The Conference Board®−Burning Glass® Help Wanted OnLine® (HWOL) Index fell slightly in October and now stands at 164.4 (July 2018=100), down from 165.2 in September. The 0.49 percent decline between September and October follows a 4.1 percent increase between August and September. Overall, the Index is up 57.3 percent from a year ago.
The Help Wanted OnLine® Index is produced in collaboration with Burning Glass Technologies, the global pioneer in real-time labor market data and analysis. This recent collaboration enhances the Help Wanted OnLine® program by providing additional insights into important labor market trends.
Help Wanted OnLine® (HWOL) Index: United States, seasonally adjusted, October 2021
[July 2018=100]
Sources: The Conference Board, Burning Glass Technologies, Bureau of Labor Statistics
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PROGRAM NOTES
Prior to 2020, The Conference Board constructed the HWOL Index based solely on online job ads over time. Using a methodology designed to reduce non-economic volatility contributed by online job sources, the HWOL Index served an effective measure of changes in labor demand over time.