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Monster Employment Index Rises 7% Year-over-Year

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:

May
11

 

Jun
11

 

Jul
11

 

Aug
11

 

Sep
11

 

Oct
11

 

Nov
11

 

Dec
11

 

Jan
12

 

Feb
12

 

Mar
12

 

Apr
12

 

May
12

 

Jun
12

 

Jul
12

 

Aug
12

 

Sep
12

 

Oct
12

 

Nov
12

 

Y-O-Y
GROWTH

143   146   144   147   148   151   147   140   133   143   143   146   147   153   147   156   153   156   158   7%

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.

Special Note: Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995: Except for historical information contained herein, the statements made in this release constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements involve certain risks and uncertainties, including statements regarding Monster Worldwide, Inc.'s strategic direction, prospects and future results. Certain factors, including factors outside of Monster Worldwide's control, may cause actual results to differ materially from those contained in the forward- looking statements, including economic and other conditions in the markets in which Monster Worldwide operates, risks associated with acquisitions, competition, and the other risks discussed in Monster Worldwide's Form 10-K and other filings made with the Securities and Exchange Commission, which discussions are incorporated in this release by reference.

About Business Wire
Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

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