Monster Employment Index U.S. Rises 8% Year-over-Year; Edges up 2% Month-over-Month

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

August 2011 Index Highlights:

• Monster Employment Index U.S. annual growth rate continues to remain positive at 8%
• Index rises 2% from July, consistent with historical seasonal trends
• All metro markets tracked by the Index exhibit positive annual growth
• Commerce-related sectors, retail and wholesale trade continue to exhibit robust growth
• Public administration and accommodation/ food services register the steepest annual declines

The Monster Employment Index U.S. is a monthly gauge of U.S. online job demand 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. 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.

“The Index exhibited an uptick in August, with increased demand for retail workers in particular, possibly driven by the back-to-school season,” said Jesse Harriott, senior vice president and chief knowledge officer at Monster Worldwide. “Current economic conditions are driving hiring growth at a measured pace across a diverse set of occupations like transportation, personal care and community services, IT and engineering.”

Monster Employment Index U.S. results for the past 18 months are as follows:

Mar 10	Apr 10	May 10	Jun 10	Jul 10	Aug 10	Sep 10	Oct 10	Nov 10	Dec 10	Jan 11	Feb 11	Mar 11	Apr 11	May 11	Jun 11	Jul 11	Aug 11	Y-O-Y
125	133	134	141	138	136	138	136	134	130	122	129	136	145	143	146	144	147	8%

Industry Year-over-year Trends: 16 of the 20 industries monitored by the Index showed positive annual growth trends.

• Transportation and Warehousing (up 27 percent) maintained its second spot amidst sectors, driven by ongoing escalation in demand for workers in logistics, drivers, sales and informatics workers
• Retail Trade (up 18 percent) and Wholesale Trade (up 18 percent) continued to expand following two consecutive months of retail sales growth, as reported by the Commerce Department for June and July
• Information (up 19 percent) and Professional, Scientific, and Technical Services (up 16 percent) saw increased demand for computer and mathematical occupations in particular
• Accommodation and Food Services (down 15 percent) registered the steepest annual decline among sectors in August

Top Growth Industries

Year-over-year Growth	Aug 10	Aug 11	% Growth Y-o-y
Mining, Quarrying, Oil and Gas Extraction	189	293	55%
Transportation and Warehousing	155	197	27%
Other Services	183	221	21%
Information	80	95	19%
Retail Trade	143	169	18%

Lowest Growth Industries

Year-over-year Growth	Aug 10	Aug 11	% Growth Y-o-y
Health Care and Social Assistance	107	110	3%
Management of Companies and Enterprises	118	112	-5%
Arts, Entertainment, and Recreation	41	37	-10%
Public Administration	190	163	-14%
Accommodation and Food Services	111	94	-15%

Occupation Year-over-year Trends: Annual online demand for workers rose in 19 of 23 occupational categories in August.

• Transportation and material moving (up 26 percent) recorded strong demand in August, as reflected by the broader transportation and warehousing segment
• Protective Service (down 18 percent) recorded the weakest long-term trend among occupations

Top Growth Occupations

Year-over-year Growth	Aug 10	Aug 11	% Growth Y-o-y
Personal Care and Service	53	78	47%
Architecture and Engineering	88	112	27%
Transportation and Material Moving	100	126	26%
Installation, Maintenance and Repair	140	175	25%
Community and Social Services	188	227	21%

Lowest Growth Occupations

Year-over-year Growth	Aug 10	Aug 11	% Growth Y-o-y
Arts, Design, Entertainment, Sports and Media	95	94	-1%
Legal	116	114	-2%
Farming, Fishing, and Forestry	169	166	-2%
Food Preparation and Serving	115	101	-12%
Protective Service	83	68	-18%

Geographic year-over-year Trends: All 28 metro markets recorded positive annual growth in August.

• Detroit (up 35 percent) continued to remain the top growth metropolitan market by measure of annual gains
• New York City (up 8 percent) continues to remain amidst the slowest growing markets, with reduced demand for legal and administrative occupations

Top Growth Metro Markets

Year-over-year Growth	Aug 10	Aug 11	% Growth Y-o-y
Detroit	93	126	35%
Cincinnati	78	103	32%
Minneapolis	90	117	30%
Cleveland	99	128	29%
Orlando	54	69	28%

Lowest Growth Metro Markets

Year-over-year Growth	Aug 10	Aug 11	% Growth Y-o-y
Boston	78	87	12%
Phoenix	71	78	10%
New York City	83	90	8%
Miami	73	79	8%
Denver	103	111	8%

International Trends:

• Monster Employment Index Europe registered a 21 percent annual growth rate in August. Germany continues to lead all countries in annual growth, at 39 percent. Industrial production and related sectors continue to exhibit strongest growth along with robust annual growth in the telecommunications and engineering sectors
• Monster Employment Index India recorded a 13 percent increase year-over-year in July, with continued annual growth for the oil and gas; and media/ entertainment sectors. Education recorded the slowest growth in July

To obtain a full copy of the Monster Employment Index U.S. report for August 2011, and to access current individual data charts for each of the 28 metro markets tracked, please visit http://about-monster.com/employment-index. Data for the month of September 2011 will be released on October 7, 2011.

About the Monster Employment Index U.S.

Launched in April 2004 with data collected since October 2003, the Monster Employment Index U.S. is a broad and comprehensive monthly analysis of U.S. online job demand conducted by Monster Worldwide, Inc. Based on a real-time 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 presents a snapshot of employer online recruitment activity nationwide. All of the data and findings in the Monster Employment Index have been validated for their accuracy through independent, third party auditing conducted periodically by Research America, Inc. The audit validates the accuracy of the national online job recruitment activity measured within a margin of error of +/- 1.05%.

About Monster Worldwide

Monster Worldwide, Inc. (NYSE: MWW), parent company of Monster®, the premier global online employment solution for more than a decade, strives to bring people together to advance 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. Monster Worldwide is a member of the S&P 500 Index. To learn more about Monster's industry-leading products and services, visit 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.

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