Monster Employment Index Europe Declines 3% Year-Over-Year

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Monster Employment Index Europe Declines 3% Year-Over-Year

NEW YORK--(BUSINESS WIRE)-- Monster Worldwide, Inc. (NYS: MWW) :

October 2012 Index Highlights:

  • The Monster Employment Index Europe reports a third consecutive month of annual decline, recording a three percent decline in October, the sharpest rate of reduction seen since April 2010
  • Germany continues to report decelerating trends but still records two percent annual growth followed by Belgium and the United Kingdom (both up one percent)
  • Environment, architecture and urbanism sees its sixth month of consecutive growth and outpaces all industries while Transport, post and logistics reports the greatest decline
  • Online recruitment across Education, training, library (up ten percent) remains strong in October, prolonging an eight month growth trend and ranking second among the industries
  • Elementary occupations (down 15 percent) reports continued reductions in annual online recruitment and places bottom of all occupations measured by the Index

TheMonster Employment IndexEurope 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.

"It is clear the broader economic uncertainties are impacting hiring activity, as reflected by the three percent decline in October's Index -- a rate of reduction not seen since April 2010," commented Alan Townsend, Senior Vice President of Sales Readiness and Business Operations for Monster Europe. "According to the latest OECD figures, larger markets in the EU are now reporting recession, and even Germany which has been the star performer in the Index, has been experiencing a slow-down in hiring levels. However, we also see pockets of resilient demand across key sectors such as Education, Healthcare and Production, which all exhibit growth year-over-year."

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

May
11

  

Jun
11

  

Jul
11

  

Aug
11

  

Sep
11

  

Oct
11

  

Nov
11

  

Dec
11

  

Jan
12

  

Feb
12

  

Mar
12

  

Apr
12

  

May
12

  

Jun
12

  

Jul
12

  

Aug
12

  

Sep
12

  

Oct
12

  

Y-O-Y
GROWTH

135  140  139  139  138  139  139  136  127  138  142  144  143  142  142  138  135  135  -3%

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

  • Environment, architecture and urbanism (up 24 percent) reported significant growth compared to the same time last year and placed top of the Index for the sixth consecutive month with Belgium and France contributing significantly to this growth
  • Education, training, library (up ten percent) continued its long-term growth trend which began in February and matched its rate of annual growth recorded in September
  • Healthcare, social work (up seven percent) bounced back in October with France and the UK reporting the most significant growth
  • By contrast, Production, manufacturing, maintenance, repair (down eight percent) saw the sharpest decline in online recruitment since April 2010; demand softened most significantly across the Netherlands and Italy
  • Transport, post, logistics (down nine percent) continued to report online recruitment losses reaching levels not seen since March 2010. Most of the larger markets saw fewer opportunities with the exception of the UK
Top Growth Industries  Lowest Growth Industries
                    
Industry  

Oct
11

  

Oct
12

  

%
Y-O-Y
Growth

Industry  

Oct
11

  

Oct
12

  

%
Y-O-Y
Growth

Environment, architecture and urbanism  102  126  24%Construction and extraction  138  131  -5%
Education, training and library  205  226  10%HR  94  89  -5%
Healthcare, social work  594  637  7%Telecommunication  114  106  -7%
IT  101  104  3%Production, manufacturing, maintenance, repair  270  249  -8%
Accounting, audit, taxes  99  101  2%Transport, post and logistics  196  179  -9%

Occupation Year-over-year Trends: Three of the nine occupational groups monitored by the Index in October exhibited positive growth trends.

  • Opportunities for Craft and related trade workers (down eight percent) declined for a second consecutive month with demand shrinking across all regions compared to year-ago levels, with the exception of the UK
  • Technicians and associate professionals (up two percent) noted some degree of annual growth in October and matched September's rate of increase
  • Elementary occupations (down 13 percent) remained at the bottom of the Index for a third consecutive month where this group has continued to see decline throughout the second half of this year
Top Growth Occupations  Lowest Growth Occupations
                    
Occupation  

Oct
11

  

Oct
12

  

%
Y-O-Y
Growth

Occupation  

Oct
11

  

Oct
12

  

%
Y-O-Y
Growth

Technicians and associate professionals  126  128  2%Skilled agricultural, forestry and fishery workers  194  188  -3%
Plant and machine operators, and assemblers  122  123  1%Craft and related trades workers  245  226  -8%
Professionals  135  136  1%Elementary occupations  195  169  -13%

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, 13 November at 06:00 CET at: about-monster.com/employment/index/17.

Data for the month of November 2012 will be released on December 7th, 2012.

By Region

                            
Region  

Oct
11

  

Nov
11

  

Dec
11

  

Jan
12

  

Feb
12

  

Mar
12

  

Apr
12

  

May
12

  

Jun
12

  

Jul
12

  

Aug
12

  

Sep
12

  

Oct
12

  

Y-O-Y
GROWTH

Belgium  107  102  101  98  107  106  108  111  110  109  102  104  108  1%
France  139  136  132  123  130  134  139  130  129  133  121  117  126  -9%
Germany  171  175  177  173  178  185  190  188  182  188  184  180  174  2%
Italy  143  146  141  128  137  143  148  139  145  146  136  126  135  -6%
Netherlands  89  86  86  81  81  76  78  77  78  79  77  74  73  -18%
Sweden  148  150  158  143  154  165  166  154  155  149  141  143  140  -5%
United Kingdom  140  140  141  129  145  148  140  140  141  136  140  137  141  1%

By Industry

                            
Industry  

Oct
11

  

Nov
11

  

Dec
11

  

Jan
12

  

Feb
12

  

Mar
12

  

Apr
12

  

May
12

  

Jun
12

  

Jul
12

  

Aug
12

  

Sep
12

  

Oct
12

  

Y-O-Y
GROWTH

Accounting, audit, taxes  99   Read Full Story

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