“European Online Recruitment Shows Annual Growth of 22 Percent, Reports Monster Employment Index”

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European Online Recruitment Shows Annual Growth of 22 Percent, Reports Monster Employment Index Posted: 10 Jan 2011 09:13 PM PST LONDON--(BUSINESS WIRE)--December 2010 Index Highlights: "Job creation is definitely gaining ground in individual countries and sectors but we are yet to see the economy shift into higher gear. It seems that many employers are waiting to see a clearer picture emerge before embarking on wider staff expansion." The Monster Employment Index Europe reported a 22 percent year-on-year growth, with the level of opportunities steady for the third month in a row Education, training and library saw the largest rise on a monthly basis whilst Industrial sector opportunities showed the strongest annual growth Banking, finance, insurance, and legal registered slowdowns in annual growth rate with reduced year-end online job offerings Italy leads monthly growth and Germany continues to be the strongest overall creator of job opportunities in Europe Summary Overview Online job demand ended 22 percent higher for the year, reflecting a more robust European economy and greater confidence in hiring. Job development during Q4 has generally remained stable. This means that while hiring has accelerated in some sectors and countries it has yet to become a universal and ongoing trend. Education, training and library led all industry sectors in growth in December, driven by strong demand in extracurricular fields as private investment in education rebounds. Arts, entertainment, sports and leisure saw a similar growth rate in December, suggesting that employers could be preparing for European consumers to spend more on activities outside work in 2011. Industrial production sectors are the star performers in Europe this year in terms of annual growth. Production, manufacturing, maintenance and repair grew at a significant rate along with automotive and engineering. Meanwhile, the overall top performer was transport, post and logistics, illustrating the European economy literally getting moving. Monster Employment Index Europe results for the past 13 months are as follows: Dec 10   Nov 10   Oct 10   Sep 10   Aug 10   Jul 10   Jun 10   May 10   Apr 10   Mar 10   Feb 10   Jan 10   Dec 09 122 122 122 117 115 115 114 112 108 104 101 93 100 "We've seen the same level of demand for the third consecutive month; this shows that although the employment market is more positive than last year a degree of uncertainty remains," commented Andrea Bertone, head of Monster Europe. "Job creation is definitely gaining ground in individual countries and sectors but we are yet to see the economy shift into higher gear. It seems that many employers are waiting to see a clearer picture emerge before embarking on wider staff expansion." 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. This entry passed through the Full-Text RSS service — if this is your content and you're reading it on someone else's site, please read our FAQ page at fivefilters.org/content-only/faq.php Five Filters featured site: So, Why is Wikileaks a Good Thing Again?.

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