Monster Employment Index Europe Declines 2% Year-Over-Year
Monster Worldwide, Inc. (NYSE: MWW):
September 2012 Index Highlights:
- Year-over-year the Monster Employment Index Europe exhibits a slightly steeper rate of reduction in online recruitment in September compared to August, with demand down two percent
- Germany continues to decelerate but remains in the positive growth territory of three percent in September and is closely followed by Belgium (up two percent) and the UK (up one percent)
- All other regions monitored by the Index report decline with France and Netherlands recording double-digit reduction in annual growth
- Environment, architecture and urbanism (up 22 percent) notes the greatest annual growth for the fifth consecutive month and significantly outperforms all other industries while Construction (down six percent) sees the greatest decline
- Elementary occupations (down 15 percent) exhibits significant reductions for the fourth consecutive month and places bottom of the Index
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.
"As the ongoing crisis of the Eurozone continues to undermine business confidence, the impact to employer recruitment activity remains clear as the Index registers an overall decline in annual online recruitment for the second consecutive month," commented Alan Townsend, Senior Vice President of Sales Readiness and Business Operations for Monster Europe. "Following the latest OECD economic assessment showing key Eurozone countries entering recession, we would expect online hiring to remain tempered. Despite this, it is encouraging to see critical categories for future economic growth like Engineering and IT growing year-over-year."
Monster Employment Index Europe results for the past 18 months are as follows:
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
Jul
12
Aug
12
Sep
12
Y-O-Y
GROWTH
Industry Year-over-year Trends: Seven of the 24 industry sectors monitored by the Index in September exhibited positive annual growth trends.
- Environment, architecture and urbanism (up 22 percent) significantly outperformed all other sectors and placed top of the Index by measure of annual growth for the fifth consecutive month; growth was particularly strong across Belgium and France
- Education, training, library (up ten percent) continued to see growth in September, albeit at a slightly moderated rate compared to August´s 11 percent
- Online recruitment opportunities across Agriculture, fishing, forestry (down five percent) continued to decline compared to year-ago levels and saw the sharpest reduction since November 2009
- Production, manufacturing, maintenance, repair (down five percent) demonstrated reduced annual demand in September for the second consecutive month; of the larger European markets, Sweden and the UK charted the steepest declines
- Construction and extraction (down six percent) saw the greatest reductions in online recruitment of all industries year-over-year
Industry
Sept
11
Sept
12
%
Y-O-Y
Growth
Industry
Sept
11
Sept
12
%
Y-O-Y
Growth
Administrative, organisation 110 105 -5% Education, training and library 191 210 10%
Transport, post and logistics 195 185 -5% Real estate 118 126 7%
Production, manufacturing, maintenance, repair 271 257 -5% IT 99 101 2%
Agriculture, fishing, forestry 130 123 -5% Engineering 168 171 2%
Construction and extraction 142 133 -6%
Occupation Year-over-year Trends: Two of the nine occupational groups monitored by the Index in September exhibited positive growth trends.
- Despite charting its mildest increase of the year, Technicians and associate professionals (up two percent) led all regions by measure of annual growth
- Skilled agricultural, forestry and fishery workers (down nine percent) continued to register decline for the fourth consecutive month, exhibiting its lowest level since February 2009
- Managers (down one percent) noted an uptick in hiring levels in September and was close to matching levels recorded a year ago, following previous months of significant decline
- Opportunities across Elementary occupations (down 15 percent) saw significant reductions year-over-year and remained bottom of the Index for the second consecutive month
Occupation
Sept
11
Sept
12
%
Y-O-Y
Growth
Occupation
Sept
11
Sept
12
%
Y-O-Y
Growth
Service and sales workers 303 290 -4% Plant and machine operators, and assemblers 122 123 1%
Skilled agricultural, forestry and fishery workers 203 185 -9% Professionals 134 134 0%
Elementary occupations 203 172 -15%
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, 9 October at 06:00 CET at: about-monster.com/employment/index/17.
Data for the month of October 2012 will be released on November 2nd, 2012.
By Region
Region
Sep
11
Oct
11
Nov
11
Dec
11
Jan
12
Feb
12
Mar
12
Apr
12
May
12
Jun
12
Jul
12
Aug
12
Sep
12
Y-O-Y
GROWTH
By Industry
Industry
Sep
11
Oct
11
Nov
11
Dec
11
Jan
12
Feb
12
Mar
12
Apr
12
May
12
Jun
12
Jul
12
Aug
12
Sep
12
Y-O-Y
GROWTH