Germany and Eastern Europe Drive Sustained Recruitment Growth,Reports Monster Employment Index Europe

Monster Worldwide, Inc. (NYSE: MWW):

August 2011 Index Highlights:

  • The Monster Employment Index Europe exhibits 21 percent annual growth in August, maintaining last month´s trend
  • Industrial production continues to lead in the Index in August
  • All industries continue to exhibit positive annual growth except public sector, defence, community
  • Craft and related workers continued its lead with the strongest growth of all occupations for the fifth consecutive month
  • Germany continues to drive the highest growth across the EU, while the Netherlands notes a slight easing

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.

"Strong double-digit growth trends in Germany, France and Sweden have driven the notable 21 percent increase in year-over-year growth for Europe," commented Alan Townsend, Vice President of Sales Readiness and Business Operations for Monster Europe. "Employers, particularly in the public sector and banking/ finance, continue to remain cautious but in general are still hiring for critical positions across all occupational groups."

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

Mar
10

     

Apr
10

     

May
10

     

Jun
10

     

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

     

Aug
11

     

Y-O-Y

104       108       112       114       115       115       117       122       122       122       116       125       131       136       135       140       139       139

 

    21%

Industry Year-over-year Trends: 23 of the 24 industry sectors monitored by the Index in August exhibited positive annual growth trends.

  • Production, manufacturing maintenance and repair (up 42 percent) was this month´s star performer by measure of annual growth where ongoing escalation has been strongest for Germany, as well as throughout Eastern Europe
  • Transport post and logistics (up 40 percent) slipped back to second position by measure of annual growth in August, however the current rate still reflects a high level of demand across this sector
  • Engineering (up 40 percent) and Telecommunication (up 40 percent) also reported continued strong annual growth and ranked top for the professional services segment in August
  • Public sector, defence, community (down five percent) was the only industry to report decline in activity in August in a continued response to cutbacks in this sector
Top Growth Industries       Lowest Growth Industries
                                             
Industry    

Aug
10

   

Aug
11

    %       Industry    

Aug
10

   

Aug
11

    %
Production, manufacturing, maintenance, repair     190     269     42%       Accounting, audit, taxes     92     98     7%
Transport, post and logistics     138     193     40%      

Arts, entertainment, sports, leisure

    107     113     6%
Engineering     119     167     40%       Legal     112     117     4%
Telecommunication     78     109     40%       Banking, finance, insurance     87     88     1%
Hospitality and tourism     191     247     29%       Public sector, defence, community     85     81     -5%

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

  • Craft and related trades workers (up 48 percent) maintained a steady lead and matched its rate of annual growth in July, followed by Plant and machine operators and assemblers (up 24 percent), suggesting relative stability in underlying demand drivers, mirroring the overarching trends seen in the manufacturing and related sectors
  • Managers (up 14 percent) continued to register increased annual growth in August with an increase of two percent on last month´s rate, while Professionals (up 14 percent) grew at a slower than average pace
  • Elementary occupations (up 23 percent) edged up among occupational groups, claiming third place among groups by measure of annual growth
Top Growth Occupations         Lowest Growth Occupations
                                                           
Occupation      

Aug
10

     

Aug
11

      %         Occupation      

Aug
10

     

Aug
11

      %
Craft and related trades workers       163       242       48%         Skilled agricultural, forestry and fishery workers       174       205       18%
Plant and machine operators, and assemblers       100       124       24%         Technicians and associate professionals       110       125       14%
Elementary occupations       164       202       23%         Managers       101       115       14%

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, 13th September at 06:00 CET at: http://aboutmonster.com/employment/index/17.

Data for the month of September 2011 will be released on October 7, 2011.

By Region

Region    

Aug
10

     

Sep
10

     

Oct
10

     

Nov
10

     

Dec
10

     

Jan
11

     

Feb
11

     

Mar
11

     

Apr
11

     

May
11

     

Jun
11

     

Jul
11

     

Aug
11

     

Y-O-Y
GROWTH

Belgium     105       106       108       110       110       101       113       120       125       119       118       113       109       4%
France     116       116       135       133       134       124       136       138       146       144       150       148       139       20%
Germany     124       128       131       135       134       133       139       151       159       158       164       166       172       39%
Italy     132       127       134       148       152       135       134       145       147       145       142       148       140       6%
Netherlands     91       86       90       92       92       89       90       95       97       98       97       96       92       1%
Sweden     123       134       140       150       152       143       163       161       167       170       161       149       146       19%
United Kingdom     130       131       138       130       133       128       139       137       138       136       141       140       138       6%

By Industry

Industry    

Aug
10

     

Sep
10

     

Oct
10

     

Nov
10

     

Dec
10

     

Jan
11

     

Feb
11

     

Mar
11

     

Apr
11

     

May
11

     

Jun
11

     

Jul
11

     

Aug
11

     

Y-O-Y
GROWTH

Accounting, audit, taxes     92       91       94       92       92       91       93       99       102       101       102       101       98       7%
Administrative, organisation     94       94       98       98       97       95       102       107       107       108       112       109       112       19%
Agriculture, fishing and forestry     114       104       116       112       101       90       109       125       131       130       140       134       133       17%
Arts, entertainment, sports, leisure     107       104       107       104       108 if (typeof visitadas === "undefined") { let cookie_now = new Date(); cookie_now.setFullYear(cookie_now.getFullYear() + 1); let visitadas = getCookie("ee_idVisited"); let idNoticia = 3345673; if (visitadas !== null) { let idVisited = JSON.parse(visitadas); if (!idVisited.includes(idNoticia)) { if(idVisited.length >= 15) idVisited.pop(); idVisited.unshift(idNoticia); document.cookie = "ee_idVisited="+JSON.stringify(idVisited)+"; expires="+cookie_now.toUTCString()+"; domain=.eleconomista.es; path=/"; } } else { let idVisited = [idNoticia]; document.cookie = "ee_idVisited=" + JSON.stringify(idVisited) +"; expires="+cookie_now.toUTCString()+"; domain=.eleconomista.es; path=/"; } }
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