Monster Employment Index Europe Declines 4% Year-Over-Year
November 2012 Index Highlights:
- The Monster Employment Index Europe reports a fourth consecutive month of annual decline, recording a four percent decrease in online hiring over the year in November
- Belgium and the United Kingdom are the only two regions to report annual growth, both up one percent. All other regions report reduced online recruitment activity compared to year-ago levels
- Germany continues to decelerate, recording an annual decline of five percent from a positive growth rate of two percent in October
- Environment, architecture, urbanism records a seventh consecutive month as the top performing industry year-over-year while Transport, post, logistics reports the sharpest reductions for the second consecutive month
- Managers (up five percent) sees the greatest increase in demand year-over-year of all occupations
- Elementary occupations (down 16 percent) continues to report the weakest rates of annual growth for the sixth consecutive month
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 wider European economy continues to struggle, hiring remains cautious and even Germany is feeling the effect, charting an annual decline for the first time in 31 months," commented Alan Townsend, Senior Vice President of Sales Readiness and Business Operations for Monster Europe. "However, we continue to see pockets of resilience in recruitment across industries including healthcare and engineering and it´s also encouraging to see the UK enter into its fourth month of positive growth."
Monster Employment Index Europe results for the past 18 months are as follows:
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
Oct
12
Nov
12
Y-O-Y
GROWTH
138
135 135 133 -4%
Industry Year-over-year Trends: Five of the 24 industry sectors monitored by the Index in November exhibited positive annual growth trends.
- Environment, architecture and urbanism (up 23 percent) continued to report the greatest increase in online recruitment of all industries in November and registered a seventh consecutive month at the top of the Index
- Education, training, library (up 15 percent) retained its second place position in the Index and reported its tenth successive month of growth, with the strongest demand seen across Belgium, Sweden and the UK
- Year-over-year, Production, manufacturing, maintenance, repair (down 11 percent), extended a downward trend that began in August
- Arts, entertainment, sports, leisure (down eight percent) registered reduced demand compared to the same time last year, and recruitment levels were down across all the major markets in Europe
- For the second consecutive month Transport, post and logistics (down 12 percent) recorded the most significant reductions in online recruitment activity compared to year-ago levels
Industry Nov
12
Nov12
%
Y-O-Y
Growth
Industry Nov
12
Nov12
%
Y-O-Y
Growth
HR 94 87 -7% Education, training and library 202 233 15%
Arts, entertainment, sports, leisure 110 101 -8% Management and consulting 108 112 4%
Production, manufacturing, maintenance, repair 267 237 -11% Healthcare, social work 628 639 2%
Telecommunication 114 101 -11% Engineering 172 173 1%
Transport, post and logistics 195 171 -12%
Occupation Year-over-year Trends: Two of the nine occupational groups monitored by the Index in November exhibited positive growth trends.
- Following seven months of annual decline Managers (up five percent) noted revived demand in online recruitment activity compared to the same time last year and placed top of the Index
- Online demand for Craft and related trades workers (down 11 percent) extended a downward trend in November for a third successive month and charted the steepest reduction since March 2010
- Elementary occupations (down 16 percent) continued to exhibit the weakest demand of the occupational groups, reporting its lowest levels of hiring activity since December 2009; however, Italy, Sweden and the UK noted some annual gains
Occupation Nov
11
Nov12
%
Y-O-Y
Growth
Occupation Nov
11
Nov12
%
Y-O-Y
Growth
Service and sales workers 304 284 -7% Plant and machine operators, and assemblers 113 117 4%
Craft and related trades workers 247 219 -11% Professionals 136 135 -1%
Elementary occupations 196 164 -16%
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, 13 November at 06:00 CET at: about-monster.com/employment/index/17.
Data for the month of December 2012 will be released on January 4th, 2012.
By Region
Region
Nov
11
Dec
11
Jan
12
Feb
12
Mar
12
Apr
12
May
12
Jun
12
Jul
12
Aug
12
Sep
12
Oct
12
Nov
12
Y-O-Y
GROWTH
By Industry
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Industry  Â
Nov
11
Dec
11
Jan
12
Feb
12
Mar
12
Apr
12
May
12
Jun
12
Jul
12
Aug
12
Sep
12
Oct
12
Nov
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Y-O-Y
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