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Monday, September 13, 2010

“European Online Recruitment Activity Remains Stable in August, Reports Monster Employment Index”

“European Online Recruitment Activity Remains Stable in August, Reports Monster Employment Index”


European Online Recruitment Activity Remains Stable in August, Reports Monster Employment Index

Posted: 13 Sep 2010 09:00 PM PDT

Press Release Source: Monster On Tuesday September 14, 2010, 12:00 am

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

  • The Monster Employment Index Europe held steady in August, as online job opportunities remained at their July 2010 level. Year-on-year, online job demand increased 15 percent
  • Real estate reported the most robust monthly increase in online worker demand, whilst arts, entertainment, sports and leisure fell the most
  • Germany and the UK exhibited the sharpest monthly increases among regions monitored by the Index; Sweden continued to exhibit the best improved annual growth

Summary Overview

Online job demand was stable in August, as many recruiters across Europe slowed down hiring efforts in favour of summer vacations. Although job demand did not rise on a monthly basis, the annual growth trend extended once again, with opportunities now up 15 percent compared to August 2009.

Among industry sectors, real estate noted a seasonal gain in online worker demand. Robust long-term growth trends continued to emerge in manufacturing and export related sectors including production, manufacturing, maintenance and repair; and transport, post and logistics, where annual growth excelled the majority of other industry sectors.

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

Aug 10   Jul 10   Jun 10   May 10   Apr 10   Mar 10   Feb 10   Jan 10   Dec 09   Nov 09   Oct 09   Sep 09   Aug 09
115 115 114 112 108 104 101 93 100 100 99 97 100

"The summer months tend to see a slowdown in online recruitment activity, so it is encouraging to see that online job opportunities remained at their month-earlier levels and did not decrease in August. The annual growth rate also accelerated, which suggests we continue to be on the path to recovery," commented Andrea Bertone, head of Monster Europe. "In addition, notable rises across Germany for workers in manufacturing and trade-related sectors point to a more optimistic future than seen over the past couple of years."

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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