Monster Employment Index Europe Declines 4% Year-Over-Year

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Monster Employment Index Europe Declines 4% Year-Over-Year

NEW YORK--(BUSINESS WIRE)-- November 2012 Index Highlights:

  • The Monster Employment Index Europe reports a fourth consecutive month of annual decline, recording a four percent decrease in online hiring over the year in November
  • Belgium and the United Kingdom are the only two regions to report annual growth, both up one percent. All other regions report reduced online recruitment activity compared to year-ago levels
  • Germany continues to decelerate, recording an annual decline of five percent from a positive growth rate of two percent in October
  • Environment, architecture, urbanism records a seventh consecutive month as the top performing industry year-over-year while Transport, post, logistics reports the sharpest reductions for the second consecutive month
  • Managers (up five percent) sees the greatest increase in demand year-over-year of all occupations
  • Elementary occupations (down 16 percent) continues to report the weakest rates of annual growth for the sixth consecutive month

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.


"As the wider European economy continues to struggle, hiring remains cautious and even Germany is feeling the effect, charting an annual decline for the first time in 31 months," commented Alan Townsend, Senior Vice President of Sales Readiness and Business Operations for Monster Europe. "However, we continue to see pockets of resilience in recruitment across industries including healthcare and engineering and it's also encouraging to see the UK enter into its fourth month of positive growth."

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

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

  

Nov
12

  

Y-O-Y
GROWTH

140  139  139  138  139  139  136  127  138  142  144  143  142  142  

138

 

 135  135  133  -4%

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

  • Environment, architecture and urbanism (up 23 percent) continued to report the greatest increase in online recruitment of all industries in November and registered a seventh consecutive month at the top of the Index
  • Education, training, library (up 15 percent) retained its second place position in the Index and reported its tenth successive month of growth, with the strongest demand seen across Belgium, Sweden and the UK
  • Year-over-year, Production, manufacturing, maintenance, repair (down 11 percent), extended a downward trend that began in August
  • Arts, entertainment, sports, leisure (down eight percent) registered reduced demand compared to the same time last year, and recruitment levels were down across all the major markets in Europe
  • For the second consecutive month Transport, post and logistics (down 12 percent) recorded the most significant reductions in online recruitment activity compared to year-ago levels
Top Growth Industries  Lowest Growth Industries
                    
Industry  Nov

12

  Nov

12

  

%

Y-O-Y
Growth

Industry  Nov

12

  Nov

12

  

%

Y-O-Y
Growth

Environment, architecture and urbanism  103  127  23%HR  94  87  -7%
Education, training and library  202  233  15%Arts, entertainment, sports, leisure  110  101  -8%
Management and consulting  108  112  4%Production, manufacturing, maintenance, repair  267  237  -11%
Healthcare, social work  628  639  2%Telecommunication  114  101  -11%
Engineering  172  173  1%Transport, post and logistics  195  171  -12%

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

  • Following seven months of annual decline Managers (up five percent) noted revived demand in online recruitment activity compared to the same time last year and placed top of the Index
  • Online demand for Craft and related trades workers (down 11 percent) extended a downward trend in November for a third successive month and charted the steepest reduction since March 2010
  • Elementary occupations (down 16 percent) continued to exhibit the weakest demand of the occupational groups, reporting its lowest levels of hiring activity since December 2009; however, Italy, Sweden and the UK noted some annual gains
Top Growth Occupations  Lowest Growth Occupations
                    
Occupation  Nov

11

  Nov

12

  

%

Y-O-Y
Growth

Occupation  Nov

11

  Nov

12

  

%

Y-O-Y
Growth

Managers  108  113  5%Service and sales workers  304  284  -7%
Plant and machine operators, and assemblers  113  117  4%Craft and related trades workers  247  219  -11%
Professionals  136  135  -1%Elementary occupations  196  164  -16%

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 December 2012 will be released on January 4th, 2012.

By Region

                            
Region  

Nov
11

  

Dec
11

  

Jan
12

  

Feb
12

  

Mar
12

  

Apr
12

  

May
12

  

Jun
12

  

Jul
12

  

Aug
12

  

Sep
12

  

Oct
12

  

Nov
12

  

Y-O-Y
GROWTH

Belgium  102  101  98  107  106  108  111  110  109  102  104  108  103  1%
France  136  132  123  130  134  139  130  129  133  121  117  126  120  -12%
Germany  175  177  173  178  185  190  188  182  188  184  180  174  167  -5%
Italy  146  141  128  137  143  148  139  145  146  136  126  135  139  -5%
Netherlands  86  86  81  81  76  78  77  78  79  77  74  73  73  -15%
Sweden  150  158  143  154  165  166  154  155  149  141  143  140  135  -10%
United Kingdom  140  141  129  145  148  140  140  141  136  140  137  141  141  1%

By Industry

                            
Industry  

Nov
11

  

Dec
11

  

Jan
12

  

Feb
12

  

Mar
12

  

Apr
12

  

May
12

  

Jun
12

  

Jul
12

  

Aug
12

  

Sep
12

  

Oct
12

  

Nov
12

  

Y-O-Y
GROWTH

Accounting, audit, taxes  99  98   Read Full Story

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