European Online Recruitment Up 14% Year-over-Year, According to the Monster Employment Index

October 2011 Index Highlights:

• The Monster Employment Index Europe demonstrates year-over-year growth of 14 percent, with eased annual growth rates compared to August and September
• Engineering continues to lead all industries by rate of annual growth and is closely followed by Transport, post and logistics and Production, manufacturing, maintenance, repair
• Healthcare, social work registers a swing to negative annual growth for the first time in the history of the Index
• Public sector, defence and community continues to register the steepest reduction in annual growth rate
• Germany continues to lead by rate of annual growth while Netherlands joins Belgium as one of the two countries to chart net declines on the year

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.

"With the MEI continuing to exhibit strong demand for engineering, there is a clear opportunity for workers within this sector, as well as across transport and production where these industries continue to support positive annual growth in recruitment,” commented Alan Townsend, Vice President of Sales Readiness and Business Operations for Monster Europe. "However, the muted growth of many European economies is clearly affecting employers’ hiring decisions with generally eased growth across industries that usually experience pick-up following the quieter summer months.”

Monster Employment Index Europe results for the past 18 months are as follows:

Industry Year-over-year Trends: 20 of the 24 industry sectors monitored by the Index in October exhibited positive annual growth trends.

• Engineering (up 33 percent) continued to lead all industries for the second consecutive month
• Transport, post and logistics (up 31 percent) surpassed Production, manufacturing, maintenance and repair (up 30 percent) this month, ranking second and third respectively by measure of annual growth
• Healthcare, social work (down one percent) fell into negative growth of one percent on the year, the first time this sector has registered a decline in the history of the Index. Annual growth reductions were most pronounced across the larger countries such as Germany and France
• Environment, architecture, urbanism (up seven percent) was the only sector to register noticeable growth gains in the October Index as sector employers stepped up their online recruitment activity. Occupationally, opportunities were most prevalent across the Professionals group
• Public sector, defence, community (down nine percent) noted continued reduction in annual growth rate in October

Occupation Year-over-year Trends: All nine occupational groups monitored by the Index in October continued to exhibit positive growth trends.

• While Craft and related trades (up 35 percent) continued to lead all occupations by measure of annual growth this was at notably lower growth rates compared to those observed in previous months, mirroring trends seen across the production and construction sectors
• Elementary (up 18 percent) noted improved growth in October and moved from third to second place position by measure of annual growth, while Service and Sales (up 17 percent) ranked third
• Skilled agricultural, forestry and fishery workers (up eight percent) noted significant decline in annual growth in October compared to the 28 percent growth rate observed in September and fell to the bottom of the Index
• Managers (up eight percent) continued to record the lowest annual growth of all occupational groups and was closely followed by Technicians and associate professionals (up nine percent)

The full monthly Monster Employment Index reports for Belgium, France, Germany, Italy, the Netherlands, Sweden and the United Kingdom will be made available on Tuesday, 8^th November at 06:00 CET at: http://aboutmonster.com/employment/index/17.

Data for the month of November 2011 will be released on December 2, 2011.

About The Monster Employment Index Europe

The Monster Employment Index Europe provides monthly insight into online recruitment trends across the European Union. Launched in June 2005 with data from December 2004, the Index is based on a 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’s underlying data is validated for accuracy by Research America, Inc. – an independent, third-party auditing firm – to ensure that measured national online job recruitment activity is within a margin of error of +/- 1.05%.

The Index monitors online job opportunities across all European Union member countries.

The monthly reports for Belgium, France, Germany, Italy, the Netherlands, Sweden, the United Kingdom and Europe are available at: http://about-monster.com/employment/index/17.

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 inspire people to improve 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 personalised 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.

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