Germany Continues to Lead European Online Recruitment, According to the Monster Employment Index

Monster Worldwide, Inc. (NYSE:MWW):

November 2011 Index Highlights:

  • The Monster Employment Index Europe demonstrates a year-over-year growth of 14 percent in November, matching October´s growth rate
  • Germany is the only country to exhibit strong annual growth of 30 percent, followed by improvement in the UK, which records eight percent growth
  • Other countries tracked by the Index, including Belgium, France, Italy, Netherlands and Sweden, have recorded decelerating trends since the summer with Belgium, Italy and Netherlands now exhibiting negative annual growth
  • Engineering remains the star performer of all industries across Europe for the third consecutive month by rate of annual growth
  • Public sector matches last month´s rate of annual decline and remains the most negatively trending sector; Education and Management and consulting also register annual declines on the year

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.

"The MEI exhibits sustained online recruitment activity this month, bolstered by continued strength in Germany. Recruitment patterns are adhering to the downward trends typically observed in the Index for the end-of-year months and there are also growing challenges across the European economy," commented Alan Townsend, Vice President of Sales Readiness and Business Operations for Monster Europe. "Consequently, it is not surprising to see this level of decelerating growth across Europe."

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

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

   

Sep
11

   

Oct
11

   

Nov
11

    Y-O-Y
114     115     115     117     122     122     122     116     125     131     136     135     140     139     139     138     139     139     14%

Industry Year-over-year Trends: 20 of the 24 industry sectors monitored by the Index in November exhibited positive annual growth trends.

  • Engineering (up 32 percent) continued to lead all industries for the third consecutive month, albeit at a slightly reduced rate of growth
  • Transport, post and logistics (up 30 percent) and Production, manufacturing maintenance and repair (up 26 percent) decelerated from levels in October, in-line with a more tempered pace of expansion in manufacturing-related economic activity
  • Telecommunication (up 30 percent) edged up in the industry rankings to claim third position by measure of annual growth, where sector demand was most prevalent across sales and support roles
  • Management and consulting (down three percent) and Education, training, library (down two percent) slipped into negative growth this month to join Public sector (down nine percent). Education was previously positive for every month since August 2010
  • Arts, entertainment, sports, leisure (up six percent) reversed last month´s trend and registered a degree of pick-up in recruitment activity in November. Similarly, Sales (up eight percent) noted elevated activity heading into the final months of 2011
Top Growth Industries       Lowest Growth Industries
                                             
Industry    

Nov
10

   

Nov
11

   

%
Y-O-Y
Growth

      Industry    

Nov
10

   

Nov
11

   

%
Y-O-Y
Growth

Engineering     130     172     32%      

Public sector, defence,
community

    88     80     -9%

Transport, post and
logistics

    150     195     30%      

Management and
consulting

    111     108     -3%
Telecommunication     88     114     30%      

Education, training and
library

    207     202     -2%

Production, manufacturing,
maintenance, repair

    212     267     26%       Legal     118     118     0%
Real estate     100     124     24%       Banking, finance, insurance     85     87     2%

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

  • Craft and related trades (up 35 percent) matched last month´s rate of annual growth, reflecting steady positive conditions for this occupation with demand originating from production and construction
  • In contrast, Plant and machine operators and assemblers (up three percent) registered the most moderate growth, primarily due to reduced recruitment for additional factory floor workers in the production sector
  • Elementary (up 16 percent) and Service and sales workers (up 15 percent) held on to their respective second and third place rankings by measure of annual growth in November
Top Growth Occupations                         Lowest Growth Occupations                  
                                             
Occupation    

Nov
10

   

Nov
11

   

%
Y-O-Y
Growth

      Occupation    

Nov
10

   

Nov
11

   

%
Y-O-Y
Growth

Craft and related trades
workers

    183     247     35%      

Plant and machine
operators, and assemblers

    110     113     3%
Elementary occupations     169     196     16%       Managers     103     108     5%
Service and sales workers     265     304     15%      

Skilled agricultural, forestry
and fishery workers

    172     191     11%

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 December at 06:00 CET at: http://aboutmonster.com/employment/index/17.

Data for the month of December 2011 will be released on January 6, 2011.

By Region

                                                                                     
Region    

Nov
10

   

Dec
10

   

Jan
11

   

Feb
11

   

Mar
11

   

Apr
11

   

May
11

   

Jun
11

   

Jul
11

   

Aug
11

   

Sep
11

   

Oct
11

   

Nov
11

   

Y-O-Y
GROWTH

Belgium     110     110     101     113     120     125     119     118     113     109     102     107     102     -7%
France     133     134     124     136     138     146     144     150     148     139     132     139     136     2%
Germany     135     134     133     139     151     159     158     164     166     172     175     171     175     30%
Italy     148     152     135     134     145     147     145     142     148     140     132     143     146     -1%
Netherlands     92     92     89     90     95     97     98     97     96     92     88     89     86     -7%
Sweden     150     152     143     163     161     167     170     161     149     146     149     148     150     0%
United Kingdom     130     133     128     139     137     138     136     141     140     138     135     140     140     8%
                                                                                     

By Industry

                                                                                     
Industry    

Nov
10

   

Dec
10

   

Jan
11

   

Feb
11

   

Mar
11

   

Apr
11

   

May
11

   

Jun
11

   

Jul
11

   

Aug
11

   

Sep
11

   

Oct
11

   

Nov
11

   

Y-O-Y
GROWTH

Accounting, audit, taxes     92     92     91     93     99     102     101     102     101     98     97     99     99     8%
Administrative, organisation     98     97     95     102     107     107     108     112     109     112     110     111     111     13%
Agriculture, fishing and forestry     112     101     90     109     125     131     130     140     134     133     130     124     123     10%
Arts, entertainment, sports, leisure     104     108     105     106     111     112     113     119     116     113     107     108     110     6%
Automotive     113     109     101     113     117     122     125     135     126     132     128     124     124     10%
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