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European Online Recruitment Registers Annual Growth of 8%, According to the Monster Employment Index

NEW YORK–(BUSINESS WIRE)–Apr. 6, 2012– Monster Worldwide, Inc. (NYSE: MWW):

March 2012 Index Highlights:

  • The Monster Employment Index Europe demonstrates a year-over-year growth of eight percent in March, compared to the ten percent registered in February
  • Germany continues to register double digit annual growth at 23 percent, albeit at a decelerated pace compared to the 28 percent growth in February
  • While UK and Sweden demonstrate improved growth year-over-year at 8 percent and 2 percent respectively, Belgium (down 12 percent) and The Netherlands (down 20 percent) further decelerate into negative category
  • Telecommunication matches Environment, architecture, urbanism by measure of annual growth to lead all industries in March. Public sector, defence, community (down 11 percent), tracks the largest annual decline in online recruitment activity
  • IT registers increased annual growth in March with notable upward momentum amongst the professional services segment

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

„While overall online recruitment remains positive with the Index exhibiting both month-over-month and annual growth, this is combated by a broader deceleration across key markets and industries.“ commented Alan Townsend, Vice President of Sales Readiness and Business Operations for Monster Europe. „However, from an occupational standpoint, growth remains strong across the technical and associate level positions, which suggests a hiring of support workers to meet the more immediate business needs.“

 

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

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
Dec
11
Jan
12
Feb
12
Mar
12
Y-O-Y
GROWTH
122 122 122 116 125 131 136 135 140 139 139 138 139 139 136 127 138 142 8%

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

  • Telecommunication (up 19 percent) matched Environment, architecture and urbanism (up 19 percent) by measure of annual growth, where recruitment opportunities for Telecommunication were strongest across sales, operations, and technical positions
  • Engineering (up 14 percent), previously a leading sector in the Index, registered a further downshift in annual growth pace and placed third this month
  • Education, training and library (up 11 percent) demonstrated notable annual growth in March and placed fourth, unexpected given the season
  • Of all the professional service sectors, IT (up nine percent) was the only industry to register further growth in online recruitment year-over-year
  • Public sector, defence, community (down 11 percent) registered a further reduction in online recruitment activity compared to a year ago and was joined by Legal (down one percent) and Management and consulting (down one percent) as the only other industries to register annual declines
Top Growth Industries Lowest Growth Industries
Industry Mar
11
Mar
12
%
Y-O-Y
Growth
Industry Mar
11
Mar
12
%
Y-O-Y
Growth
Telecommunication 99 118 19% Marketing, PR and media 144 146 1%
Environment, architecture and urbanism 95 113 19% Banking, finance, insurance 88 88 0%
Engineering 152 173 14% Legal 121 120 -1%
Education, training and library 200 221 11% Management and consulting 113 112 -1%
Production, manufacturing, maintenance, repair 238 262 10% Public sector, defence, community 87 77 -11%

Occupation Year-over-year Trends: All nine occupational groups monitored by the Index in March continued to exhibit positive growth trends for the third consecutive month.

  • Craft and related trades (up 15 percent) maintained its lead in the Index despite a further reduction in its rate of annual growth, a trend mirrored across the production and construction sectors
  • Technicians and associate professionals (up ten percent) maintained second place position in the Index for the second consecutive month, despite a slightly moderated rate of annual growth
  • Elementary (up one percent) noted a significant reduction in online recruitment activity compared to a year ago, placing second from bottom in the Index
Top Growth Occupations Lowest Growth Occupations
Occupation Mar
11
Mar
12
%
Y-O-Y
Growth
Occupation Mar
11
Mar
12
%
Y-O-Y
Growth
Craft and related trades workers 206 236 15% Plant and machine operators, and assemblers 119 126 6%
Technicians and associate professionals 122 134 10% Elementary occupations 178 180 1%
Skilled agricultural, forestry and fishery workers 189 206 9% Managers 115 116 1%

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, 10 April at 06:00 CET at: http://aboutmonster.com/employment/index/17.

Data for the month of April 2012 will be released on May 4, 2012.

By Region

Region Mar
11
Apr
11
May
11
Jun
11
Jul
11
Aug
11
Sep
11
Oct
11
Nov
11
Dec
11
Jan
12
Feb
12
Mar
12
Y-O-Y
GROWTH
Belgium 120 125 119 118 113 109 102 107 102 101 98 107 106 -12%
France 138 146 144 150 148 139 132 139 136 132 123 130 134 -3%
Germany 151 159 158 164 166 172 175 171 175 177 173 178 185 23%
Italy 145 147 145 142 148 140 132 143 146 141 128 137 143 -1%
Netherlands 95 97 98 97 96 92 88 89 86 86 81 81 76 -20%
Sweden 161 167 170 161 149 146 149 148 150 158 143 154 165 2%
United Kingdom 137 138 136 141 140 138 135 140 140 141 129 145 148 8%

