Growth in European Online Recruitment at 1%, According to the Monster Employment Index
Monster Worldwide, Inc. (NYSE: MWW):
June 2012 Index Highlights:
- The Monster Employment Index Europe demonstrates one percent growth year-over-year in June, a marked decline on last month´s six percent rise
- Germany continues to lead all regions by measure of annual growth at 11 percent, albeit at a reduced pace from May (19 percent). Italy reports growth at two percent, returning to levels last seen in February, and the UK matches its rate of growth recorded a year ago
- The Netherlands, France, Belgium and Sweden all report reduced demand in online recruitment activity year-over-year
- Environment, architecture, urbanism (up 17 percent) demonstrates the strongest annual growth of all industries for the second consecutive month, while opportunities in Engineering remain steady at six percent
- Arts, entertainment, sports, leisure and the Public sector both place bottom of the Index with matched rates of annual decline in online recruitment activity
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 marked reduction in online recruitment recorded in June´s Index is unsurprising considering the current uncertainty of the wider economy," commented Alan Townsend, Vice President of Sales Readiness and Business Operations for Monster Europe. "However, while recruitment demand is generally muted, over a third of industries continue to report annual growth, with a variety of opportunities across sectors including architectural, telecommunication and education."
Monster Employment Index Europe results for the past 18 months are as follows:
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
Jun
12
Y-O-Y
GROWTH
Industry Year-over-year Trends: Nine of the 24 industry sectors monitored by the Index in June exhibited positive annual growth trends.
- Environment, architecture and urbanism (up 17 percent) demonstrated the greatest growth year-over-year for the second consecutive month, extending an upward trend that began in September 2010
- Telecommunication (up 13 percent) registered significant growth in June following May´s two percent increase and placed second in the Index overtaking Education, training and library (up nine percent) which prolonged its upward growth for the fifth consecutive month
- The Engineering sector (up six percent) exhibited steady growth in annual online recruitment where the UK, Germany and Italy reported the highest opportunities across this sector
- The Sales sector (down four percent) saw a decline in online recruitment demand for the first time since February 2010, with reductions greatest across the Netherlands and France
- Public sector, defence, community and Arts, entertainment, sports leisure (both down five percent) placed bottom of the Index with the lowest demand
Jun
11
Jun
12
%
Y-O-Y
Growth
Jun
11
Jun
12
%
Y-O-Y
Growth
Occupation Year-over-year Trends: Five of the nine occupational groups monitored by the Index in June exhibited positive growth trends.
- Craft and related trades workers (up four percent) continued to demonstrate the greatest opportunities for online recruitment, where this sector has exhibited high demand for the past 26 months
- Online demand for Technicians and associate professionals (up three percent) was at its slowest pace since April 2010, although still placed second in June´s Index
- Following 34 months of annual growth, online demand declined in June for Skilled agricultural, forestry and fishery workers (down eight percent) while Elementary occupations (down three percent) also noted reduced demand in June following last month´s growth of five percent
Jun
11
Jun
12
%
Y-O-Y
Growth
Jun
11
Jun
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, 10 July at 06:00 CET at: about-monster.com/employment/index/17.
Data for the month of July 2012 will be released on August 14th, 2012.
By Region
RegionJun
11
Jul
11
Aug
11
Sep
11
Oct
11
Nov
11
Dec
11
Jan
12
Feb
12
Mar
12
Apr
12
May
12
Jun
12
Y-O-Y
GROWTH
By Industry
IndustryJun
11
Jul
11
Aug
11
Sep
11
Oct
11
Nov
11
Dec
11
Jan
12
Feb
12
Mar
12
Apr
12
May
12
Jun
12
Y-O-Y
GROWTH