Monster Employment Index U.S. Up 5% on Annual Basis
Monster Employment Index U.S. Up 5% on Annual Basis
Business Wire
NEW YORK -- April 06, 2012
Monster Worldwide, Inc. (NYSE: MWW):
March 2012 Index Highlights:
* Monster Employment Index U.S. shows annual growth of 5 percent in March,
an eased pace from the 11 percent annual growth recorded in February
* Index holds steady from February levels on a monthly basis
* Commerce activity continues to maintain steady momentum with
transportation and warehousing, retail and wholesale trade recording solid
annual growth rates
* Public administration remains the weakest trending sector in the Index,
dropping 16 percent on an annual basis
* All metro markets tracked by the Index continue to exhibit positive annual
growth
The Monster Employment IndexU.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:
Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Y-O-Y
10 10 10 11 11 11 11 11 11 11 11 11 11 11 11 12 12 12 GROWTH
136 134 130 122 129 136 145 143 146 144 147 148 151 147 140 133 143 143 5%
Industry Year-over-year Trends: 16 of the 20 industries monitored by the Index
showed positive annual growth trends.
* Transportation and Warehousing (up 32 percent) remained the top growth
position, aligning with other indicators of relatively strong commerce
activity to begin the year
* Retail trade (up 18 percent)and Wholesale Trade (up 13 percent)continued
to drive growth in the Index in March although at a milder pace than
seasonally recorded
* Information (up 16 percent) rose notably with growth in traditional
computer specialist positions like software engineers, systems architects,
and developers
* Arts, Entertainment, and Recreation (down three percent) turned negative
following five consecutive months of positive year-over-year growth
* Public Administration (down 16 percent) continued to record the steepest
decline among industries in March
Top Growth Industries
Year-over-year Growth Mar Mar % Growth
11 12 Y-o-y
Transportation and Warehousing 159 210 32%
Agriculture, Forestry, Fishing and Hunting 191 230 20%
Retail Trade 142 167 18%
Information 82 95 16%
Wholesale Trade 159 179 13%
Lowest Growth Industries
Year-over-year Growth Mar Mar % Growth
11 12 Y-o-y
Management of Companies and Enterprises 105 109 4%
Arts, Entertainment, and Recreation 38 37 -3%
Educational Services 89 81 -9%
Utilities 146 132 -10%
Public Administration 159 134 -16%
Occupation Year-over-year Trends:Annual online demand for workers rose in 20
of 23 occupational categories in March.
* Transportation and Material Moving (up 31 percent) registered the highest
annual growth in March
* Computer and Mathematical (up 15 percent) continued to remain amidst the
top growth occupations with demand for IT specialist positions expanding
as indicated by the broader Information sector
* Education, Training and Library (down six percent) recorded the slowest
annual growth as the Education services sector returned to a state of
annual decline in March
Top Growth Occupations
Year-over-year Growth Mar Mar % Growth
11 12 Y-o-y
Transportation and Material Moving 101 132 31%
Building, Grounds Cleaning, and Maintenance 115 134 17%
Healthcare Support 217 252 16%
Personal Care and Service 69 80 16%
Computer and Mathematical 106 122 15%
Lowest Growth Occupations
Year-over-year Growth Mar Mar % Growth
11 12 Y-o-y
Arts, Design, Entertainment, Sports and Media 89 91 2%
Installation, Maintenance, and Repair 163 165 1%
Production 125 125 0%
Military Specific 155 152 -2%
Education, Training, and Library 125 117 -6%
Geographic year-over-year Trends:All 28 metro markets recorded positive annual
growth in March
* Baltimore (up 27 percent)continued to lead all metro markets in terms of
annual growth
* Portland (up 18 percent) climbed to the top five growth markets with
positive momentum shifts in job posting activity across multiple sectors
including management, computer and mathematical, arts/ design and
construction
* The state of Texas maintained a relatively steady growth pace between
February and March, but its largest metro markets, Houston (up 15 percent)
and Dallas (up 14 percent), registered some momentum losses despite
recording growth in the sciences, computer/mathematical, and production
occupations
Top Growth Metro Markets
Year-over-year Growth Mar Mar % Growth
11 12 Y-o-y
Baltimore 49 62 27%
Orlando 59 72 22%
Indianapolis 92 109 18%
Portland 90 106 18%
Atlanta 94 109 16%
Lowest Growth Metro Markets
Year-over-year Growth Mar Mar % Growth
11 12 Y-o-y
New York City 83 89 7%
Detroit 109 116 6%
San Francisco 78 83 6%
Los Angeles 69 73 6%
Boston 80 84 5%
International Trends:
* Monster Employment Index Europe demonstrates a year-over-year growth of
eight percent in March, slightly reduced compared to the ten percent
uptick registered in February. Germany continues to register double digit
annual growth, at 23 percent, while the UK and Sweden demonstrate improved
growth year-over-year but at significantly lower rates. Telecommunication
matches Environment, architecture, urbanism by measure of annual growth to
lead all industries, while the Public sector continues to register the
lowest growth in March
* Monster Employment Index India recorded a one percent decline
year-over-year in February. NGO/ Social services recorded strongest
growth, while Consumer goods/ FMCG, Food and Packaged Food sectors also
exhibited robust year-over-year growth. Media & Entertainment recorded the
steepest annual decline, dropping 17 percent on a year-over-year basis.
To obtain a full copy of the Monster Employment Index U.S. report for March
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 April will be released on May 4, 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 activityconducted 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 - News), 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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Contact:
Monster Worldwide
Deepika Murty, 978-461-8765
Deepika.Murty@monster.com
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