Carolina.
- Job postings on Indeed are a leading indicator of hiring trends and labor demand.
- This index is updated monthly by the Federal Reserve Economic Data (FRED) system.
FAQs
Q: What does this economic trend measure?
A: This trend measures the volume of job postings on the Indeed job search platform in the Durham-Chapel Hill, North Carolina metropolitan area.
Q: Why is this trend relevant for users or analysts?
A: This trend provides real-time insights into the strength of the local labor market and hiring demand, which is useful for economists, policymakers, and businesses monitoring regional economic conditions.
Q: How is this data collected or calculated?
A: The data is collected by Indeed based on job postings on their platform.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to assess the strength of the local labor market and inform economic policy decisions.
Q: Are there update delays or limitations?
A: This index is updated monthly by the Federal Reserve Economic Data (FRED) system, with no known significant delays or limitations.
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Citation
U.S. Federal Reserve, Job Postings on Indeed in Durham-Chapel Hill, NC (MSA) (IHLIDX20500), retrieved from FRED.