Job Postings on Indeed in Ogden-Clearfield, UT (MSA)
IHLIDX36260 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
108.92
Year-over-Year Change
-0.36%
Date Range
5/22/2022 - 2/14/2025
Summary
The Job Postings on Indeed in Ogden-Clearfield, UT (MSA) measures the level of job postings in the Ogden-Clearfield metropolitan area based on data from the job search platform Indeed. This trend provides insights 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
The Job Postings on Indeed in Ogden-Clearfield, UT (MSA) index tracks changes in the volume of job postings in the Ogden-Clearfield, Utah metropolitan statistical area over time. It serves as a real-time indicator of labor market activity and hiring trends in this local market.
Methodology
The data is collected and calculated by the job search platform Indeed based on a sample of job postings on its website.
Historical Context
Economists and policymakers monitor this trend to assess the strength of the local labor market and gauge hiring demand in the Ogden-Clearfield region.
Key Facts
- The index is benchmarked to 100 in the January 2020 base period.
- Ogden-Clearfield is a metropolitan area in northern Utah with a population of over 660,000.
- The index reached a low of 61.2 in April 2020 during the COVID-19 pandemic.
FAQs
Q: What does this economic trend measure?
A: The Job Postings on Indeed in Ogden-Clearfield, UT (MSA) index measures the level of job postings in the Ogden-Clearfield metropolitan area based on data from the job search platform Indeed.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into local labor market conditions and hiring demand in the Ogden-Clearfield region, which is useful for economists, policymakers, and job seekers.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the job search platform Indeed based on a sample of job postings on its website.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor this trend to assess the strength of the local labor market and gauge hiring demand in the Ogden-Clearfield region, which can inform economic and workforce development policies.
Q: Are there update delays or limitations?
A: The data is provided in near real-time, but may be subject to revisions and limitations inherent in using a private-sector data source.
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Citation
U.S. Federal Reserve, Job Postings on Indeed in Ogden-Clearfield, UT (MSA) (IHLIDX36260), retrieved from FRED.