NEW YORK--(BUSINESS WIRE)--Monster Worldwide, Inc. (NYSE: MWW):
“Current economic conditions
are??driving??hiring growth??at a measured pace across a diverse set of
occupations like transportation, personal care and community services,
IT and engineering.”
August 2011 Index Highlights:
-
Monster Employment Index U.S. annual growth rate continues to remain
positive at 8%
-
Index rises 2% from July, consistent with historical seasonal trends
-
All metro markets tracked by the Index exhibit positive annual growth
-
Commerce-related sectors, retail and wholesale trade continue to
exhibit robust growth
-
Public administration and accommodation/ food services register the
steepest annual declines
The Monster
Employment Index U.S. is a monthly gauge of U.S. 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. 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 Index exhibited an uptick in August, with increased demand for
retail workers in particular, possibly driven by the back-to-school
season,??? said Jesse Harriott, senior vice president and chief knowledge
officer at Monster Worldwide. ???Current economic conditions
are??driving??hiring growth??at a measured pace across a diverse set of
occupations like transportation, personal care and community services,
IT and engineering.???
Monster Employment Index U.S. results for the past 18 months are as
follows:
Mar 10
|
??
|
Apr 10
|
??
|
May 10
|
??
|
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
|
??
|
Y-O-Y
|
125
|
??
|
133
|
??
|
134
|
??
|
141
|
??
|
138
|
??
|
136
|
??
|
138
|
??
|
136
|
??
|
134
|
??
|
130
|
??
|
122
|
??
|
129
|
??
|
136
|
??
|
145
|
??
|
143
|
??
|
146
|
??
|
144
|
??
|
147
|
??
|
8%
|
Industry Year-over-year Trends: 16
of the 20 industries monitored by the Index showed positive annual
growth trends.
-
Transportation and Warehousing (up 27 percent) maintained its
second spot amidst sectors, driven by ongoing escalation in demand for
workers in logistics, drivers, sales and informatics workers
-
Retail Trade (up 18 percent) and Wholesale Trade (up 18
percent) continued to expand following two consecutive months of
retail sales growth, as reported by the Commerce Department for June
and July
-
Information (up 19 percent) and Professional, Scientific,
and Technical Services (up 16 percent) saw increased demand for
computer and mathematical occupations in particular
-
Accommodation and Food Services (down 15 percent) registered
the steepest annual decline among sectors in August
Top Growth Industries
Year-over-year Growth
|
??
|
Aug
10
|
??
|
Aug
11
|
??
|
% Growth Y-o-y
|
Mining, Quarrying, Oil and Gas Extraction
|
??
|
189
|
??
|
293
|
??
|
55%
|
Transportation and Warehousing
|
??
|
155
|
??
|
197
|
??
|
27%
|
Other Services
|
??
|
183
|
??
|
221
|
??
|
21%
|
Information
|
??
|
80
|
??
|
95
|
??
|
19%
|
Retail Trade
|
??
|
143
|
??
|
169
|
??
|
18%
|
Lowest Growth Industries
Year-over-year Growth
|
??
|
Aug
10
|
??
|
Aug
11
|
??
|
% Growth Y-o-y
|
Health Care and Social Assistance
|
??
|
107
|
??
|
110
|
??
|
3%
|
Management of Companies and Enterprises
|
??
|
118
|
??
|
112
|
??
|
-5%
|
Arts, Entertainment, and Recreation
|
??
|
41
|
??
|
37
|
??
|
-10%
|
Public Administration
|
??
|
190
|
??
|
163
|
??
|
-14%
|
Accommodation and Food Services
|
??
|
111
|
??
|
94
|
??
|
-15%
|
Occupation Year-over-year Trends: Annual
online demand for workers rose in 19 of 23 occupational categories in
August.