By Industry

Industry Mar
11
Apr
11
May
11
Jun
11
Jul
11
Aug
11
Sep
11
Oct
11
Nov
11
Dec
11
Jan
12
Feb
12
Mar
12
Y-O-Y
GROWTH
Accounting, audit, taxes 99 102 101 102 101 98 97 99 99 98 93 100 101 2%
Administrative, organisation 107 107 108 112 109 112 110 111 111 111 104 112 113 6%
Agriculture, fishing and forestry 125 131 130 140 134 133 130 124 123 117 104 121 133 6%
Arts, entertainment, sports, leisure 111 112 113 119 116 113 107 108 110 109 102 110 114 3%
Automotive 117 122 125 135 126 132 128 124 124 114 109 127 128 9%
Banking, finance, insurance 88 91 88 86 89 88 86 87 87 87 82 86 88 0%
Construction and extraction 129 134 135 141 140 144 142 138 137 130 122 132 136 5%
Education, training and library 200 215 218 233 218 208 191 205 202 218 191 214 221 11%
Engineering 152 163 157 161 164 167 168 170 172 172 158 169 173 14%
Environment, architecture and urbanism 95 102 96 103 102 102 101 102 103 107 100 111 113 19%
Healthcare, social work 635 628 623 640 633 624 625 594 628 613 573 635 653 3%
Hospitality and tourism 243 257 257 256 244 247 256 252 251 238 221 242 251 3%
HR 93 95 95 96 95 95 94 94 94 94 91 96 97 4%
IT 100 101 100 104 103 101 99 101 103 102 97 105 109 9%
Legal 121 121 118 119 117 117 114 116 118 112 111 117 120 -1%
Management and consulting 113 115 111 115 114 114 112 110 108 104 97 106 112 -1%
Marketing, PR and media 144 149 143 149 147 148 143 146 143 139 129 144 146 1%
Production, manufacturing, maintenance, repair 238 251 248 259 264 269 271 270 267 259 243 253 262 10%
Public sector, defence, community 87 84 82 83 81 81 80 81 80 75 75 77 77 -11%
Real estate 122 130 126 123 121 120 118 125 124 121 121 123 128 5%
Research and development 118 122 121 123 121 120 119 119 119 117 113 121 123 4%
Sales 107 108 107 112 110 109 108 111 111 107 102 110 110 3%
Telecommunications 99 112 113 102 105 109 109 114 114 109 102 114 118 19%
Transport, post and logistics 162 176 182 190 195 193 195 196 195 192 169 173 176 9%

By Occupation

Occupation Mar
11
Apr
11
May
11
Jun
11
Jul
11
Aug
11
Sep
11
Oct
11
Nov
11
Dec
11
Jan
12
Feb
12
Mar
12
Y-O-Y
GROWTH
Managers 115 117 113 118 118 115 111 113 108 112 101 114 116 1%
Professionals 131 136 133 137 137 136 134 135 136 133 124 135 139 6%
Technicians and associate professionals 122 123 126 127 124 125 124 126 127 125 118 131 134 10%
Clerical support workers 138 142 143 146 144 147 143 145 144 144 132 147 149 8%
Service and sales workers 286 301 298 311 300 297 303 303 304 288 265 298 307 7%
Skilled agricultural, forestry and fishery workers 189 200 196 220 208 205 203 194 191 184 160 185 206 9%
Craft and related workers 206 220 221 230 236 242 246 245 247 238 222 231 236 15%
Plant and machine operators, and assemblers 119 124 122 129 125 124 122 122 113 116 107 120 126 6%
Elementary occupations 178 187 180 194 195 202 203 195 196 182 175 180 180 1%

About The Monster Employment Index Europe

The Monster Employment Index Europe provides monthly insight into online job posting activity across the European Union. Launched in June 2005 with data from December 2004, the Index is based on a review of millions of employer job opportunities culled from a large, representative selection of corporate career sites and job boards, including Monster. The Monster Employment Index’s underlying data is validated for accuracy by Research America, Inc. – an independent, third-party auditing firm – to ensure that measured national online job recruitment activity is within a margin of error of +/- 1.05%.

The Index monitors online job opportunities across all European Union member countries.

The monthly reports for Belgium, France, Germany, Italy, the Netherlands, Sweden, the United Kingdom and Europe are available at: http://about-monster.com/employment/index/17.

About Monster Worldwide

Monster Worldwide, Inc. (NYSE: MWW – News), parent company of Monster, the premier global online employment solution for more than a decade, strives to inspire people to improve their lives. With a local presence in key markets in North America, Europe, and Asia, Monster works for everyone by connecting employers with quality job seekers at all levels and by providing personalized career advice to consumers globally. Through online media sites and services, Monster delivers vast, highly targeted audiences to advertisers. To learn more about Monster’s industry-leading products and services, visit http://www.monster.com. More information about Monster Worldwide is available at http://about-monster.com.

Special Note: Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995: Except for historical information contained herein, the statements made in this release constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements involve certain risks and uncertainties, including statements regarding Monster Worldwide, Inc.’s strategic direction, prospects and future results. Certain factors, including factors outside of Monster Worldwide’s control, may cause actual results to differ materially from those contained in the forward- looking statements, including economic and other conditions in the markets in which Monster Worldwide operates, risks associated with acquisitions, competition and the other risks discussed in Monster Worldwide’s Form 10-K and other filings made with the Securities and Exchange Commission, which discussions are incorporated in this release by reference.

Source: Monster Worldwide

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