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European Online Recruitment Decelerates Sequentially but Registers Annual Growth of 9%, According to the Monster Employment Index

3/02/2012 - 11:05
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    Monster Worldwide, Inc. (NYSE:MWW):

    January 2012 Index Highlights:

    • The Monster Employment Index Europe demonstrates a year-over-year growth of nine percent in January, a contrast to the double digit growth seen throughout 2011
    • Germany remains the only country to demonstrate strong annual growth of 30 percent and continues to lead all countries by measure of annual growth
    • The Netherlands, Italy, Belgium and France continue to report negative growth rates in January
    • Production, manufacturing, maintenance and repair matches the 22 percent growth rate of Engineering to become the top two growth industries this month
    • Management and consulting, down 11 percent, tracks the greatest annual decline in recruitment activity; other sectors to report annual rates of decline include Public sector, Arts and Education

    The Monster Employment Index Europe is a monthly gauge of online job demand based on a real-time review of millions of employer job opportunities culled from a large representative selection of career web sites and online job listings across Europe. The Index does not reflect the trend of any one advertiser or source, but is an aggregate measure of the change in job listings across the industry.

    "As the challenging economic conditions continue, the Index confirms the trend of recent months with fewer online recruitment opportunities in January as employers maintain a cautious approach to hiring," commented Alan Townsend, Vice President of Sales Readiness and Business Operations for Monster Europe. "However, while recruitment activity may have slowed from a general perspective, there are still pockets of demand for positions across industries such as production, telecommunication and transport, which are helping to maintain an overall positive growth track for Europe."

    Monster Employment Index Europe results for the past 18 months are as follows:

    Aug
    10

    		  

    Sep
    10

    		  

    Oct
    10

    		  

    Nov
    10

    		  

    Dec
    10

    		  

    Jan
    11

    		  

    Feb
    11

    		  

    Mar
    11

    		  

    Apr
    11

    		  

    May
    11

    		  

     

    Jun
    11

    		  

    Jul
    11

    		  

    Aug
    11

    		  

    Sep
    11

    		  

    Oct
    11

    		  

    Nov
    11

    		  

    Dec
    11

    		  

    Jan
    12

    		   Y-O-Y  
    115   117   122   122   122   116   125   131   136   135   140   139   139   138   139   139   136   127   9%  

    Industry Year-over-year Trends: 17 of the 24 industry sectors monitored by the Index in January exhibited positive annual growth trends.

    • Production, manufacturing, maintenance and repair (up 22 percent) joined Engineering (up 22 percent) to become the top two annual growth sectors in January, despite both registering slower growth compared to December
    • Transport, post and logistics (up 17 percent) continues to register positive annual growth albeit at a slower rate than recent months. This can be attributed in part to reduced demand for shipping and logistics positions, typically seen at the start of a new year
    • Real estate (up 16 percent) maintained fifth position in the Index this month with notable demand for leasing and property management positions
    • Marketing, PR and media (down two percent) experienced a slightly slower rate of annual growth in January, moving into the bottom-five growth industries
    • Management and consulting (down 11 percent) noted further reductions in online recruitment compared to a year ago, supplanting Public sector, defence, community as the weakest performing sector in the Index
         
    Top Growth Industries   Lowest Growth Industries
                                 
    Industry  

    Jan
    11

    		  

    Jan
    12

    		  

    %
    Y-O-Y
    Growth

    		   Industry  

    Jan
    11

    		  

    Jan
    12

    		  

    %
    Y-O-Y
    Growth
    Engineering   130   158   22%  

    Education, training and
    library

    		   192   191   -1%

    Production, manufacturing,
    maintenance, repair

    		   200   243   22%   Marketing, PR and media   131   129   -2%
    Telecommunication   86   102   19%  

    Arts, entertainment, sports,
    leisure

    		   105   102   -3%

    Transport, post and
    logistics

    		   144   169   17%  

    Public sector, defence,
    community

    		   81   75   -7%
    Real estate   104   121   16%  

    Management and
    consulting

    		   109   97   -11%
                                 

    Occupation Year-over-year Trends: Eight out of the nine occupational groups monitored by the Index in January continued to exhibit positive growth trends for the second consecutive month.

