Job Postings on Indeed tracks the daily volume of US job listings on the Indeed platform, indexed to February 1, 2020 = 100. A reading above 100 means more job openings than pre-pandemic levels; below 100 indicates fewer. The index surged in 2021–2022 as employers scrambled to hire post-lockdown, then declined steadily as the labour market normalized. It is a high-frequency leading indicator of labour demand — more timely than the monthly JOLTS report — and is closely watched alongside unemployment claims, payrolls, and the Sahm Rule to assess recession risk. Data sourced from the Indeed Hiring Lab via FRED (Federal Reserve Bank of St. Louis), series IHLIDXUS.