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A Cautionary Note on the Help Wanted Online Data

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Abstract

Measuring labor demand is one of the crucial tasks in analyzing the labor market. In the case of the United States, two main data sources geared towards this objective are the Job Openings and Labor Turnover Survey (JOLTS), administered by the Bureau of Labor Statistics, and the Conference Board Help Wanted Online series (HWOL). In this note we exploit the timing of Craigslist price increases by metropolitan area (MSA) to find their effect on online vacancy posting.

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  • Tomaz Cajner & David Ratner, 2016. "A Cautionary Note on the Help Wanted Online Data," FEDS Notes 2016-06-23, Board of Governors of the Federal Reserve System (U.S.).
    • Handle: RePEc:fip:fedgfn:2016-06-23
    DOI: 10.17016/2380-7172.1795
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    File URL: https://www.federalreserve.gov/econresdata/notes/feds-notes/2016/a-cautionary-note-on-the-help-wanted-online-data-20160623.html
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    Cited by:

    1. Kristle Romero Cortes & Andrew Glover & Murat Tasci, 2016. "The Unintended Consequences of Employer Credit Check Bans on Labor and Credit Markets," Working Papers 16-25R2, Federal Reserve Bank of Cleveland.
    2. Kristle R. Cortes & Andrew Glover & Murat Tasci, 2022. "The Unintended Consequences of Employer Credit Check Bans for Labor Markets," The Review of Economics and Statistics, MIT Press, vol. 104(5), pages 997-1009, December.
    3. Sánchez Gómez, Manuel Esteban, 2023. "Job Vacancy Index for Costa Rica 2010 - 2021," Revista de Ciencias Económicas, Instituto de Investigaciones en Ciencias Económicas, Universidad de Costa Rica, vol. 41(1), January.
    4. Arthur Turrell & Bradley Speigner & Jyldyz Djumalieva & David Copple & James Thurgood, 2019. "Transforming Naturally Occurring Text Data into Economic Statistics: The Case of Online Job Vacancy Postings," NBER Chapters, in: Big Data for Twenty-First-Century Economic Statistics, pages 173-207, National Bureau of Economic Research, Inc.
    5. Jonathon Hazell & Bledi Taska, 2020. "Downward Rigidity in the Wage for New Hires," Discussion Papers 2028, Centre for Macroeconomics (CFM).
    6. Kothari, Pratik & O’Doherty, Michael S., 2023. "Job postings and aggregate stock returns," Journal of Financial Markets, Elsevier, vol. 64(C).
    7. Roberto Pinheiro & Murat Tasci, 2019. "Firms, Skills, and Wage Inequality," Working Papers 17-06R, Federal Reserve Bank of Cleveland.

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