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Monday, July 12, 2010

“European Online Recruitment Activity Reaches 16-Month High, Reports Monster Employment Index”

“European Online Recruitment Activity Reaches 16-Month High, Reports Monster Employment Index”


European Online Recruitment Activity Reaches 16-Month High, Reports Monster Employment Index

Posted: 12 Jul 2010 09:00 PM PDT

LONDON--(BUSINESS WIRE)--June 2010 Index Highlights:

  • The Monster Employment Index Europe reported two point (two percent) increase in online worker demand in June, whilst opportunities were up 12 percent year-on-year
  • Online job availability increased the most in production, manufacturing, maintenance and repair, from both a monthly and annual perspective
  • Germany registered the sharpest monthly increase among major countries, whilst Sweden continued to exhibit the most positive long-term trend

Summary Overview

June marked the fifth consecutive month of expansion in online job opportunities, suggesting the overall industry is on a path of gradual recovery. This is also reflected in the accelerated rate of annual growth compared to the previous month. Opportunities are now up 12 percent compared to June 2009 and their highest level since February 2009.

Among industry sectors, production, manufacturing maintenance and repair exhibited the sharpest monthly increase, whilst transport, post and logistics also registered a notable gain. The increases in these sectors suggest an overall upswing in European industrial activity and transport.

Monster Employment Index Europe results for the past 13 months are as follows:

Jun 10   May 10   Apr 10   Mar 10   Feb 10   Jan 10   Dec 09   Nov 09   Oct 09   Sep 09   Aug 09   Jul 09  


Jun 09

 

114 112 108 104 101 93 100 100 99 97 100 101 102

"The slight improvement in June is yet another encouraging sign for current job seekers. In addition, the annual growth rate increased in June, suggesting that we are on the path to gradual recovery," commented Andrea Bertone, head of Monster Europe. "Whilst both consumer and business confidence remained static between May and June, we have seen positive trends emerge in sectors such as manufacturing and transport and are optimistic about the level of opportunities that are emerging throughout the year."

The Monster Employment Index Europe is a monthly analysis of millions of online job opportunities culled from a large, representative selection of corporate career sites and job boards across Europe, including Monster.

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