Germany Continues to Lead European Online Recruitment, According to the Monster Employment Index

Monster Worldwide, Inc. (NYSE:MWW):

November 2011 Index Highlights:

• The Monster Employment Index Europe demonstrates a year-over-year growth of 14 percent in November, matching October’s growth rate
• Germany is the only country to exhibit strong annual growth of 30 percent, followed by improvement in the UK, which records eight percent growth
• Other countries tracked by the Index, including Belgium, France, Italy, Netherlands and Sweden, have recorded decelerating trends since the summer with Belgium, Italy and Netherlands now exhibiting negative annual growth
• Engineering remains the star performer of all industries across Europe for the third consecutive month by rate of annual growth
• Public sector matches last month’s rate of annual decline and remains the most negatively trending sector; Education and Management and consulting also register annual 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.

"The MEI exhibits sustained online recruitment activity this month, bolstered by continued strength in Germany. Recruitment patterns are adhering to the downward trends typically observed in the Index for the end-of-year months and there are also growing challenges across the European economy,” commented Alan Townsend, Vice President of Sales Readiness and Business Operations for Monster Europe. "Consequently, it is not surprising to see this level of decelerating growth across Europe.”

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 November exhibited positive annual growth trends.

• Engineering (up 32 percent) continued to lead all industries for the third consecutive month, albeit at a slightly reduced rate of growth
• Transport, post and logistics (up 30 percent) and Production, manufacturing maintenance and repair (up 26 percent) decelerated from levels in October, in-line with a more tempered pace of expansion in manufacturing-related economic activity
• Telecommunication (up 30 percent) edged up in the industry rankings to claim third position by measure of annual growth, where sector demand was most prevalent across sales and support roles
• Management and consulting (down three percent) and Education, training, library (down two percent) slipped into negative growth this month to join Public sector (down nine percent). Education was previously positive for every month since August 2010
• Arts, entertainment, sports, leisure (up six percent) reversed last month’s trend and registered a degree of pick-up in recruitment activity in November. Similarly, Sales (up eight percent) noted elevated activity heading into the final months of 2011

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

• Craft and related trades (up 35 percent) matched last month’s rate of annual growth, reflecting steady positive conditions for this occupation with demand originating from production and construction
• In contrast, Plant and machine operators and assemblers (up three percent) registered the most moderate growth, primarily due to reduced recruitment for additional factory floor workers in the production sector
• Elementary (up 16 percent) and Service and sales workers (up 15 percent) held on to their respective second and third place rankings by measure of annual growth in November

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, 13^th December at 06:00 CET at: http://aboutmonster.com/employment/index/17.

Data for the month of December 2011 will be released on January 6, 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 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.

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