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Monster Employment Index Rises 6% Year-over-Year
By Business Wire
Article Rating:
September 7, 2012 12:01 AM EDT
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 664

Monster Worldwide, Inc. (NYSE: MWW):

August 2012 Index Highlights:

  • Monster Employment Index U.S. grows 6 percent annually in August and rises 6 percent month-over-month
  • Agriculture, forestry, fishing, and hunting continues to lead all sectors in recruitment growth alongside transportation and warehousing. Retail trade recruitment rebounded in August, aligning with seasonal consumer patterns
  • Public administration (down 16 percent) and educational services (down three percent) continue to drag down the index with negative year-over-year growth
  • Among the metro markets tracked by the Index, Houston maintains momentum, while San Francisco eases

The Monster Employment Index U.S. is a monthly gauge of U.S. online job posting activity 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.

 

Monster Employment Index U.S. results for the past 18 months are as follows:

                                                                                                             

Mar
11

   

Apr
11

   

May
11

   

Jun
11

   

Jul
11

   

Aug
11

   

Sep
11

   

Oct
11

   

Nov
11

   

Dec
11

   

Jan
12

   

Feb
12

   

Mar
12

   

Apr
12

   

May
12

   

Jun
12

   

Jul
12

   

Aug
12

   

Y-O-Y
GROWTH

136     145     143     146     144     147     148     151     147     140     133     143     143     146     147     153     147     156     6%
                                                                       

Industry Year-over-year Trends: 18 of the 20 industries monitored by the Index showed positive annual growth trends.

  • Agriculture, forestry, fishery, and hunting (up 13 percent) finished atop the sector rankings with the transportation and warehousing (up 13 percent) sector holding onto its second-place standing
  • Educational Services (down three percent) recorded the largest growth month-over-month among all sectors yet still registered a net decline on the year
  • Administrative support (up ten percent) reached its highest level in nearly 4 years in August
  • Retail Trade (up ten percent) rebounded from July’s somewhat muted level, which aligns with the sector’s general seasonal trend as retailers staff up for the back-to-school period
  • Public administration (down 16 percent) continued to chart the steepest annual decline in the Index
           

Top Growth Industries

                   
Year-over-year Growth    

Aug
11

   

Aug
12

   

% Growth
Y-o-y

Agriculture, Forestry, Fishing, and Hunting     202     228     13%
Transportation and Warehousing     197     222     13%
Manufacturing     106     118     11%
Wholesale Trade     160     177     11%
Administrative Support     59     65     10%
 

Lowest Growth Industries

                   
Year-over-year Growth    

Aug
11

   

Aug
12

   

% Growth
Y-o-y

Accommodation and Food Services     94     97     3%
Management of Companies and Enterprises     112     114     2%
Utilities     138     140     1%
Educational Services     95     92     -3%
Public Administration     163     137     -16%
           

Occupation Year-over-year Trends: Annual online demand for workers rose in 19 of 23 occupational categories in August.

  • Legal (up 25 percent) registered the highest annual growth in August
  • Production (down two percent) and military specific (down two percent) recorded the weakest annual trends
           

Top Growth Occupations

                   
Year-over-year Growth    

Aug
11

   

Aug
12

   

% Growth
Y-o-y

Legal     114     142     25%
Building, Grounds Cleaning, and Maintenance     118     143     21%
Architecture and Engineering     112     129     15%
Healthcare Practitioners and Technical     167     190     14%
Business and Financial Operations     155     176     14%
 

Lowest Growth Occupations

                   
Year-over-year Growth    

Aug
11

   

Aug
12

   

% Growth
Y-o-y

Protective Service     68     69     1%
Personal Care and Service     78     78     0%
Education, Training, and Library     134     133     -1%
Military Specific     161     158     -2%
Production     137     134     -2%
           

Geographic year-over-year Trends: All 28 metro markets recorded positive annual growth in August.

  • Houston (up 15 percent) continued to lead all metro markets in terms of annual growth with notable momentum gains in occupational categories like architecture/engineering and computer/mathematical during the latest month
  • Orlando (up 14 percent) made a return to the top 5 list when ranking metros by annual growth. Life, physical, and social sciences is now charting a notably positive upward trajectory, reflecting increased opportunities in the bioscience field
  • San Francisco (up six percent) charted a slowdown, which has been consistent with eased growth rates on the West Coast, specifically in California’s major metros
           

Top Growth Metro Markets

                   
Year-over-year Growth    

Aug
11

   

Aug
12

   

% Growth
Y-o-y

Houston     136     157     15%
Dallas     118     136     15%
Orlando     69     79     14%
Chicago     97     111     14%
Indianapolis     109     124     14%
 

