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European Online Recruitment Increases 26% Year-over-Year

European Online Recruitment Increases 26% Year-over-Year Most Rapid Pace During Current Cycle, Reports Monster Employment Index
 
March 2011 Index Highlights:
The Monster Employment Index Europe records 26% year-over-year growth, the most rapid pace seen during the current economic cycle
Industrial production related sectors lead the Index in annual growth in March with a 64% rise in production, manufacturing, maintenance and repair
Financial services sector notes positive recruitment trends in March, growing five percent on an annual basis
Arts, entertainment, sports, leisure continues to decline and remains the only sector to chart a substantial year-over-year decline 
Germany continues to lead all countries in annual growth, at 45%
 
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. 
 
Manufacturing and exports remain a key driver of recruitment across the continent, highlighted through strong growth within industry-related sectors in this months Index, commented Alan Townsend, Vice President of Business Operations at Monster Europe. In contrast, it is still very apparent that household and government spending trends are continuing to weigh on recruitment activity across the arts and public sector industries, while business and professional services mainly trend higher.

Mar 10

Apr 10

May 10

Jun 10

Jul 10

Aug 10

Sep 10

Oct 10

Nov 10

Dec 10

Jan 11

Feb 11

Mar 11

Y-O-Y GROWTH

104

108

112

114

115

115

117

122

122

122

116

125

131

26%
 
Industry Year-over-year Trends: 22 of the 24 industry sectors monitored by the Index between February and March showed positive annual growth trends.
 
Production, manufacturing, maintenance, repair (up 64%) continued to lead all sectors in the Index, with upward trends in recruitment for this sector most apparent in Germany as well as Italy and Netherlands
 
Accounting, audit, taxes (up 14%), one of the more moderate trending sectors during the economic recovery, registered a substantial rise in online recruitment levels in March
 
Banking, finance, insurance (up five percent) exhibited some gains in online demand, contrasting with its one percent increase in February, reflecting positive sector recruitment developments across a number of countries, including Belgium, France, Italy, and Netherlands
 
Engineering (up 42%) charted further rise in annual growth, reflecting an increasingly competitive hiring climate for technically advanced professionals as industrial production and design activity across Europe continued to grow
 
Arts, entertainment, sports, leisure (down 20%) was the only sector to register an annual decline in the Index combined with slowed annual growth for Sales (up seven percent), suggesting household discretionary spend remains limited
 
Top Growth Industries

Year-over-year Growth

Mar 10

Mar 11

%

Production, manufacturing, maintenance, repair

145

238

64%

Transport, post and logistics

102

162

59%

Engineering

107

152

42%

Hospitality and tourism

172

243

41%

Real estate

92

122

33%
 
Lowest Growth Industries

Year-over-year Growth

Mar 10

Mar 11

%

Sales

100

107

7%

Public sector, defence, community

81

87

7%

Banking, finance, insurance

84

88

5%

Legal

118

121

3%

Arts, entertainment, sports, leisure

139

111

-20%
 
 
Occupation Year-over-year Trends: All nine occupational groups monitored by the Index registered positive growth.
 
Plant and machine operators and assemblers (up 61%) led all occupational groups in annual growth in March, aligned with trends seen in the Production, manufacturing, maintenance, repair sector, the groups largest employer.
 
Elementary occupations (up 47%) registered a steep acceleration in annual growth rate, indicating an upswing in underlying drivers for entry-level and lower-skilled job openings across the region
Service and sales workers (up 34%) continued to exhibit over 30% annual growth despite moderating growth trends in the retail segment
 
Top Growth Occupations

Year-over-year Growth

Mar 10

Mar 11

%

Plant and machine operators, and assemblers

74

119

61%

Craft and related trades workers

129

206

60%

Elementary occupations

121

178

47%
 
Lowest Growth Occupations

Year-over-year Growth

Mar 10

Mar 11

%

Skilled agricultural and fishery workers

158

189

20%

Technicians and associate professionals

104

122

17%

Legislators, senior officials & managers

104

115

11%
 
Country Highlights:
 
Belgium: Belgium recorded a positive annual growth rate of 18%. Public sector, defence and community exhibited further gains on the month while Banking, finance, insurance charted the most substantial upward swing in annual growth compared to February rates. The Flemish region continued to lead all regions in terms of annual growth.
 
France: The Monster Employment Index France year-over-year accelerated to 21%, from 19% in February. Research and development was the top performing industry sector in terms of annual growth while recovery in the financial sector was strong. Regionally Ile de France noted the strongest annual climb opportunities were up 30%.
 
Germany: Germany remained among the top trending European countries by measure of annual growth, at 45%. Transport, post and logistics noted the sharpest annual increase opportunities were up 115 percent. Baden-Wrttemberg also grew 66% year-over-year and reported its highest March level since 2008.
 
Italy: Italy recorded continued positive year-over-year growth in online recruitment activity, registering annual gains of 15% in March. Marketing, PR and media registered the greatest rise across industry sectors in online job demand, with an increase of 55% year-over-year, while government-funded industry sectors such as education, healthcare, public sector and urbanism remained sluggish compared to activity observed a year ago.
 
Netherlands: The Monster Employment Index Netherlands exhibited accelerated annual growth in March, with year-over-year gains of eight percent. Transport, post and logistics led all industries with annual growth at 43%. Improved recruitment trends across Banking, finance, insurance, and Accounting, audit, taxes also suggested some improvement in hiring and job creation rates for the overall financial service segment.
 
