Germany Continues to Lead European Online Recruitment, According to the Monster Employment Index
GermanyContinues to Lead European Online Recruitment, According to the Monster Employment Index
The Monster Employment Index Europe demonstrates a year-over-year growth of 14 percent in November, matching October's growth rate
* Germany is the only country to exhibit strong annual growth of 30 percent, followed by improvement in the UK, which records eight percent growth
* Other countries tracked by the Index, including Belgium, France,
Italy, Netherlands and Sweden, have recorded decelerating trends since the summer with Belgium, Italy and Netherlands now exhibiting negative annual growth
* Engineering remains the star performer of all industries across
Europefor the third consecutive month by rate of annual growth
* Public sector matches last month's rate of annual decline and remains the most negatively trending sector Education and Management and consulting also register annual declines on the year
The Monster Employment Index <http://www.about-monster.com/employment-index>
Europe is a monthly gauge of 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 across Europe. 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 MEI exhibits sustained online recruitment activity this month, bolstered by continued strength in Germany. Recruitment patterns are adhering to the downward trends typically observed in the Index for the end-of-year months and there are also growing challenges across the European economy," commented Alan Townsend, Vice President of Sales Readiness and Business Operations for Monster Europe. "Consequently, it is not surprising to see this level of decelerating growth across Europe."
Industry Year-over-year Trends: 20 of the 24 industry sectors monitored by the Index in November exhibited positive annual growth trends.
* Engineering (up 32 percent) continued to lead all industries for the third consecutive month, albeit at a slightly reduced rate of growth
* Transport, post and logistics (up 30 percent) and Production, manufacturing maintenance and repair (up 26 percent) decelerated from levels in October, in-line with a more tempered pace of expansion in manufacturing-related economic activity
* Telecommunication (up 30 percent) edged up in the industry rankings to claim third position by measure of annual growth, where sector demand was most prevalent across sales and support roles
* Management and consulting (down three percent) and Education, training, library (down two percent) slipped into negative growth this month to join Public sector (down nine percent). Education was previously positive for every month since August 2010
* Arts, entertainment, sports, leisure (up six percent) reversed last month's trend and registered a degree of pick-up in recruitment activity in November. Similarly, Sales (up eight percent) noted elevated activity heading into the final months of 2011
Occupation Year-over-year Trends: All nine occupational groups monitored by the Index in November continued to exhibit positive growth trends.
* Craft and related trades (up 35 percent) matched last month's rate of annual growth, reflecting steady positive conditions for this occupation with demand originating from production and construction
* In contrast, Plant and machine operators and assemblers (up three percent) registered the most moderate growth, primarily due to reduced recruitment for additional factory floor workers in the production sector
* Elementary (up 16 percent) and Service and sales workers (up 15 percent) held on to their respectivesecond and third place rankings by measure of annual growth in November.
The full monthly Monster Employment Index reports for Belgium, France, Germany, Italy, the Netherlands, Sweden and the United Kingdom will be made available on Tuesday, 13th December at 06:00 CET at: http://about-monster.com/employment/index/17.
Data for the month of December 2011 will be released on January 6, 2012.