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

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