-
Transportation and material moving (up 26 percent) recorded
strong demand in August, as reflected by the broader transportation
and warehousing segment
-
Protective Service (down 18 percent) recorded the weakest
long-term trend among occupations
Top Growth Occupations
Year-over-year Growth
|
??
|
Aug
10
|
??
|
Aug
11
|
??
|
% Growth Y-o-y
|
Personal Care and Service
|
??
|
53
|
??
|
78
|
??
|
47%
|
Architecture and Engineering
|
??
|
88
|
??
|
112
|
??
|
27%
|
Transportation and Material Moving
|
??
|
100
|
??
|
126
|
??
|
26%
|
Installation, Maintenance and Repair
|
??
|
140
|
??
|
175
|
??
|
25%
|
Community and Social Services
|
??
|
188
|
??
|
227
|
??
|
21%
|
Lowest Growth Occupations
Year-over-year Growth
|
??
|
Aug
10
|
??
|
Aug
11
|
??
|
% Growth Y-o-y
|
Arts, Design, Entertainment, Sports and Media
|
??
|
95
|
??
|
94
|
??
|
-1%
|
Legal
|
??
|
116
|
??
|
114
|
??
|
-2%
|
Farming, Fishing, and Forestry
|
??
|
169
|
??
|
166
|
??
|
-2%
|
Food Preparation and Serving
|
??
|
115
|
??
|
101
|
??
|
-12%
|
Protective Service
|
??
|
83
|
??
|
68
|
??
|
-18%
|
Geographic year-over-year Trends: All
28 metro markets recorded positive annual growth in August.
-
Detroit (up 35 percent) continued to remain the top growth
metropolitan market by measure of annual gains
-
New York City (up 8 percent) continues to remain amidst the
slowest growing markets, with reduced demand for legal and
administrative occupations
Top Growth Metro Markets
Year-over-year Growth
|
??
|
Aug
10
|
??
|
Aug
11
|
??
|
% Growth Y-o-y
|
Detroit
|
??
|
93
|
??
|
126
|
??
|
35%
|
Cincinnati
|
??
|
78
|
??
|
103
|
??
|
32%
|
Minneapolis
|
??
|
90
|
??
|
117
|
??
|
30%
|
Cleveland
|
??
|
99
|
??
|
128
|
??
|
29%
|
Orlando
|
??
|
54
|
??
|
69
|
??
|
28%
|
Lowest Growth Metro Markets
Year-over-year Growth
|
??
|
Aug
10
|
??
|
Aug
11
|
??
|
% Growth Y-o-y
|
Boston
|
??
|
78
|
??
|
87
|
??
|
12%
|
Phoenix
|
??
|
71
|
??
|
78
|
??
|
10%
|
New York City
|
??
|
83
|
??
|
90
|
??
|
8%
|
Miami
|
??
|
73
|
??
|
79
|
??
|
8%
|
Denver
|
??
|
103
|
??
|
111
|
??
|
8%
|
International Trends:
-
Monster Employment Index Europe registered a 21 percent annual
growth rate in August. Germany continues to lead all countries in
annual growth, at 39 percent. Industrial production and related
sectors continue to exhibit strongest growth along with robust annual
growth in the telecommunications and engineering sectors
-
Monster Employment Index India recorded a 13 percent increase
year-over-year in July, with continued annual growth for the oil and
gas; and media/ entertainment sectors. Education recorded the slowest
growth in July
To obtain a full copy of the Monster Employment Index U.S. report for
August 2011, and to access current individual data charts for each of
the 28 metro markets tracked, please visit http://about-monster.com/employment-index.
Data for the month of September 2011 will be released on October 7, 2011.
About the Monster Employment Index U.S.
Launched in April 2004 with data collected since October 2003, the
Monster Employment Index U.S. is a broad and comprehensive monthly
analysis of U.S. online job demand conducted by Monster Worldwide, Inc.
Based on a real-time 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 presents
a snapshot of employer online recruitment activity nationwide. All of
the data and findings in the Monster Employment Index have been
validated for their accuracy through independent, third party auditing
conducted periodically by Research America, Inc. The audit validates the
accuracy of the national online job recruitment activity measured within
a margin of error of +/- 1.05%.
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 bring people together to
advance 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=6848738&lang=en