    • Craft and related trades (up 29 percent) completed its ninth consecutive month as the leading occupational group while noting slightly slowed demand in-line with trends seen across production and construction sectors
    • Elementary occupations (up 14 percent) claimed third place in the Index by measure of annual growth, reflecting an ongoing expansion in demand for lower-skilled workers, primarily for non-permanent employment positions
    • Managers (down ten percent) remained the only occupation to register negative growth in January aligned to reduced recruitment across the majority of sectors
         
    Top Growth Occupations   Lowest Growth Occupations
                                 
    Occupation  

    Jan
    11

    		  

    Jan
    12

    		  

    %
    Y-O-Y
    Growth

    		   Occupation  

    Jan
    11

    		  

    Jan
    12

    		  

    %
    Y-O-Y
    Growth

    Craft and related trades
    workers

    		   172   222   29%  

    Plant and machine
    operators, and assemblers

    		   100   107   7%

    Skilled agricultural, forestry
    and fishery workers

    		   136   160   18%   Professionals   117   124   6%
    Elementary occupations   153   175   14%   Managers   112   101   -10%
                                 

    The full monthly Monster Employment Index reports for Belgium, France, Germany, Italy, the Netherlands, Sweden and the United Kingdom will be made available on Tuesday, 14th February at 06:00 CET at: http://aboutmonster.com/employment/index/17.

    Data for the month of February 2012 will be released on March 9, 2012.

    By Region

                                                             
    Region  

    Jan
    11

    		  

    Feb
    11

    		  

    Mar
    11

    		  

    Apr
    11

    		  

    May
    11

    		  

    Jun
    11

    		  

    Jul
    11

    		  

    Aug
    11

    		  

    Sep
    11

    		  

    Oct
    11

    		  

    Nov
    11

    		  

    Dec
    11

    		  

    Jan
    12

    		  

    Y-O-Y
    GROWTH
    Belgium   101   113   120   125   119   118   113   109   102   107   102   101   98   -3%
    France   124   136   138   146   144   150   148   139   132   139   136   132   123   -1%
    Germany   133   139   151   159   158   164   166   172   175   171   175   177   173   30%
    Italy   135   134   145   147   145   142   148   140   132   143   146   141   128   -5%
    Netherlands   89   90   95   97   98   97   96   92   88   89   86   86   81   -9%
    Sweden   143   163   161   167   170   161   149   146   149   148   150   158   143   0%
    United Kingdom   128   139   137   138   136   141   140   138   135   140   140   141   129   1%
                                                             

    By Industry

                                                             
    Industry  

    Jan
    11

    		  

    Feb
    11

    		  

    Mar
    11

    		  

    Apr
    11

    		  

    May
    11

    		  

    Jun
    11

    		  

    Jul
    11

    		  

    Aug
    11

    		  

    Sep
    11

    		  

    Oct
    11

    		  

    Nov
    11

    		  

    Dec
    11

    		  

    Jan
    12

    		  

    Y-O-Y
    GROWTH
    Accounting, audit, taxes   91   93   99   102   101   102   101   98   97   99   99   98   93   2%
    Administrative, organisation   95   102   107   107   108   112   109   112   110   111   111   111   104   9%
    Agriculture, fishing and forestry   90   109   125   131   130   140   134   133   130   124   123   117   104   16%
    Arts, entertainment, sports, leisure   105   106   111   112   113   119   116   113   107   108   110   109   102   -3%
    Automotive   101   113   117   122   125   135   126   132   128   124   124   114   109   8%
    Banking, finance, insurance   80   83   88   91   88   86   89   88   86   87   87   87   82   2%
    Construction and extraction   113   122   129   134   135   141   140   144   142   138   137   130   122   8%
    Education, training and library   192   211   200   215   218   233   218   208   191   205   202   218   191   -1%
    Engineering   130   143   152   163   157   161   164   167   168   170   172   172   158   22%
    Environment, architecture and urbanism   91   93   95   102   96   103   102   102   101   102   103   107   100   10%
    Healthcare, social work   575   612   635   628   623   640   633   624   625   594   628   613   573   0%
    Hospitality and tourism   195   217   243   257   257   256   244   247   256   252   251   238   221   13%
    HR   85   90   93   95   95   96   95   95   94   94   94   94

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