Monster Worldwide, Inc. (NYSE: MWW):
November 2011 Index Highlights:
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Monster Employment Index U.S. shows annual growth of 10 percent in
November
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Index edges down two percent on monthly basis, in-line with seasonal
patterns observed for the month of November
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Transportation and warehousing continues to be a top growth market;
while retail slows following its notable increase in October
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Public administration registers the steepest annual decline, dropping
21 percent year-over-year
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All metro markets tracked by the Index exhibit positive annual growth.
Cincinnati and Indianapolis record highest growth, while Boston, New
York and Los Angeles exhibit lowest annual growth
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 continues to remain positive and in-line with typical
mid-autumn recruitment trends recorded in recent years,” said Jesse
Harriott, senior vice president and chief knowledge officer at Monster
Worldwide. "While recruitment activity continues across a broad range of
sectors, the current outlook on hiring as we approach 2012 remains
cautious with continued business and economic uncertainty."
Monster Employment Index U.S. results for the past 18 months are as
follows:
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Jun 10
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Jul 10
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Aug 10
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Sep 10
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Oct 10
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Nov 10
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Dec 10
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Jan 11
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Feb 11
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Mar 11
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Apr 11
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May 11
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Jun 11
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Jul 11
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Aug 11
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Sep 11
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Oct 11
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Nov 11
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Y-O-Y
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141
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138
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136
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138
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136
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134
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130
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122
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129
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136
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145
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143
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146
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144
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147
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148
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151
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147
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10%
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Industry Year-over-year Trends: 15
of the 20 industries monitored by the Index showed positive annual
growth trends.
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Agriculture, forestry, fishing and hunting (up 39 percent)
replaced Mining, Quarrying, Oil and Gas extraction (up 35
percent) as the top growth sector in November
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Transportation and Warehousing (up 31 percent) exhibited
notable expansion in online recruitment indicating an increase in
commerce activity
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Retail Trade (up 13 percent) and Manufacturing (up 16
percent) continued to register positive annual growth, albeit at an
eased pace from the seasonal expansion recorded in October
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Educational Services (down 9 percent) fell into negative growth
with reduced opportunities across all levels, from elementary to
university
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Public Administration (down 21 percent) continued to record the
steepest decline in November
Top Growth Industries
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Year-over-year Growth
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Nov 10
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Nov 11
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% Growth Y-o-y
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Agriculture, Forestry, Fishing, and Hunting
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165
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230
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39%
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Mining, Quarrying, Oil and Gas Extraction
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199
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268
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35%
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Transportation and Warehousing
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161
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211
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31%
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Other Services
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178
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215
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21%
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Information
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81
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96
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19%
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Lowest Growth Industries
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Year-over-year Growth
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Nov 10
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Nov 11
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% Growth Y-o-y
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Accommodation and Food Services
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102
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100
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-2%
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Real Estate, Rental and Leasing
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59
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57
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-3%
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Construction
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194
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186
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-4%
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Educational Services
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90
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82
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-9%
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Public Administration
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189
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149
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-21%
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Occupation Year-over-year Trends:
Annual
online demand for workers rose in 20 of 23 occupational categories in
November.
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Personal care and service (up 65 percent) recorded the highest
growth in November
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Computer and Mathematical (up 19 percent) saw continued demand
for software engineers and network technicians
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Protective Service (down 29 percent) continued to record the
weakest long-term trend among occupations
Top Growth Occupations
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Year-over-year Growth
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Nov 10
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Nov 11
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% Growth Y-o-y
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Personal Care and Service
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43
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71
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65%
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Transportation and Material Moving
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104
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145
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39%
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Architecture and Engineering
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85
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115
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35%
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Installation, Maintenance, and Repair
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138
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169
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22%
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Computer and Mathematical
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103
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123
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19%
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Lowest Growth Occupations
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Year-over-year Growth
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Nov 10
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Nov 11
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% Growth Y-o-y
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Building, Grounds Cleaning, and Maintenance
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114
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117
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3%
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Healthcare Practitioners and Technical
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159
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163
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3%
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Construction and Extraction
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115
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113
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-2%
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Education, Training, and Library
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125
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116
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-7%
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Protective Service
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83
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59
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-29%
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Geographic year-over-year Trends:
All
28 metro markets recorded positive annual growth in October
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Cincinnati (up 36 percent) replaced Orlando as top growth
market with emerging demand for engineering, management and office and
administrative positions
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Indianapolis (up 31 percent) recorded recruitment trends
similar to Cincinnati
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Los Angeles (up 4 percent) replaced New York as the slowest
growth market in November; however occupationally saw relatively
robust growth across most categories except education and healthcare
Top Growth Metro Markets
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Year-over-year Growth
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Nov 10
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Nov 11
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% Growth Y-o-y
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Cincinnati
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78
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106
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36%
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Indianapolis
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89
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117
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31%
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Detroit
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101
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128
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27%
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Cleveland
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103
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130
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26%
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Baltimore
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50
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63
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26%
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Lowest Growth Metro Markets
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Year-over-year Growth
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Nov 10
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Nov 11
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% Growth Y-o-y
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Denver
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101
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111
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10%
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Phoenix
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75
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80
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7%
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Boston
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79
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84
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6%
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New York City
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83
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88
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6%
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Los Angeles
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69
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72
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4%
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International Trends:
-
Monster Employment Index Europe registered a sustained 14
percent annual growth rate in November. The engineering sector
continued to lead the index for the third consecutive month while
education registered an annual decline for the first time since
mid-2010. Germany, up 30 percent, continued to lead all countries in
annual growth
-
Monster Employment Index India recorded a 12 percent increase
year-over-year in October. Import/ Export, followed by IT, led all
industrial sectors
To obtain a full copy of the Monster Employment Index U.S. report for
November 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 December 2011 will be released on January 6, 2012.
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.
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