Sweden: Sweden recorded an annual growth rate of 22% in March. Banking, finance, insurance was a key growth driver in the March Index and maintained relatively robust annual gain. Engineering and IT continued to exhibit the most rapid rates of annual growth in the Index while Hospitality and tourism momentum dissipated, with annual growth going flat in March.
 
UK: Online job opportunities in the UK remained positive as March saw an increase of nine percent year-over-year. The demand for skilled craft and tradesmen grew by 24% year-over-year and four per cent on the month. Technical sectors were the strongest performers in online recruitment engineerings annual growth rate accelerated, while IT and Research and development maintained robust gains. Banking and the Public sector also saw the biggest decline in opportunities in March, declining seven and six percent respectively on the year.

Top Growth Countries

Year-over-year Growth

Mar 10

Mar 11

%

Germany

104

151

45%

Sweden

132

161

22%

France

114

138

21%

Lowest Growth Countries

Year-over-year Growth

Mar 10

Mar 11

%

Italy

126

145

15%

UK

126

137

9%

Netherlands

88

95

8%

 
International Trends:
 
Monster Employment Index US annual growth rate accelerated to nine percent in March, marking fourteenth month of consecutive year-over-year growth. Mining, quarrying, oil and gas extraction, and utilities continue to lead the Index on an annual basis with an increase of 68 percent and 35 percent respectively, while all US metro markets monitored by the Index continued to record positive year-over-year growth.
 
Monster Employment Index India continued to record double-digit annual growth rate at 16 percent in March, with year-over-year trends remaining positive for the sixth consecutive month. Strong demand was recorded in the Petroleum, Oil and Gas industry while Mumbai recorded strongest growth amidst the large metro markets.
 
To obtain a full copy of the Monster Employment Index report for March 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 April 2011 will be released on May 10, 2011.
 
By Industry

INDUSTRY

2010

2011

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Jan

Feb

Mar

Accounting, audit, taxes

87

87

89

88

90

92

91

94

92

92

91

93

99

Administrative, organisation

89

92

95

97

96

94

94

98

98

97

95

102

107

Agriculture, fishing and forestry

106

122

125

122

116

114

104

116

112

101

90

109

125

Arts, entertainment, sports, leisure

139

132

138

135

121

107

104

107

104

108

105

106

111

Automotive

103

111

115

107

118

117

106

107

113

109

101

113

117

Banking, finance, insurance

84

84

87

87

87

87

85

87

85

84

80

83

88

Construction and extraction

109

114

116

119

124

125

126

126

126

122

113

122

129

Education, training  and library

178

177

198

209

192

180

183

199

207

215

192

211

200

Engineering

107

109

112

114

117

119

122

128

130

134

130

143

152

Environment, architecture and urbanism

87

87

89

90

88

87

97

95

99

98

91

93

95

Healthcare, social work

519

550

546

552

566

551

594

600

572

576

575

612

635

Hospitality and tourism

172

192

197

204

200

191

215

217

221

212

195

217

243

HR

85

86

88

86

86

85

85

87

86

88

85

90

93

IT

83

84

86

86

88

88

89

92

94

94

93

97

100

Legal

118

116

122

117

114

112

117

117

118

118

111

121

121

Management and consulting

100

103

106

103

105

105

107

109

111

109

109

109

113

Marketing, PR and media

133

132

134

133

127

127

128

133

131

136

131

136

144

Production, manufacturing, maintenance, repair

145

156

162

172

187

190

200

208

212

209

200

218

238

Public sector, defence, community

81

80

83

86

86

85

85

89

88

87

81

84

87

Real estate

92

93

92

90

96

102

94

102

100

103

104

111

122

Research and development

101

102

105

104

108

105

105

109

111

111

107

115

118

Sales

100

100

104

104

100

100

102

105

103

103

97

106

107

Telecommunications

76

79

79

79

78

78

82

89

88

88

86

97

99

Transport, post and logistics

102

108

119

125

136

138

143

150

150

151

144

150

162
 
By Occupation

OCCUPATIONS

2010

2011

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Jan

Feb

Mar

Managers

104

104

109

108

105

101

102

105

103

114

112

113

115

Professionals

108

108

113

113

114

114

116

121

121

122

117

126

131

Technicians and associate professionals

104

107

110

111

111

110

111

116

112

113

108

116

122

Clerical support workers

113

120

126

126

122

121

125

130

128

127

123

133

138

Service and sales workers

213

226

235

244

245

242

257

258

265

260

234

265

286

Skilled agricultural, forestry and fishery workers

158

183

191

188

175

174

159

179

172

153

136

164

189

Craft  and related workers

129

138

143

149

160

163

174

181

183

180

172

190

206

Plant and machine operators, and assemblers

74

79

84

91

99

100

101

105

110

108

100

110

119

Elementary occupations

121

131

137

146

160

164

165

165

169

166

153

162

178
 
By Region

REGION

2010

2011

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Jan

Feb

Mar

Belgium

102

108

113

106

108

105

106

108

110

110

101

113

120

France

114

116

127

122

127

116

116

135

133

134

124

136

138

Germany

104

110

111

116

122

124

128

131

135

134

133

139

151

Italy

126

129

131

133

135

132

127

134

148

152

135

134

145

Netherlands

88

88

95

96

95

91

86

90

92

92

89

90

95

Sweden

132

137

142

141

132

123

134

140

150

152

143

163

161

United Kingdom

126

121

130

131

129

130

131

138

130

133

128

139

137
 

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