Germany Continues to Lead European Online Recruitment, According to the Monster Employment Index

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

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

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

November 2011 Index Highlights:

  • The Monster Employment Index Europe demonstrates a year-over-year growth of 14 percent in November, matching October’s growth rate
  • Germany is the only country to exhibit strong annual growth of 30 percent, followed by improvement in the UK, which records eight percent growth
  • Other countries tracked by the Index, including Belgium, France, Italy, Netherlands and Sweden, have recorded decelerating trends since the summer with Belgium, Italy and Netherlands now exhibiting negative annual growth
  • Engineering remains the star performer of all industries across Europe for the third consecutive month by rate of annual growth
  • Public sector matches last month’s rate of annual decline and remains the most negatively trending sector; Education and Management and consulting also register annual declines on the year

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.

“The MEI exhibits sustained online recruitment activity this month, bolstered by continued strength in Germany. Recruitment patterns are adhering to the downward trends typically observed in the Index for the end-of-year months and there are also growing challenges across the European economy,” commented Alan Townsend, Vice President of Sales Readiness and Business Operations for Monster Europe. “Consequently, it is not surprising to see this level of decelerating growth across Europe.”

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

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

   

Sep
11

   

Oct
11

   

Nov
11

    Y-O-Y
114     115     115     117     122     122     122     116     125     131     136     135     140     139     139     138     139     139     14%

Industry Year-over-year Trends: 20 of the 24 industry sectors monitored by the Index in November exhibited positive annual growth trends.

  • Engineering (up 32 percent) continued to lead all industries for the third consecutive month, albeit at a slightly reduced rate of growth
  • Transport, post and logistics (up 30 percent) and Production, manufacturing maintenance and repair (up 26 percent) decelerated from levels in October, in-line with a more tempered pace of expansion in manufacturing-related economic activity
  • Telecommunication (up 30 percent) edged up in the industry rankings to claim third position by measure of annual growth, where sector demand was most prevalent across sales and support roles
  • Management and consulting (down three percent) and Education, training, library (down two percent) slipped into negative growth this month to join Public sector (down nine percent). Education was previously positive for every month since August 2010
  • Arts, entertainment, sports, leisure (up six percent) reversed last month’s trend and registered a degree of pick-up in recruitment activity in November. Similarly, Sales (up eight percent) noted elevated activity heading into the final months of 2011
Top Growth Industries       Lowest Growth Industries
                                             
Industry    

Nov
10

   

Nov
11

   

%
Y-O-Y
Growth

      Industry    

Nov
10

   

Nov
11

   

%
Y-O-Y
Growth

Engineering     130     172     32%      

Public sector, defence,
community

    88     80     -9%

Transport, post and
logistics

    150     195     30%      

Management and
consulting

    111     108     -3%
Telecommunication     88     114     30%      

Education, training and
library

    207     202     -2%

Production, manufacturing,
maintenance, repair

    212     267     26%       Legal     118     118     0%
Real estate     100     124     24%       Banking, finance, insurance     85     87     2%

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

  • Craft and related trades (up 35 percent) matched last month’s rate of annual growth, reflecting steady positive conditions for this occupation with demand originating from production and construction
  • In contrast, Plant and machine operators and assemblers (up three percent) registered the most moderate growth, primarily due to reduced recruitment for additional factory floor workers in the production sector
  • Elementary (up 16 percent) and Service and sales workers (up 15 percent) held on to their respective second and third place rankings by measure of annual growth in November
Top Growth Occupations                   Lowest Growth Occupations            
                                             
Occupation    

Nov
10

   

Nov
11

   

%
Y-O-Y
Growth

      Occupation    

Nov
10

   

Nov
11

   

%
Y-O-Y
Growth

Craft and related trades
workers

    183     247     35%      

Plant and machine
operators, and assemblers

    110     113     3%
Elementary occupations     169     196     16%       Managers     103     108     5%
Service and sales workers     265     304     15%      

Skilled agricultural, forestry
and fishery workers

    172     191     11%

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 December at 06:00 CET at: http://aboutmonster.com/employment/index/17.

Data for the month of December 2011 will be released on January 6, 2011.

