Germany and Eastern Europe Drive Sustained Recruitment Growth, Reports Monster Employment Index Europe

August 2011 - Monster Employment Index Europe -Month-over-month and Year-over-year Growth (Graphic: Business Wire)

August 2011 - Monster Employment Index Europe -Month-over-month and Year-over-year Growth (Graphic: Business Wire)

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

August 2011 Index Highlights:

  • The Monster Employment Index Europe exhibits 21 percent annual growth in August, maintaining last month’s trend
  • Industrial production continues to lead in the Index in August
  • All industries continue to exhibit positive annual growth except public sector, defence, community
  • Craft and related workers continued its lead with the strongest growth of all occupations for the fifth consecutive month
  • Germany continues to drive the highest growth across the EU, while the Netherlands notes a slight easing

The Monster Employment Index Europe is a monthly gauge of 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 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.

“Strong double-digit growth trends in Germany, France and Sweden have driven the notable 21 percent increase in year-over-year growth for Europe,” commented Alan Townsend, Vice President of Sales Readiness and Business Operations for Monster Europe. “Employers, particularly in the public sector and banking/ finance, continue to remain cautious but in general are still hiring for critical positions across all occupational groups.”

Monster Employment Index Europe 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

104       108       112       114       115       115       117       122       122       122       116       125       131       136       135       140       139       139

 

    21%

Industry Year-over-year Trends: 23 of the 24 industry sectors monitored by the Index in August exhibited positive annual growth trends.

  • Production, manufacturing maintenance and repair (up 42 percent) was this month’s star performer by measure of annual growth where ongoing escalation has been strongest for Germany, as well as throughout Eastern Europe
  • Transport post and logistics (up 40 percent) slipped back to second position by measure of annual growth in August, however the current rate still reflects a high level of demand across this sector
  • Engineering (up 40 percent) and Telecommunication (up 40 percent) also reported continued strong annual growth and ranked top for the professional services segment in August
  • Public sector, defence, community (down five percent) was the only industry to report decline in activity in August in a continued response to cutbacks in this sector
Top Growth Industries       Lowest Growth Industries
                                       
Industry    

Aug
10

   

Aug
11

    % Industry    

Aug
10

   

Aug
11

    %
Production, manufacturing, maintenance, repair     190     269     42% Accounting, audit, taxes     92     98     7%
Transport, post and logistics     138     193     40%

Arts, entertainment, sports, leisure

    107     113     6%
Engineering     119     167     40% Legal     112     117     4%
Telecommunication     78     109     40% Banking, finance, insurance     87     88     1%
Hospitality and tourism     191     247     29% Public sector, defence, community     85     81     -5%

Occupation Year-over-year Trends: All nine occupational groups monitored by the Index in August continued to exhibit positive annual growth.

  • Craft and related trades workers (up 48 percent) maintained a steady lead and matched its rate of annual growth in July, followed by Plant and machine operators and assemblers (up 24 percent), suggesting relative stability in underlying demand drivers, mirroring the overarching trends seen in the manufacturing and related sectors
  • Managers (up 14 percent) continued to register increased annual growth in August with an increase of two percent on last month’s rate, while Professionals (up 14 percent) grew at a slower than average pace
  • Elementary occupations (up 23 percent) edged up among occupational groups, claiming third place among groups by measure of annual growth
Top Growth Occupations         Lowest Growth Occupations
                                                   
Occupation      

Aug
10

     

Aug
11

      % Occupation      

Aug
10

     

Aug
11

      %
Craft and related trades workers       163       242       48% Skilled agricultural, forestry and fishery workers       174       205       18%
Plant and machine operators, and assemblers       100       124       24% Technicians and associate professionals       110       125       14%
Elementary occupations       164       202       23% Managers       101       115       14%

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, 13th September at 06:00 CET at: http://aboutmonster.com/employment/index/17.

Data for the month of September 2011 will be released on October 7, 2011.

