Scientific Research and Development Job Postings on Indeed in Canada
IHLIDXCATPSCREDE • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
98.63
Year-over-Year Change
-3.46%
Date Range
10/30/2022 - 7/25/2025
Summary
This trend measures the volume of job postings related to scientific research and development in Canada, as tracked by the job search platform Indeed. It provides insight into the demand for these specialized roles and the overall health of the R&D job market.
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 Scientific Research and Development Job Postings on Indeed in Canada index tracks the number of job listings in fields such as basic and applied research, experimental development, and scientific services. This metric is used by economists and policymakers to gauge the strength of the innovation economy and identify hiring trends in technology-driven industries.
Methodology
The data is collected from job postings on the Indeed platform and aggregated to create the index.
Historical Context
This trend is relevant for understanding the state of the Canadian labor market and investment in research and development activities.
Key Facts
- The index has a base value of 100 in January 2020.
- Canada's R&D job postings peaked in mid-2021 and have since declined.
- The trend can signal changes in business investment and government research funding.
FAQs
Q: What does this economic trend measure?
A: This trend measures the volume of job postings related to scientific research and development activities in Canada, as tracked by the job search platform Indeed.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the demand for specialized R&D roles and the overall health of Canada's innovation economy, which is important for economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected from job postings on the Indeed platform and aggregated to create the index.
Q: How is this trend used in economic policy?
A: This trend is relevant for understanding the state of the Canadian labor market and investment in research and development activities, which can inform economic and innovation policies.
Q: Are there update delays or limitations?
A: The index is updated regularly, but there may be delays in data reporting or limitations in the coverage of job postings on the Indeed platform.
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Citation
U.S. Federal Reserve, Scientific Research and Development Job Postings on Indeed in Canada (IHLIDXCATPSCREDE), retrieved from FRED.