Job Postings on Indeed in Scranton--Wilkes-Barre, PA (MSA)
IHLIDX42540 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
116.05
Year-over-Year Change
0.67%
Date Range
5/22/2022 - 2/14/2025
Summary
The Job Postings on Indeed in Scranton--Wilkes-Barre, PA (MSA) trend tracks the volume of job postings in the Scranton--Wilkes-Barre metropolitan area as measured by the job search engine Indeed.
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 number of job postings in the Scranton--Wilkes-Barre metropolitan statistical area (MSA) by aggregating data from the Indeed job search platform. It provides insights into the labor market health and hiring demand in the region.
Methodology
The data is collected by Indeed, a leading job search engine, and aggregated to produce this regional index.
Historical Context
Economists and policymakers monitor this trend to assess the strength of the local job market and the pace of economic recovery.
Key Facts
- The Scranton--Wilkes-Barre MSA has a population of over 550,000.
- Job postings on Indeed reached a pandemic low in April 2020.
- The index has shown steady recovery since the COVID-19 recession.
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 Scranton--Wilkes-Barre, PA metropolitan area.
Q: Why is this trend relevant for users or analysts?
A: The job postings index provides insights into the health of the local labor market and hiring demand, which is useful for economists, policymakers, and job seekers.
Q: How is this data collected or calculated?
A: The data is collected by the job search engine Indeed and aggregated to produce this regional index.
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 the pace of economic recovery in the Scranton--Wilkes-Barre region.
Q: Are there update delays or limitations?
A: The data is published with a short lag and may be subject to revisions by the source.
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Citation
U.S. Federal Reserve, Job Postings on Indeed in Scranton--Wilkes-Barre, PA (MSA) (IHLIDX42540), retrieved from FRED.