This may be one of those things that everyone already was following but me but one of the newsletters that I follow pointed out today how good the Monster Employment Index is becoming at indicating where jobs numbers will be.
The index which was was released yesterday and is a gauge of online job postings has been down three months in a row, the only time that has happened since it was created in 2003. Weakness in this indicator could be thought of as a good indicator of the monthly jobs number since it takes a few weeks to get people hired.
Anyhow for anyone who like me was not really following it up to this point you can subscribe free for email updates when it is published on monster's website here: http://www.monsterworldwide.com/Press_Room/MEI_US.asp
The index which was was released yesterday and is a gauge of online job postings has been down three months in a row, the only time that has happened since it was created in 2003. Weakness in this indicator could be thought of as a good indicator of the monthly jobs number since it takes a few weeks to get people hired.
Anyhow for anyone who like me was not really following it up to this point you can subscribe free for email updates when it is published on monster's website here: http://www.monsterworldwide.com/Press_Room/MEI_US.asp