European Online Recruitment Up 21% Year-over-Year

European Online Recruitment Up 21% Year-over-Year, Reports Monster Employment Index

May 2011 Index Highlights:

· The Monster Employment Index Europe demonstrates 21 percent year-over-year growth in May

· Germany continues to lead all countries in annual growth for the sixth consecutive month

· Industrial production sectors like production, manufacturing, maintenance, and repair; and transport, post and logistics continue to lead the Index

· The public sector, defence and community sector declines slightly in May

The Monster Employment Index Europe is a monthly analysis of millions of online job opportunities culled from a large, representative selection of corporate career sites and job boards across Europe, including Monster. 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 Monster European Employment Index has remained positive since May 2010, currently maintaining a healthy 21% growth over last year. It is encouraging to see industrial production is still continuing to drive online recruitment,” commented Alan Townsend, Vice President of Sales Readiness and Business Operations for Monster Europe. “The decline in public sector activity contrasts to the slight growth of previous months and will be interesting to monitor in terms of continuing calls for government cuts to services across this sector.”

Industry Year-over-year Trends: 21 of the 24 industry sectors monitored by the Index in May showed positive annual growth trends.

Transport, post and logistics (up 53 percent) continued to lead all industries in terms of annual growth, alongside Production, manufacturing, maintenance and repair (up 53 percent)

Telecommunication (up 43 percent) charted continued acceleration in annual growth, aligned with an increase in advertised opportunities across Central and Eastern Europe

Public sector, defence, community (down one percent) and Legal (down three percent) declined on an annual basis, after charting more positive trends during the preceding months

Arts, entertainment, sports, leisure (down 18 percent) continued to lead all sectors down, in May

Top Growth Industries

Lowest Growth Industries

Occupation Year-over-year Trends: All nine occupational groups monitored by the Index in May maintained positive annual growth.

Craft and related workers (up 55 percent) maintained the highest annual growth of all occupations for the second consecutive month

Elementary occupations (up 31 percent) saw a slight slowdown in annual growth pace, but still kept a steady lead against other sectors

Technicians and associate professionals (up 15 percent) held a constant level of annual growth, where recruitment trends for the occupational group were strong across engineering and IT, as well as healthcare and sales

Managers (up four percent) expanded at a more moderate annual pace than last month, and reflected the most reserved growth of all occupations

Top Growth Occupations

Lowest Growth Occupations

Country Highlights:

Belgium: Belgium recorded a positive annual growth rate of five percent; a moderate result when compared with April. HR once again led all industry sectors in annual growth, while IT also exhibited strong annual growth. The Walloon region again registered the most rapid annual growth across all regions.

France: The Monster Employment Index France was up 13 percent year-over-year. The legal sector registered gains, with annual growth swinging to a positive pace. Production, manufacturing, maintenance and repair was the highest performing sector year-over-year, registering its highest level for this time of year since the Monster Employment Index began. In comparison, managerial occupations experienced a slowdown in growth momentum when compared to April’s heated pace of expansion in available opportunities.

Germany: Germany’s job market continued to grow in May, with a 42 percent increase year-over-year. Education (up 77 percent) continued to increase at an accelerated pace while hospitality and tourism (up 86 percent) also exhibited significant growth and is now the second-fastest growing sector in the Index by annual measure. Baden Wurttemberg led all regions in annual growth.

Italy: Italy reported annual growth at 11 percent in May. Marketing, PR and media (up 48 percent) continued to lead all industries for a third consecutive month, while annual growth rates slowed for production and transport.

Netherlands: The Monster Employment Index Netherlands charted three percent annual growth in May. Hospitality and tourism noted further gains in annual growth, reflecting strong seasonal hiring. IT and Engineering were among the few technical and professional service sectors to exhibit relatively steady annual growth while Legal and Research and development were among the sectors to slide. Noord-Brabant led the larger regions in online recruitment growth over the year.

Sweden: Annual growth rate continued to remain positive, rising 20 percent year-over-year in May. Engineering meanwhile rose significantly year-over-year despite a deceleration when compared to April’s figure. Education, training and library registered a notable rise in annual growth pace, with a substantial expansion in opportunities for professional occupations. Sydsverige med Öarna is the top region in the Index by measure of annual growth.

UK: The Monster Employment Index UK recorded annual gains of five percent. Transport, post and logistics continued to top all sectors measured by the Index, with a 36 per cent increase in job posts year-over-year. Job opportunities in London were up two percent year-over-year, placing it only slightly ahead of its position in the Index last year. May’s Index revealed that online job posts in Engineering saw an increase of 26 per cent year-over-year.

Top Growth Countries

Lowest Growth Countries

International Trends:

Monster Employment Index US annual growth rate was at seven percent in May, marking the 16th consecutive month of positive year-over-year growth. Mining, quarrying, oil and gas extraction; and utilities continued to lead the Index on an annual basis. The healthcare and social assistance sector remained positive, driven primarily by solid growth for healthcare support workers

Monster Employment Index India recorded a 12 percent increase year-over-year in May, with Oil/gas/petroleum, power; and retail leading all industry sectors in annual growth

To obtain a full copy of the Monster Employment Index report for May 2011, and to access current individual data charts for each of the seven European markets tracked, please visit http://about-monster.com/employment/index/17. Data for the month of June 2011 will be released on July 12, 2011.