Lowest Growth Metro Markets

                   
Year-over-year Growth    

Aug
11

   

Aug
12

   

% Growth
Y-o-y

San Francisco     88     93     6%
Minneapolis     117     123     5%
Cleveland     128     134     5%
Pittsburgh     177     184     4%
Seattle     127     132     4%
           

International Trends:

  • Monster Employment Index Europe demonstrated an annual reduction in online recruitment for the first time since April 2010, declining by one percent in August. More than half of all industries exhibited annual growth with Germany (up seven percent) and the UK (up one percent) as the only two regions to report year-over-year growth in August.
  • Monster Employment Index India rises five percent from a year ago in August. Shipping/Marine continues to record the highest growth, while the printing and packaging sector also records strong annual growth.
 

By Region

                                                         
    2011   2012   YoY
  Aug   Sep   Oct   Nov   Dec   Jan   Feb   Mar   Apr   May   Jun   Jul   Aug  
New England   130   127   132   129   124   116   123   121   124   125   131   127   135   4%
Mid-Atlantic   128   127   131   128   122   117   126   124   127   126   131   128   133   4%
East North Central   142   143   148   144   135   128   138   138   142   143   148   145   153   8%
West North Central   153   155   158   155   147   138   148   150   154   156   164   156   164   7%
South Atlantic   141   142   147   144   137   129   139   138   139   140   144   140   149   6%
East South Central   156   158   162   160   154   142   151   153   157   157   163   156   166   6%
West South Central   225   233   238   232   218   207   226   231   232   233   242   239   252   12%
Mountain   137   139   140   138   132   129   135   134   138   141   146   140   147   7%
Pacific   119   120   122   118   115   112   119   118   119   121   125   122   128   8%
                       

By Industry

                                                         
    2011   2012   YoY
  Aug   Sep   Oct   Nov   Dec   Jan   Feb   Mar   Apr   May   Jun   Jul   Aug  
Agriculture, Forestry, Fishing and Hunting   202   213   230   230   238   235   241   230   231   230   229   226   228   13%
Mining, Quarrying and Oil and Gas Extraction   293   281   283   268   257   256   260   271   278   284   290   284   312   6%
Utilities   138   148   134   135   125   122   130   132   137   138   139   138   140   1%
Construction   200   195   186   186   185   186   197   199   207   203   212   210   218   9%
Manufacturing   106   107   109   106   103   90   101   100   104   105   111   110   118   11%
Wholesale Trade   160   161   162   164   167   163   174   179   185   182   180   172   177   11%
Retail Trade   169   170   183   172   157   156   162   167   168   168   175   174   186   10%
Transportation and Warehousing   197   198   207   211   205   188   202   210   219   219   219   217   222   13%
Information   95   109   104   96   95   86   94   95   90   91   92   93   99   4%
Finance and Insurance   55   58   57   55   52   51   57   56   56   59   58   56   60   9%
Real Estate and Rental and Leasing   60   57   57   57   56   54   58   56   55   55   58   60   62   3%
Professional, Scientific, and Technical Services   67   67   68   66   64   62   69   66   67   68   71   70   72   7%

Management of Companies and Enterprises

  112   110   110   112   108   104   113   109   110   112   112   109   114   2%
Administrative, Support, Waste Management, Remediation Services   59   60   62   59   58   55   59   59   60   60   61   61   65   10%
Educational Services   95   89   90   82   78   77   81   81   83   84   86   83   92   -3%
Healthcare and Social Assistance   110   108   109   106   103   101   107   107   111   112   113   113   118   7%
Arts, Entertainment, and Recreation   37   41   46   41   38   36   38   37   39   39   42   41   39   5%
Accommodation and Food Services   94   96   104   100   94   86   92   98   101   100   100   94   97   3%
Other Services   221   211   219   215   208   205   222   217   226   228   239   229   244   10%
Public Administration   163   144   150   149   147   131   131   134   139   132   138   136   137   -16%
                       

