European Online Recruitment Grows 21% Year-over-Year, Reports Monster Employment Index Europe

Monster Worldwide, Inc. (NYSE: MWW):

July 2011 Index Highlights:

• The Monster Employment Index Europe demonstrates 21 percent annual growth in July
• Industrial production and related sectors complete a sixth consecutive month at the top with the strongest growth of all industries
• Telecommunication remains a strong performer in July, moving to fourth position by measure of annual growth in the Index
• Public sector and the arts remain in annual decline although the arts experiences a slight easing on its rate of decline
• Growth takes place across all EU countries monitored by the Index in July, with Germany continuing to lead with 36 percent

The Monster Employment Index Europe is a monthly gauge of online job demand 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.

"Annual growth in Industrial production remain a key contributor to overall growth in online recruitment across the Continent, leading for the last six months in the Index as sector employers have continued to ramp up their efforts," commented Alan Townsend, Vice President of Sales Readiness and Business Operations for Monster Europe. "While government cuts continue to impact the arts and public sectors, private sector opportunities are increasingly diversified, with strengthening growth trends in creative areas like marketing, an encouraging sign."

Monster Employment Index Europe results for the past 18 months are as follows:

Industry Year-over-year Trends: 22 of the 24 industry sectors monitored by the Index in July exhibited positive annual growth trends.

• Transport, post and logistics (up 43 percent) was the top growth sector in July and remained the star performer in the Index, closely followed by Production, manufacturing, maintenance and repair (up 41 percent)
• Engineering (up 40 percent) and Telecommunication (up 35 percent) remained the top performers of the professional services sector with Telecommunication registering a notable improvement on last month´s 29 percent
• Banking, Finance, Insurance (up two percent) swung back into a state of positive annual growth, albeit at a modest rate. Legal (up three percent) also registered a positive annual growth rate, reflecting moderate improvement across primarily white-collar job functions in finance and professional services
• Public sector, defence, community (down six percent) registered the steepest annual decline in July´s Index, continuing to exhibit the impact of ongoing government cuts to this sector
• Arts, Entertainment, Sports, Leisure (down four percent) was the only private-sector industry to exhibit ongoing decline, although the rate of decline has eased slightly from last month

Occupation Year-over-year Trends: All nine occupational groups monitored by the Index in July continued to exhibit positive annual growth.

• Craft and related trades workers (up 48 percent) maintained its lead in annual growth for the third consecutive month, with a growth rate closer to the Index-wide average in July than in prior months, suggesting other occupations are contributing more to the overall upward direction of the Index
• Managers (up 12 percent) gained some growth momentum in July, while Professionals (up 20 percent) continued to grow at a near-average pace
• Service and sales workers (up 22 percent) edged up among occupational groups, claiming third place among groups by measure of annual 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, 9^th August at 06:00 CET at: http://aboutmonster.com/employment/index/17.

Data for the month of August 2011 will be released on September 2, 2011.

By Industry
Industry				Jul 10		Aug 10		Sep 10		Oct 10		Nov 10		Dec 10		Jan 11		Feb 11		Mar 11		Apr 11		May 11		Jun 11		Jul 11		Y-O-Y GROWTH
Accounting, audit, taxes				90		92		91		94		92		92		91		93		99		102		101		102		101		12%
Administrative, organisation				96		94		94		98		98		97		95		102		107		107		108		112		109		14%
Agriculture, fishing and forestry				116		114		104		116		112		101		90		109		125		131		130		140		134		16%
Arts, entertainment, sports, leisure				121		107		104		107		104		108		105		106		111		112		113		119		116		-4%
Automotive				118		117		106		107		113		109		101		113		117		122		125		135		126		7%
Banking, finance, insurance				87		87		85		87		85		84		80		83		88		91		88		86		89		2%
Construction and extraction				124		125		126		126		126		122		113		122		129		134		135		141		140		13%
Education, training and library				192		180		183		199		207		215		192		211		200		215		218		233		218		14%
Engineering				117		119		122		128		130		134		130		143		152		163		157		161		164		40%
Environment, architecture and urbanism				88		87		97		95		99		98		91		93		95		102		96		103		102		16%
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