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Monster Employment Index Europe Shows Moderate Rise in March 2008


    March 2008 Index Highlights:

    • Index rises five points in March, leaving online job availability 31 percent higher than a year ago and indicating continued robust employer demand for labour across the European Union
    • Production, manufacturing, maintenance, repair; and environment, architecture and urbanism register the largest increases in online recruitment both month–to–month and year–on–year
    • Opportunities in the real estate; and banking, finance, insurance sectors remain well below levels from last year
    • Demand picks up for all occupational groups in March except skilled agricultural and fishery workers
    • Italy shows the strongest monthly increase, while France notes the sharpest decline
    • Year–on–year Germany emerges as the top growth market for the first time on record while only Belgium reports a decrease in offerings.

    "EU online recruitment activity picked up further pace in March, driven primarily by strong demand for technically skilled workers in areas such as architecture, engineering and manufacturing," said Hugo Sellert, Head of Economic Research, Monster Worldwide. "The underlying strengthening in demand has by and large been fuelled by Germany, Europe´s largest economy, whose job market appears to have been gaining momentum in spite of concerns about slowing economic growth."

    "Unemployment rates across the European Union have continued falling largely because employment is growing at a higher pace than the workforce," added Sellert. "The tightening labour market has resulted in ever more challenging recruitment conditions and the scarcity of qualified workers is likely adding to the availability of unfilled jobs."

    Mar 08   Feb 08   Jan 08   Dec 07   Nov 07   Oct 07   Sep 07   Aug 07   Jul 07   Jun 07   May 07   Apr 07   Mar 07 170   165   139   155   155   149   147   143   148   145   143   133   130

    Findings for the key countries tracked by the Monster Employment Index Europe for the past 13 months are as follows:

    Country   Mar

    08

      Feb

    08

      Jan

    08

      Dec

    07

      Nov

    07

      Oct 07   Sep 07   Aug

    07

      Jul 07   Jun 07   May 07   Apr 07   Mar 07 Belgium   134   133   118   127   125   127   136   133   133   135   135   140   139 France   160   167   140   156   157   160   147   154   160   154   143   148   139 Germany   148   146   125   135   142   136   139   132   132   129   129   121   116 Italy   172   155   143   158   153   143   144   145   158   146   150   150   142 Netherlands   210   201   188   205   202   204   197   193   197   191   198   191   185 Sweden   206   209   187   204   191   191   176   165   175   188   183   171   163 United Kingdom   187   192   160   174   169   160   162   167   165   170   162   141   150

    Monthly Index reports for Belgium, France, Germany, Italy, the Netherlands, Sweden, the United Kingdom and Europe are available at:

    http://corporate.monster.com/Press_Room/MEI_EU.asp