By Occupation

                                                         
    2011   2012   YoY
  Aug   Sep   Oct   Nov   Dec   Jan   Feb   Mar   Apr   May   Jun   Jul   Aug  
Management   147   143   147   145   139   135   149   143   143   144   144   141   150   2%
Business and Financial Operations   155   167   159   157   143   142   160   159   164   169   168   160   176   14%
Computer and Mathematical   120   128   128   123   122   114   123   122   117   119   120   120   127   6%
Architecture and Engineering   112   117   115   115   111   104   113   111   113   119   128   126   129   15%
Life, Physical, and Social Science   131   129   129   122   116   116   130   127   136   136   143   138   142   8%
Community and Social Services   227   209   227   215   215   205   216   206   213   217   213   210   231   2%
Legal   114   117   121   116   113   107   118   119   117   122   136   132   142   25%
Education, Training, and Library   134   125   127   116   111   111   116   117   119   118   123   120   133   -1%
Arts, Design, Entertainment, Sports, and Media   94   98   102   96   92   88   92   91   92   94   101   99   100   6%
Healthcare Practitioners and Technical   167   165   167   163   159   157   166   166   174   177   181   180   190   14%
Healthcare Support   231   223   239   225   218   222   243   252   243   236   235   247   260   13%
Protective Service   68   65   65   59   60   62   65   64   65   65   70   67   69   1%
Food Preparation and Serving Related   101   102   114   109   105   100   103   111   113   114   110   109   111   10%
Building, Grounds Cleaning, Maintenance   118   115   115   117   109   116   131   134   138   128   130   137   143   21%
Personal Care and Service   78   74   77   71   67   68   74   80   86   87   77   79   78   0%
Sales and Related   102   104   107   106   96   95   100   102   104   103   107   107   113   11%
Office and Administrative Support   109   114   114   107   102   97   107   109   110   112   115   110   116   6%
Farming, Fishing, and Forestry   166   167   173   180   176   177   184   186   190   188   181   186   176   6%
Construction and Extraction   123   119   113   113   114   115   121   122   128   125   130   129   134   9%
Installation, Maintenance, and Repair   175   169   178   169   161   154   170   165   171   174   182   189   197   13%
Production   137   138   141   134   129   119   127   125   130   129   133   129   134   -2%
Transportation and Material Moving   126   133   142   145   141   123   128   132   138   137   138   136   137   9%
Military Specific   161   158   161   165   162   141   153   152   159   159   164   156   158   -2%
                       

By Local Market

                                                         
    2011   2012   YoY
  Aug   Sep   Oct   Nov   Dec   Jan   Feb   Mar   Apr   May   Jun   Jul   Aug  
Atlanta   108   104   106   105   96   98   112   109   113   110   113   113   119   10%
Baltimore   60   60   63   63   56   50   56   62   62   60   62   62   67   12%
Boston   87   87   88   84   76   72   85   84   88   90   87   88   94   8%
Chicago   97   99   99   97   86   83   96   96   102   100   102   104   111   14%
Cincinnati   103   102   105   106   95   86   98   97   105   104   109   107   111   8%
Cleveland   128   134   132   130   116   108   122   123   127   127   129   131   134   5%
Dallas   118   120   117   119   110   110   122   122   126   126   127   131   136   15%
Denver   111   113   111   111   104   100   113   113   118   117   121   120   122   10%
Detroit   126   126   130   128   113   105   118   116   126   127   133   133   140   11%
Houston   136   142   144   141   130   128   145   145   148   150   154   155   157   15%
Indianapolis   109   112   115   117   106   98   108   109   117   117   120   120   124   14%
Kansas City   111   113   115   112   98   94   104   103   110   113   111   111   123   11%
Los Angeles   76   74   74   72   68   65   73   73   76   76   78   80   83   9%
Miami   79   81   83   85   79   76   85   85   88   85   84   83   85   8%
Minneapolis   117   120   123   121   111   102   113   113   118   124   119   117   123   5%
New York City   90   86   89   88   80   78   89   89   91   90   91   93   96   7%
Orlando   69   70   73   73   64   60   69   72   74   74   76   74   79   14%
Philadelphia   72   70   74   72   61   60   71   70   76   75   76   75   79   10%
Phoenix   78   79   80   80   76   72   79   82   86   85   85   83   84   8%
Pittsburgh   177   176   183   182   169   160   167   172   179   178   183   176   184   4%
Portland   108   106   112   110   97   91   101   106   109   116   114   116   117   8%
Sacramento   85   85   87   84   80   79   85   85   89   89   93   90   93   9%
San Diego   83   84   85   84   80   79   84   84   89   89   91   90   91   10%
San Francisco   88   86   87   85   81   76   84   83   88   88   90   92   93   6%
Seattle   127   124   123   122   116   109   119   123   124   128   129   129   132   4%
St. Louis   133   128   130   130   118   113   122   128   133   135   139   143   144   8%
Tampa   91   89   94   94   87   83   90   95   97   97   100   96   101   11%
Washington, D.C.   61   63   66   62   53   46   58   56   61   59   56   60   69   13%
                       

To obtain a full copy of the Monster Employment Index U.S. report for August 2012, 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 will be released on October 5, 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 posting activity 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 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. 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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Published September 7, 2012 – Reads 664
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