Monster Employment Index Rises 7% Year-over-Year

 

NEW YORK–Monster Worldwide, Inc. (NYSE: MWW):

November 2012 Index Highlights:

• Monster Employment Index U.S. grows seven percent on annual basis in November
• Retail Trade (up 16 percent) leads all sectors in annual growth, while real estate and rental and leasing sector continued to track double-digit growth
• Arts, Entertainment and Recreation and Utilities record negative year-over-year growth, while Management of Companies and Information remain flat
• Among the metro markets tracked by the Index, Los Angeles records top growth, while New York loses momentum

The Monster Employment Index U.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:

Industry Year-over-year Trends: 14 of the 19 industries monitored by the Index showed positive annual growth trends.

• Retail Trade (up 16 percent) accelerated from the 10 percent growth recorded in October, with notable hiring activity for sales professionals and supervisory workers. The sector continues to record escalation in hiring, especially for computer-related and creative positions within the eCommerce segment
• Real Estate and Rental and Leasing (up 14 percent) also recorded accelerated growth in November with increased opportunities across a diverse set of occupations, extending beyond sales and administrative positions
• Finance and Insurance (up nine percent) gained momentum in November, positively impacted by growth in the Real Estate sector
• Administrative, Support and Waste Management (up 12 percent) climbed into the top five growth sectors driven by escalation in recruitment for temporary help workers
• Arts, Entertainment, and Recreation (down two percent) and Utilities (down three percent) were the only industries to record reductions in online job demand over the year

Top Growth Industries

Year-over-year Growth			Nov 11			Nov 12			% Growth Y-o-y
Retail Trade			172			199			16%
Real Estate and Rental and Leasing			57			65			14%
Construction			186			211			13%
Transportation and Warehousing			211			238			13%
Administrative, Support and Waste Management			59			66			12%

Lowest Growth Industries

Year-over-year Growth			Nov 11			Nov 12			% Growth Y-o-y
Management of Companies and Enterprises			112			112			0%
Information			96			96			0%
Agriculture, Forestry, Fishing, and Hunting			230			229			0%
Arts, Entertainment, and Recreation			41			40			-2%
Utilities			135			131			-3%

Occupation Year-over-year Trends: Annual online demand for workers rose in 11 of 23 occupational categories in November.

• Healthcare Practitioners and Technical (up 23 percent) and Architecture and Engineering (up 22 percent) were the top two growth categories in November
• Management (down one percent) and Military-specific (down two percent) were the only two categories to record negative annual growth

Top Growth Occupations

Year-over-year Growth			Nov 11			Nov 12			% Growth Y-o-y
Healthcare Practitioners and Technical			163			201			23%
Architecture and Engineering			115			140			22%
Personal Care and Service			71			85			20%
Legal			116			137			18%
Life, Physical, and Social Science			122			139			14%

Lowest Growth Occupations

Year-over-year Growth			Nov 11			Nov 12			% Growth Y-o-y
Transportation and Material Moving			145			147			1%
Farming, Fishing, and Forestry			180			182			1%
Production			134			135			1%
Management			145			144			-1%
Military Specific			165			161			-2%

Geographic year-over-year Trends: 26 of the 28 metro markets recorded positive annual growth in November.

• Los Angeles (up 21 percent) led all metro markets in terms of annual growth with gains in occupational categories like computer and mathematical, as well as architecture and engineering. Generally positive growth trends also emerged for life/physical/social sciences, legal, and healthcare practitioners

• New York (up six percent) registered a slowdown month-over-month, with recruitment activity likely being impacted by extreme weather events at the end of October. The sales and related category recorded the most notable loss of momentum while construction and installation/maintenance/repair recorded growth, likely temporary
• Orlando (down one percent) became the first metro market to chart reductions in annual growth since March 2010. November saw notable downturns in occupations like management, office and administrative support, and military specific

Top Growth Metro Markets

Year-over-year Growth			Nov 11			Nov 12			% Growth Y-o-y
Los Angeles			72			87			21%
Houston			141			169			20%
Chicago			97			114			18%
Atlanta			105			122			16%
Dallas			119			137			15%

Lowest Growth Metro Markets

Year-over-year Growth			Nov 11			Nov 12			% Growth Y-o-y
Philadelphia			72			74			3%
Minneapolis			121			124			2%
Indianapolis			117			119			2%
Kansas City			112			112			0%
Orlando			73			72			-1%

International Trends:

• Monster Employment Index Europe continued to demonstrate a fourth consecutive month of annual reduction in online recruitment, declining by four percent in November. Environment, architecture/ urbanism records seventh consecutive month of growth while Transport, post and logistics reports the greatest decline. Belgium and the United Kingdom are the only two regions to report annual growth, both up by one percent
• Monster Employment Index India rises 13 percent from a year ago in October. Shipping/Marine continues to outpace all industries in terms of annual growth, while NGO/ social services sector also records strong growth.

To obtain a full copy of the Monster Employment Index U.S. report for November 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 December will be released on January 4, 2013.

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 activity conducted 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), 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.