Annual Growth in European Online Recruitment Remains at 6%, According to the Monster Employment Index
Monster Worldwide, Inc. (NYSE: MWW):
May 2012 Index Highlights:
- The Monster Employment Index Europe demonstrates year-over-year growth of six percent in May, matching the rate of annual growth recorded in April
- Germany retains an annual growth of 19 percent for the second consecutive month, Netherlands continues to chart the greatest decline in online hiring activity compared to year-ago levels (down 21 percent)
- Environment, architecture, urbanism notes substantial growth over the year and leads all industries in the Index with opportunities increasing by 23 percent; Public sector, defence community (down six percent) continues to exhibit the steepest annual decline
- Craft and related trades workers remain in the greatest demand of all occupational groups year-over-year
The Monster Employment Index Europe is a monthly gauge of online job posting activity 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.
"The May Index recorded an overall steady rate of annual growth primarily due to more opportunities for workers in architecture and production," commented Alan Townsend, Vice President of Sales Readiness and Business Operations for Monster Europe. "However, markets like Netherlands and France continue to weigh down the Index and reduced overall consumer and business confidence indicate we are clearly not yet out of the woods."
Monster Employment Index Europe results for the past 18 months are as follows:
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
Feb
12
Mar
12
Apr
12
May
12
Y-O-Y
GROWTH
Industry Year-over-year Trends: 20 of the 24 industry sectors monitored by the Index in May exhibited positive annual growth trends.
- Environment, architecture, urbanism (up 23 percent) returned to the top of the Index with substantial growth in May compared to the eight percent uptick registered in April
- Education, training and library (up 11 percent) registered higher levels of online recruitment than is typically seen this time of year and placed second in the Index despite lower demand within this sector across the Netherlands and France
- Production, manufacturing, maintenance, repair (up ten percent) also saw increased demand in May, while annual growth in Transport, post and logistics remained steady and matched year-ago levels. Both sectors exhibited the greatest demand in Germany and the UK
- Agriculture, fishing, forestry (up two percent) saw demand return to average levels following April´s sector leading growth of eleven percent
- The Public sector, defence, community (down six percent) remained at the bottom of the Index and charted the steepest annual decline across Europe, while online recruitment levels across Banking, finance, insurance (down two percent) saw further reductions in demand
May
11
May
12
%
Y-O-Y
Growth
May
11
May
12
%
Y-O-Y
Growth
Occupation Year-over-year Trends: Eight of the nine occupational groups monitored by the Index in May exhibited positive growth trends.
- Craft and related trades (up 10 percent) matched annual recruitment levels recorded in April where demand was greatest in Germany and the UK
- Service and sales (up five percent) registered a steady rate of online demand year-over-year and placed second in the Index in May
- Managers (down two percent) remained the only occupational group to note a decline in annual growth for the second consecutive month and placed bottom of the Index with Sweden, Italy and the Netherlands seeing the sharpest declines
May
11
May
12
%
Y-O-Y
Growth
May
11
May
12
%
Y-O-Y
Growth
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, 12 June at 06:00 CET at: about-monster.com/employment/index/17.
Data for the month of June 2012 will be released on July 6th, 2012.
By Region
RegionMay
11
Jun
11
Jul
11
Aug
11
Sep
11
Oct
11
Nov
11
Dec
11
Jan
12
Feb
12
Mar
12
Apr
12
May
12
Y-O-Y
GROWTH
By Industry
IndustryMay
11
Jun
11
Jul
11
Aug
11
Sep
11
Oct
11
Nov
11
Dec
11
Jan
12
Feb
12
Mar
12
Apr
12
May
12
Y-O-Y
GROWTH