By Region

                                                       
Region    

Nov
10

   

Dec
10

   

Jan
11

   

Feb
11

   

Mar
11

   

Apr
11

   

May
11

   

Jun
11

   

Jul
11

   

Aug
11

   

Sep
11

   

Oct
11

   

Nov
11

   

Y-O-Y
GROWTH

Belgium     110     110     101     113     120     125     119     118     113     109     102     107     102     -7%
France     133     134     124     136     138     146     144     150     148     139     132     139     136     2%
Germany     135     134     133     139     151     159     158     164     166     172     175     171     175     30%
Italy     148     152     135     134     145     147     145     142     148     140     132     143     146     -1%
Netherlands     92     92     89     90     95     97     98     97     96     92     88     89     86     -7%
Sweden     150     152     143     163     161     167     170     161     149     146     149     148     150     0%
United Kingdom     130     133     128     139     137     138     136     141     140     138     135     140     140     8%
 

By Industry

                                                       
Industry    

Nov
10

   

Dec
10

   

Jan
11

   

Feb
11

   

Mar
11

   

Apr
11

   

May
11

   

Jun
11

   

Jul
11

   

Aug
11

   

Sep
11

   

Oct
11

   

Nov
11

   

Y-O-Y
GROWTH

Accounting, audit, taxes     92     92     91     93     99     102     101     102     101     98     97     99     99     8%
Administrative, organisation     98     97     95     102     107     107     108     112     109     112     110     111     111     13%
Agriculture, fishing and forestry     112     101     90     109     125     131     130     140     134     133     130     124     123     10%
Arts, entertainment, sports, leisure     104     108     105     106     111     112     113     119     116     113     107     108     110     6%
Automotive     113     109     101     113     117     122     125     135     126     132     128     124     124     10%
Banking, finance, insurance     85     84     80     83     88     91     88     86     89     88     86     87     87     2%
Construction and extraction     126     122     113     122     129     134     135     141     140     144     142     138     137     9%
Education, training and library     207     215     192     211     200     215     218     233     218     208     191     205     202     -2%
Engineering     130     134     130     143     152     163     157     161     164     167     168     170     172     32%
Environment, architecture and urbanism     99     98     91     93     95     102     96     103     102     102     101     102     103     4%
Healthcare, social work     572     576     575     612     635     628     623     640     633     624     625     594     628     10%
Hospitality and tourism     221     212     195     217     243     257     257     256     244     247     256     252     251     14%
HR     86     88     85     90     93     95     95     96     95     95     94     94     94     9%
IT     94     94     93     97     100     101     100     104     103     101     99     101     103     10%
Legal     118     118     111     121     121     121     118     119     117     117     114     116     118     0%
Management and consulting     111     109     109     109     113     115     111     115     114     114     112     110     108     -3%
Marketing, PR and media     131     136     131     136     144     149     143     149     147     148     143     146     143     9%
Production, manufacturing, maintenance, repair     212     209     200     218     238     251     248     259     264     269     271     270     267     26%
Public sector, defence, community     88     87     81     84     87     84     82     83     81     81     80     81     80     -9%
Real estate     100     103     104     111     122     130     126     123     121     120     118     125     124     24%
Research and development     111     111     107     115     118     122     121     123     121     120     119     119     119     7%
Sales     103     103     97     106     107     108     107     112     110     109     108     111     111     8%
Telecommunications     88     88     86     97     99     112     113     102     105     109     109     114     114     30%
Transport, post and logistics     150     151     144     150     162     176     182     190     195     193     195     196     195     30%
 

By Occupation

                                                       
Occupation    

Nov
10

   

Dec
10

   

Jan
11

   

Feb
11

   

Mar
11

   

Apr
11

   

May
11

   

Jun
11

   

Jul
11

   

Aug
11

   

Sep
11

   

Oct
11

   

Nov
11

   

Y-O-Y
GROWTH

Managers     103     114     112     113     115     117     113     118     118     115     111     113     108     5%
Professionals     121     122     117     126     131     136     133     137     137     136     134     135     136     12%
Technicians and associate professionals     112     113     108     116     122     123     126     127     124     125     124     126     127     13%
Clerical support workers     128     127     123     133     138     142     143     146     144     147     143     145     144     13%
Service and sales workers     265     260     234     265     286     301     298     311     300     297     303     303     304     15%
Skilled agricultural, forestry and fishery workers     172     153     136     164     189     200     196     220     208     205     203     194     191     11%
Craft and related workers     183     180     172     190     206     220     221     230     236     242     246     245     247     35%
Plant and machine operators, and assemblers     110     108     100     110     119     124     122     129     125     124     122     122     113     3%
Elementary occupations     169     166     153     162     178     187     180     194     195     202     203     195     196     16%
 

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 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.

Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=50092932&lang=en

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