European Online Recruitment Registers Annual Growth of 11%, According to the Monster Employment Index

The Monster Employment Index Europe demonstrates a year-over-year growth of 11 percent in December, the slowest rate of growth seen in the Index since mid-2010

ID: 1070596
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(businesspress24) - New York, January 6, 2012

December 2011 Index Highlights:

• The Monster Employment Index Europe demonstrates a year-over-year growth of 11 percent in December, the slowest rate of growth seen in the Index since mid-2010

• Germany continues to report the strongest growth trend of 32 percent, followed by six percent growth in UK and four percent in Sweden

• Belgium, France, Italy and Netherlands weigh down the Index with negative annual growth

• Engineering, up 28 percent, continues to register the largest rate of annual growth of all industries and leads for the fourth consecutive month despite a slightly eased pace from the 32 percent annual growth recorded in November

• Telecommunications, Production and Environment, architecture and urbanism record positive growth in December

• Public sector, down 14 percent, continues to remain among the slowest growth industries. Legal and Management and consulting also track annual rates of decline

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.

“While this month’s European Index continues to reflect the ongoing uncertainty of the broader global economy with generally slowed rates of annual growth in online recruitment, overall activity remains positive at 11% year-over-year. A decline from November to December is typical for this time of the year as employers scale back hiring activity and focus on closing out the year,” commented Alan Townsend, Vice President of Sales Readiness and Business Operations for Monster Europe. “Positive growth continues for a number of white-collar industries such as engineering and architecture, which has been particularly bolstered by activity across larger markets, including Germany and UK, and has served to contribute to the overall positive annual rate of growth.”

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Date: 01/06/2012 - 12:07
Language: English
News-ID 1070596
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