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TheStreet Open House

MEI Europe Nov Year-over-Year (Graphic: Business Wire)

November 2012 Index Highlights:

  • T he Monster Employment Index Europe reports a fourth consecutive month of annual decline, recording a four percent decrease in online hiring over the year in November
  • Belgium and the United Kingdom are the only two regions to report annual growth, both up one percent. All other regions report reduced online recruitment activity compared to year-ago levels
  • Germany continues to decelerate, recording an annual decline of five percent from a positive growth rate of two percent in October
  • Environment, architecture, urbanism records a seventh consecutive month as the top performing industry year-over-year while Transport, post, logistics reports the sharpest reductions for the second consecutive month
  • Managers (up five percent) sees the greatest increase in demand year-over-year of all occupations
  • Elementary occupations (down 16 percent) continues to report the weakest rates of annual growth for the sixth consecutive month

The Monster Employment Index Europe is a monthly gauge of 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 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.

“As the wider European economy continues to struggle, hiring remains cautious and even Germany is feeling the effect, charting an annual decline for the first time in 31 months,” commented Alan Townsend, Senior Vice President of Sales Readiness and Business Operations for Monster Europe. “However, we continue to see pockets of resilience in recruitment across industries including healthcare and engineering and it’s also encouraging to see the UK enter into its fourth month of positive growth.”

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