Job Postings on Indeed in El Paso, TX (MSA)
IHLIDX21340 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
124.05
Year-over-Year Change
-0.53%
Date Range
5/22/2022 - 2/14/2025
Summary
The Job Postings on Indeed in El Paso, TX (MSA) trend tracks the volume of job postings on the Indeed job search platform in the El Paso metropolitan area. This provides insight into local labor market conditions and hiring demand.
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 measures the daily count of new job postings on the Indeed job search platform for the El Paso, Texas metropolitan statistical area (MSA). It serves as a real-time indicator of labor market activity and employer demand for workers in the local economy.
Methodology
The data is collected directly from the Indeed job search platform.
Historical Context
Economists and policymakers monitor this trend to assess the strength of the local job market and overall economic conditions in the El Paso region.
Key Facts
- The index is published daily by the Federal Reserve Bank of St. Louis.
- El Paso is a major metropolitan area in west Texas with a population over 700,000.
- The index tracks job postings rather than employment levels or unemployment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the volume of new job postings on the Indeed job search platform for the El Paso, Texas metropolitan area.
Q: Why is this trend relevant for users or analysts?
A: This trend provides real-time insight into labor market conditions and hiring demand in the El Paso region, which is useful for economists, policymakers, and job seekers.
Q: How is this data collected or calculated?
A: The data is collected directly from the Indeed job search platform.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor this trend to assess the strength of the local job market and overall economic conditions in the El Paso region.
Q: Are there update delays or limitations?
A: The index is published daily with no significant update delays, providing timely data on job market trends.
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Citation
U.S. Federal Reserve, Job Postings on Indeed in El Paso, TX (MSA) (IHLIDX21340), retrieved from FRED.