According a report from Forbes, Using Google to Predict the Unemployment Rate, the researchers, Francesco D’Amuri from the University of Essex and the Bank of Italy and Juri Marcucci from the Bank of Italy, use the Google keywords search statistics to forecast the unemployment rate. People who are interested can use Google Insights for Search to look for the related data.
Another way to get a sense of the job market is using hotjobs.com to gather the hiring information for different states. Some of the populous states are CA, TX, NY, FL, IL, PA, MA, OH, MI, WA. Monster.com also publishes Monster Employment Index monthly.
Google Insights for Search is a good tool for seeing the trends of popular products, but you need to use the right keywords to get the right information.
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