Monster Employment Index Europe rebounds significantly in February 2008

The Monster Employment Index Europe rose by 26 points in February,
the largest monthly increase since the Index started in 2005, as
online job opportunities grew across the European Union. The UK saw
the largest growth of 32 points while the Netherlands saw the smallest
recovery, of 13 points. Year-on-year the Index had its strongest
growth in more than two years, increasing by 36 points or 28 percent.
The Monster Employment Index Europe is a monthly analysis of millions
of online job opportunities culled from a large, representative
selection of corporate career sites and job boards across Europe,
including Monster.

Most of the monitored sectors showed solid growth, with
Healthcare, social work registering the sharpest increase. In
contrast, the Legal sector saw decline for the second month in a row
as well as from a year earlier. Year-on-year, hospitality and tourism;
and production, manufacturing, maintenance, repair showed the highest
rate of increase, while banking, finance, insurance; and real estate
registered the sharpest declines. Online job availability increased
for all the occupational groups, unlike January, which saw a sharp
seasonal decline overall. Demand grew the most for Service workers and
shop and market sales workers.

"The sharp increase in European online job availability in
February shows not only that the downturn in January was only a
seasonal dip, but also suggests a surprise strengthening in underlying
demand, offering encouraging evidence that employers across Europe
remain in expansion mode," said Andrea Bertone, Regional Director,
Monster Worldwide Europe. "Indeed, although there are indications of a
looming economic slowdown, the EU job market has continued to benefit
from sustained high business confidence and record low unemployment."

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*T
Feb Jan Dec Nov Oct Sep Aug Jul Jun May Apr Mar Feb
08 08 07 07 07 07 07 07 07 07 07 07 07
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165 139 155 155 149 147 143 148 145 143 133 130 129
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*T

Findings for the five countries tracked by the Monster Employment
Index Europe for the past 14 months are as follows:

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*T
Country Feb Jan Dec Nov Oct Sep Aug Jul Jun May Apr Mar Feb
08 08 07 07 07 07 07 07 07 07 07 07 07
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France 167 140 156 157 160 147 154 160 154 143 148 139 155
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Germany 146 125 135 142 136 139 132 132 129 129 121 116 117
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Netherlands 201 188 205 202 204 197 193 197 191 198 191 185 170
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Sweden 209 187 204 191 191 176 165 175 188 183 171 163 157
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United Kingdom 192 160 174 169 160 162 167 165 170 162 141 150 140
----------------------------------------------------------------------
*T

There are also monthly Index reports for France, Germany, The
Netherlands, Sweden and the United Kingdom. These are available at:

http://www.monsterworldwide.com/Press_Room/MEI_EU.asp

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