Germany and Eastern Europe Drive Sustained Recruitment Growth,Reports Monster Employment Index Europe
Monster Worldwide, Inc. (NYSE: MWW):
August 2011 Index Highlights:
- The Monster Employment Index Europe exhibits 21 percent annual growth in August, maintaining last month´s trend
- Industrial production continues to lead in the Index in August
- All industries continue to exhibit positive annual growth except public sector, defence, community
- Craft and related workers continued its lead with the strongest growth of all occupations for the fifth consecutive month
- Germany continues to drive the highest growth across the EU, while the Netherlands notes a slight easing
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.
"Strong double-digit growth trends in Germany, France and Sweden have driven the notable 21 percent increase in year-over-year growth for Europe," commented Alan Townsend, Vice President of Sales Readiness and Business Operations for Monster Europe. "Employers, particularly in the public sector and banking/ finance, continue to remain cautious but in general are still hiring for critical positions across all occupational groups."
Monster Employment Index Europe results for the past 18 months are as follows:
Mar
10
Apr
10
May
10
Jun
10
Jul
10
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
Y-O-Y
104 108 112 114 115 115 117 122 122 122 116 125 131 136 135 140 139 13921%
Industry Year-over-year Trends: 23 of the 24 industry sectors monitored by the Index in August exhibited positive annual growth trends.
- Production, manufacturing maintenance and repair (up 42 percent) was this month´s star performer by measure of annual growth where ongoing escalation has been strongest for Germany, as well as throughout Eastern Europe
- Transport post and logistics (up 40 percent) slipped back to second position by measure of annual growth in August, however the current rate still reflects a high level of demand across this sector
- Engineering (up 40 percent) and Telecommunication (up 40 percent) also reported continued strong annual growth and ranked top for the professional services segment in August
- Public sector, defence, community (down five percent) was the only industry to report decline in activity in August in a continued response to cutbacks in this sector
Aug
10
Aug
11
Aug
10
Aug
11
Arts, entertainment, sports, leisure
107 113 6% Engineering 119 167 40% Legal 112 117 4% Telecommunication 78 109 40% Banking, finance, insurance 87 88 1% Hospitality and tourism 191 247 29% Public sector, defence, community 85 81 -5%Occupation Year-over-year Trends: All nine occupational groups monitored by the Index in August continued to exhibit positive annual growth.
- Craft and related trades workers (up 48 percent) maintained a steady lead and matched its rate of annual growth in July, followed by Plant and machine operators and assemblers (up 24 percent), suggesting relative stability in underlying demand drivers, mirroring the overarching trends seen in the manufacturing and related sectors
- Managers (up 14 percent) continued to register increased annual growth in August with an increase of two percent on last month´s rate, while Professionals (up 14 percent) grew at a slower than average pace
- Elementary occupations (up 23 percent) edged up among occupational groups, claiming third place among groups by measure of annual growth
Aug
10
Aug
11
Aug
10
Aug
11
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, 13th September at 06:00 CET at: http://aboutmonster.com/employment/index/17.
Data for the month of September 2011 will be released on October 7, 2011.
By Region
RegionAug
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
Y-O-Y
GROWTH
By Industry
IndustryAug
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
Y-O-Y
GROWTH