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Online Job Opportunities Grow in Engineering and IT, According to Monster Employment Index

Online Job Opportunities Grow in Engineering and IT, According to Monster Employment Index

January 2012 Index Highlights:

The Monster Employment Index UK registers an annual rise in online job availability of just one percent in January

Engineering (up 24 percent) and IT (up 19 percent) remain the top two growth sectors by measure of annual growth

Financial services and the Public sector continue to counterbalance overall gains, each registering declines in online recruitment activity year-over-year

Construction, environment and architecture and Research and Development note declines in annual growth

The Midlands leads all regions in recruitment growth over the year, while Wales is the only region to chart a decline

The Monster Employment Index UK 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 websites 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 economic uncertainties across Europe seem to be taking their toll on the British labour market, which is reflected in the UK Index this month. While the Index still registers annual gains of one percent in January, the rate of growth has slowed down from the six percent pace in December,” comments Michael Gentle, Monster UK & Ireland spokesperson. “Despite this, companies are still actively hiring, with opportunities for professionals in a number of sectors like Engineering and IT.”

Industry Year-over-year Trends: 12 of the 21 industry sectors monitored by the Index exhibited annual growth in January.

Engineering (up 24 percent) maintained its position at the top of the sector rankings for the second consecutive month followed by IT (up 19 percent), where online job opportunities increased for technician and associate level workers

Research and Development (up two percent) charted the most dramatic deceleration in annual growth of all sectors, slowing from the 19 percent increase in December, while Construction and extraction (up nine percent) recorded similar reductions in online job demand but still remained among the top growth sectors

Arts, entertainment, sports, leisure (up 11 percent) moved into the top five growth sectors this month due in part to the availability of temporary positions

Annual declines across large recruitment sectors such as Banking and Accounting, audit, taxes  (both down three percent), Public sector, defence, community and Healthcare (both down two

percent) and Education (down five percent) continued to impact the overall annual trend of the Index

Occupation Year-over-year Trends: Five of the nine occupational groups monitored by the Index recorded annual growth in the January Index.

Craft and related workers (up 21 percent) and Plant and machine operators and assemblers (up 18 percent) remained the highest performing sectors year-over-year but registered deceleration in long-term growth, reflecting the recent downturn of the production sector

Service and sales recorded flat annual growth in January compared to the one percent increase in December

Elementary occupations (down 21 percent) exhibited the lowest performance year-over-year this month


Geographic year-over-year Trends: Six of the nine UK regions registered annual gains in online recruitment this month, with two regions exhibiting a flat growth rate.

The Midlands (up 19 percent) experienced further growth in online recruitment activity in January, and became the top performing region this month

London (up five percent) noted slower annual growth than in December, weighed down by declines in financial services and the public sector. Despite this, growth is still stronger in the Capital than the national average

Growth in online job opportunities in the South West (up seven percent) slowed more than in any other region, while Wales (down two percent) was the only region to note a decline this month. 


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