By Region

Region    

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
GROWTH

Belgium     105       106       108       110       110       101       113       120       125       119       118       113       109       4%
France     116       116       135       133       134       124       136       138       146       144       150       148       139       20%
Germany     124       128       131       135       134       133       139       151       159       158       164       166       172       39%
Italy     132       127       134       148       152       135       134       145       147       145       142       148       140       6%
Netherlands     91       86       90       92       92       89       90       95       97       98       97       96       92       1%
Sweden     123       134       140       150       152       143       163       161       167       170       161       149       146       19%
United Kingdom     130       131       138       130       133       128       139       137       138       136       141       140       138       6%

By Industry

Industry    

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
GROWTH

Accounting, audit, taxes     92       91       94       92       92       91       93       99       102       101       102       101       98       7%
Administrative, organisation     94       94       98       98       97       95       102       107       107       108       112       109       112       19%
Agriculture, fishing and forestry     114       104       116       112       101       90       109       125       131       130       140       134       133       17%
Arts, entertainment, sports, leisure     107       104       107       104       108       105       106       111       112       113       119       116       113       6%
Automotive     117       106       107       113       109       101       113       117       122       125       135       126       132       13%
Banking, finance, insurance     87       85       87       85       84       80       83       88       91       88       86       89       88       1%
Construction and extraction     125       126       126       126       122       113       122       129       134       135       141       140       144       15%
Education, training and library     180       183       199       207       215       192       211       200       215       218       233       218       208       16%
Engineering     119       122       128       130       134       130       143       152       163       157       161       164       167       40%
Environment, architecture and urbanism     87       97       95       99       98       91       93       95       102       96       103       102       102       17%
Healthcare, social work     551       594       600       572       576       575       612       635       628       623       640       633       624       13%
Hospitality and tourism     191       215       217       221       212       195       217       243       257       257       256       244       247       29%
HR     85       85       87       86       88       85       90       93       95       95       96       95       95       12%
IT     88       89       92       94       94       93       97       100       101       100       104       103       101       15%
Legal     112       117       117       118       118       111       121       121       121       118       119       117       117       4%
Management and consulting     105       107       109       111       109       109       109       113       115       111       115       114       114       9%
Marketing, PR and media     127       128       133       131       136       131       136       144       149       143       149       147       148       17%
Production, manufacturing, maintenance, repair     190       200       208       212       209       200       218       238       251       248       259       264       269       42%
Public sector, defence, community     85       85       89       88       87       81       84       87       84       82       83       81       81       -5%
Real estate     102       94       102       100       103       104       111       122       130       126       123       121       120       18%
Research and development     105       105       109       111       111       107       115       118       122       121       123       121       120       14%
Sales     100       102       105       103       103       97       106       107       108       107       112       110       109       9%
Telecommunications     78       82       89       88       88       86       97       99       112       113       102       105       109       40%
Transport, post and logistics     138       143       150       150       151       144       150       162       176       182       190       195       193       40%

By Occupation

Occupation    

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
GROWTH

Managers     101       102       105       103       114       112       113       115       117       113       118       118       115       14%
Professionals     114       116       121       121       122       117       126       131       136       133       137       137       136       19%
Technicians and associate professionals     110       111       116       112       113       108       116       122       123       126       127       124       125       14%
Clerical support workers     121       125       130       128       127       123       133       138       142       143       146       144       147       21%
Service and sales workers     242       257       258       265       260       234       265       286       301       298       311       300       297       23%
Skilled agricultural, forestry and fishery workers     174       159       179       172       153       136       164       189       200       196       220       208       205       18%
Craft and related workers     163       174       181       183       180       172       190       206       220       221       230       236       242       48%
Plant and machine operators, and assemblers     100       101       105       110       108       100       110       119       124       122       129       125       124       24%
Elementary occupations     164       165       165       169       166       153       162       178       187       180       194       195       202       23%

About The Monster Employment Index Europe

The Monster Employment Index Europe provides monthly insight into online recruitment trends across the European Union. Launched in June 2005 with data from December 2004, the Index is based on a 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’s underlying data is validated for accuracy by Research America, Inc. – an independent, third-party auditing firm – to ensure that measured national online job recruitment activity is within a margin of error of +/- 1.05%.

The Index monitors online job opportunities across all European Union member countries.

The monthly reports for Belgium, France, Germany, Italy, the Netherlands, Sweden, the United Kingdom and Europe are available at: http://about-monster.com/employment/index/17.

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 inspire people to improve 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 personalised 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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Contacts

Weber Shandwick
Hannah Lifford, +44 (0)207 067 0500
MonsterEurope@webershandwick.com

Contacts

Weber Shandwick
Hannah Lifford, +44 (0)207 067 0500
MonsterEurope@webershandwick.com