Monster Employment Index Europe:
-- Four of Five Major European Economies See Greater Online
Demand for Workers, while Germany Remains Flat
-- UK Shows Strongest Spike, Rebounding from Three-month Downward
Trend
-- Opportunities for White Collar Workers Register Highest Rate
of Growth across the Five Countries in June
The Monster Employment Index Europe rose sharply in June,
increasing five points to a new all-time-high of 121 points and
thereby ending a four-month period of relatively flat activity. The
Index has now risen a full 15 points in the first half of 2006,
demonstrating continued strength in online hiring activity across the
five countries tracked. Year-on-year growth of the Index now stands at
17 points, or 16 percent.
The full Monster Employment Index Europe report is available
online at http://euindex.monsterworldwide.com. Visitors can subscribe
to receive the European Index report, as well as any or all of the
five country-specific Index reports on a monthly basis via email.
Monster Employment Index Europe data for July will be released on
August 8, 2006.
Four of the five European countries tracked by the Index saw solid
to significant increases in online job demand last month. Germany was
the only country that remained unchanged at 115, its highest level
since the inception of the Index. The United Kingdom registered the
highest rate of growth last month, surging 17 points to 125, just
three points shy of its highest level to-date, which was recorded in
February 2006. Sweden saw online job demand jump 12 points to a new
high amid continued positive economic growth. Online hiring activity
in France also rose sharply, gaining seven points, while The
Netherlands continued to show steady growth of four points in June
2006.
Nearly all sectors tracked by the Index registered higher online
recruitment activity in June. Two key industry sectors that saw
significant growth last month were public sector, defence and
community; and education, training and library, both of which jumped
seven points. Online recruitment activity in the banking, finance and
insurance sector remained unchanged, while the telecommunications;
arts, entertainment, sports and leisure; and agriculture fishing and
forestry sectors all registered declines of varying degrees.
White collar workers reported higher online labour demand across
the five countries, with legislators, senior officials and managers
and professionals experiencing significant increases in online
opportunities.
Monster Employment Index Europe results for the past 14 months are
as follows:
-0-
*T
Jun May Apr Mar Feb Jan Dec Nov Oct Sep Aug Jul Jun May
06 06 06 06 06 06 05 05 05 05 05 05 05 05
----------------------------------------------------------------------
121 116 116 117 116 106 112 111 112 107 106 106 104 100
----------------------------------------------------------------------
*T
Findings for the five countries tracked by the Monster Employment
Index Europe for the past 14 months are as follows:
-0-
*T
Country Jun May Apr Mar Feb Jan Dec Nov Oct Sep Aug Jul Jun May
06 06 06 06 06 06 05 05 05 05 05 05 05 05
------------- --------------------------------------------------------
France 126 119 123 118 122 107 112 110 111 91 99 114 105 106
------------- --------------------------------------------------------
Germany 115 115 112 113 109 106 109 111 112 111 108 104 103 99
------------- --------------------------------------------------------
Netherlands 159 155 148 136 126 116 119 113 111 105 105 109 103 102
------------- --------------------------------------------------------
Sweden 129 117 119 117 111 116 109 101 100 97 86 97 111 114
------------- --------------------------------------------------------
United
Kingdom 125 108 115 120 128 101 118 108 108 100 102 108 105 102
------------- --------------------------------------------------------
*T
Launched in June 2005 with data collected since December 2004, the
Monster Employment Index Europe is compiled by Monster Worldwide,
parent company of leading global online careers and recruitment
resource, Monster(R). The Index was established to provide European
labour market watchers with a valuable monthly snapshot of online
recruitment activity based on the researching of millions of employer
postings across more than 1,400 Web sites. In addition to providing an
analysis of European online job demand, the Index offers a sub-index
by occupation, including data on nine occupational categories in five
countries: France, Germany, the Netherlands, Sweden, and the United
Kingdom. The Index is independently audited by ARC Research, a
U.S.-based market research company, to ensure the accuracy of the data
within a margin of error of +/- 1.05%. The Monster Employment Index
debuted in the U.S. in April 2004.
