Monster Employment Index Europe Rises for the First Time since February 2009
LONDON–(BUSINESS WIRE)–
October 2009 Index Highlights:
Summary Overview
The Monster Employment Index Europe increased for the first time in eight months, as online opportunities rose two points (two percent). The Index’s annual rate of contraction also eased slightly in October with offerings now down 32 percent year-on-year. Despite this, the Index remains below the 100 baseline level demonstrating significantly muted online worker demand across Europe.
The uptick was largely driven by increased hiring in healthcare, education and the public sector while opportunities in construction and manufacturing continued declining.
Monster Employment Index Europe results for the past 13 months are as follows:
09
09
09
09
09
09
08
08
08
“Increased optimism about economic recovery prospects led employers in primarily France and the UK to resume hiring in October,” commented Hugo Sellert, head of economic research at Monster Worldwide. “While many businesses continue to focus on cost reductions and restructuring, the latest uptick in online recruitment activity signals a positive trend shift in overall demand for workers.”
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 full Index report can be found on the Monster Worldwide Newsroom. Separate reports are also published for Belgium, France, Germany, Italy, Netherlands, Sweden and the United Kingdom. If you are a journalist interested in more information or an interview about any of these reports, please get in touch using the contact details below.