Monster Employment Index Europe Declines 2% Year-Over-Year

Monster Employment Index Europe Declines 2% Year-Over-Year

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

September 2012 Index Highlights:

  • Year-over-year the Monster Employment Index Europe exhibits a slightly steeper rate of reduction in online recruitment in September compared to August, with demand down two percent

  • Germany continues to decelerate but remains in the positive growth territory of three percent in September and is closely followed by Belgium (up two percent) and the UK (up one percent)

  • All other regions monitored by the Index report decline with France and Netherlands recording double-digit reduction in annual growth

  • Environment, architecture and urbanism (up 22 percent) notes the greatest annual growth for the fifth consecutive month and significantly outperforms all other industries while Construction (down six percent) sees the greatest decline

  • Elementary occupations (down 15 percent) exhibits significant reductions for the fourth consecutive month and places bottom of 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.

"As the ongoing crisis of the Eurozone continues to undermine business confidence, the impact to employer recruitment activity remains clear as the Index registers an overall decline in annual online recruitment for the second consecutive month," commented Alan Townsend, Senior Vice President of Sales Readiness and Business Operations for Monster Europe. "Following the latest OECD economic assessment showing key Eurozone countries entering recession, we would expect online hiring to remain tempered. Despite this, it is encouraging to see critical categories for future economic growth like Engineering and IT growing year-over-year."

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

Apr
11

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

Y-O-Y
GROWTH

136

135

140

139

139

138

139

139

136

127

138

142

144

143

142

142

138

135

-2%

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

  • Environment, architecture and urbanism (up 22 percent) significantly outperformed all other sectors and placed top of the Index by measure of annual growth for the fifth consecutive month; growth was particularly strong across Belgium and France

  • Education, training, library (up ten percent) continued to see growth in September, albeit at a slightly moderated rate compared to August's 11 percent

  • Online recruitment opportunities across Agriculture, fishing, forestry (down five percent) continued to decline compared to year-ago levels and saw the sharpest reduction since November 2009

  • Production, manufacturing, maintenance, repair (down five percent) demonstrated reduced annual demand in September for the second consecutive month; of the larger European markets, Sweden and the UK charted the steepest declines

  • Construction and extraction (down six percent) saw the greatest reductions in online recruitment of all industries year-over-year

Top Growth Industries

Lowest Growth Industries

Industry

Sept
11

Sept
12

%
Y-O-Y
Growth

Industry

Sept
11

Sept
12

%
Y-O-Y
Growth

Environment, architecture and urbanism

101

123

22%

Administrative, organisation

110

105

-5%

Education, training and library

191

210

10%

Transport, post and logistics

195

185

-5%

Real estate

118

126

7%

Production, manufacturing, maintenance, repair

271

257

-5%

IT

99

101

2%

Agriculture, fishing, forestry

130

123

-5%

Engineering

168

171

2%

Construction and extraction

142

133

-6%

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

  • Despite charting its mildest increase of the year, Technicians and associate professionals (up two percent) led all regions by measure of annual growth

  • Skilled agricultural, forestry and fishery workers (down nine percent) continued to register decline for the fourth consecutive month, exhibiting its lowest level since February 2009

  • Managers (down one percent) noted an uptick in hiring levels in September and was close to matching levels recorded a year ago, following previous months of significant decline

  • Opportunities across Elementary occupations (down 15 percent) saw significant reductions year-over-year and remained bottom of the Index for the second consecutive month

Top Growth Occupations

Lowest Growth Occupations

Occupation

Sept
11

Sept
12

%
Y-O-Y
Growth

Occupation

Sept
11

Sept
12

%
Y-O-Y
Growth

Technicians and associate professionals

124

127

2%

Service and sales workers

303

290

-4%

Plant and machine operators, and assemblers

122

123

1%

Skilled agricultural, forestry and fishery workers

203

185

-9%

Professionals

134

134

0%

Elementary occupations

203

172

-15%

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, 9 October at 06:00 CET at: about-monster.com/employment/index/17.

Data for the month of October 2012 will be released on November 2nd, 2012.

By Region

Region

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

Y-O-Y
GROWTH

Belgium

102

107

102

101

98

107

106

108

111

110

109

102

104

2%

France

132

139

136

132

123

130

134

139

130

129

133

121

117

-11%

Germany

175

171

175

177

173

178

185

190

188

182

188

184

180

3%

Italy

132

143

146

141

128

137

143

148

139

145

146

136

126

-5%

Netherlands

88

89

86

86

81

81

76

78

77

78

79

77

74

-16%

Sweden

149

148

150

158

143

154

165

166

154

155

149

141

143

-4%

United Kingdom

135

140

140

141

129

145

148

140

140

141

136

140

137

1%

By Industry

Industry

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

Y-O-Y
GROWTH