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DHI-DFH Index of Recruiting Intensity per Vacancy by Industry: Professional and Business Services (DISCONTINUED) (DHIDFHRVIPB)

Observation:

Apr 2018: 1.06756 (+ more)   Updated: Jun 11, 2018
Apr 2018:  1.06756  
Mar 2018:  1.06274  
Feb 2018:  1.04433  
Jan 2018:  1.05370  
Dec 2017:  1.09761  
View All

Units:

Index,
Not Seasonally Adjusted

Frequency:

Monthly

NOTES

Source: DHI Group, Inc.

Release: DHI Hiring Indicators  

Units:  Index, Not Seasonally Adjusted

Frequency:  Monthly

Notes:

Monthly updates of the DHI Hiring Indicators have been discontinue by the source.

The index is normalized to an average value of 1.0 for the period from January 2001 to December 2012. The BLS Job Openings Rate captures the availability of job vacancies in the economy, while the DHI-DFH Recruiting Intensity Index captures the intensity of employer efforts to fill those vacancies.

The DHI-DFH Recruiting Intensity Index quantifies the effective intensity of recruiting efforts per vacancy by employers with vacant job positions. The index complements the monthly Job Openings Rate produced by the U.S. Bureau of Labor Statistics (BLS) from the Job Openings and Labor Turnover Survey. The index construction follows the method developed by Steven J. Davis, R. Jason Faberman and John Haltiwanger (DFH) in "The Establishment-Level Behavior of Vacancies and Hiring," published in the May 2013 issue of the Quarterly Journal of Economics, and extended to industry and regional indices in "Recruiting Intensity during and after the Great Recession: National and Industry Evidence," published in the May 2012 issue of the American Economic Review.

Reproduced with permisson of DHI Group, Inc. and Dr. Steven J. Davis. Copyright, 2017 DHI Group, Inc. All rights reserved.

Suggested Citation:

DHI Group, Inc., DHI-DFH Index of Recruiting Intensity per Vacancy by Industry: Professional and Business Services (DISCONTINUED) [DHIDFHRVIPB], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/DHIDFHRVIPB, March 19, 2024.

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