| By Business Wire | Article Rating: |
|
| July 1, 2009 12:01 AM EDT | Reads: |
105 |
The Monster Employment Index slipped one point or one percent in June as online job opportunities fell modestly, largely in line with seasonal expectations. Year-over-year, the Index was down 28 percent, somewhat of an improvement from April and May’s annual pace of decline.
The Monster Employment Index is a monthly gauge of U.S. online job demand based on a real-time review of millions of employer job opportunities culled from a large representative selection of corporate career Web sites and job boards, including Monster®.
During June, online job availability rose in eight of the Index’s 20 industry sectors and twelve of the 23 occupational categories monitored. Index results for the past 13 months are as follows:
|
Jun.
09 |
May.
09 |
Apr.
09 |
Mar.
09 |
Feb.
09 |
Jan.
09 |
Dec.
08 |
Nov.
08 |
Oct.
08 |
Sept.
08 |
Aug.
08 |
Jul.
08 |
Jun.
08 |
||||||||||||
| 117 | 118 | 120 | 118 | 122 | 118 | 131 | 143 | 150 | 160 | 159 | 157 | 163 |
“While U.S. online job availability has remained largely flat since January, the annual pace improved during the second quarter, suggesting some expansion in underlying employer demand for workers,” said Jesse Harriott, senior vice president and chief knowledge officer at Monster Worldwide. “Still, current levels of online job vacancies are at their lowest since January 2005, illustrating the extent to which hiring has slowed during this recession.”
Real Estate Industry Registers Largest Monthly Increase in Online Job Demand in June
Online labor demand in the real estate, rental and leasing industry jumped sharply in June. This rise coincides with the marginally improved statistics on residential sales declared by the National Association of Realtors, suggesting a pick-up in housing sector activity may be imminent. Demand for educational services also increased gaining further momentum after a slow start at the beginning of the year.
Meanwhile, management of companies and enterprises edged up by one point and the wholesale trade industry remained flat. In contrast, the manufacturing industry saw a moderate decline in the month reaching its lowest level in the Index since inception.
On an annual basis, agriculture and public administration remained the only two sectors showing increased online job demand.
Online Job Opportunities for Legal and Protective Services Occupations Rise while Architecture and Engineering Ease
Among occupations, legal and protective services registered the strongest monthly increases in online job availability in June. Offerings for legal occupations jumped nine points, or 11 percent, in a positive sign for recent law school graduates. Protective services added eight points signaling increased hiring for law enforcement workers and fire fighters. The Index also showed greater demand for workers in sales and personal care as well as for arts and entertainment professionals.
Meanwhile, demand eased further for technically skilled professionals in areas such as architecture and engineering and the sciences, with architecture and engineering being one of the weakest trending sectors among white-collar workers. In contrast, the traditional blue-collar occupations were up in the Index, experiencing an improved annual growth rate in June.
Year-over-year, farming, fishing and forestry came in flat, while military specific, healthcare support and education experienced only modest declines.
Online Job Availability Remains Flat in Six of the Nine U.S. Census Bureau Regions in June
During June, online job availability remained flat in six of the nine U.S. Census Bureau regions. East South Central was the only region to edge higher amid increased online recruitment activity in Mississippi, while West North Central and South Atlantic dipped.
Year-over-year, East South Central boasts the most moderate rate of decline, while Pacific continues to show the highest pace of decline.
At the state level, monthly changes were minor in most states except Alaska and Oklahoma, each of which saw notable increases in online demand.
Ten of the Top 28 Major U.S. Metro Markets Register Increases in June
Posting a third month of consecutive rise, Orlando notched a one-point gain amid increased job opportunities for education, training and library; and blue-collar occupations like installation, maintenance and repair; and production. Meanwhile, Boston bounced back from a record low in May, and Chicago added one point amid increased demand for healthcare, food services, sales and transportation occupations.
At the opposite end of the spectrum, Cincinnati experienced the most notable decline due to reduced demand for business and financial operations; life, physical and social sciences; and office and administrative support occupations.
Year-over-year, all 28 metro markets registered a negative annual growth with Sacramento and Pittsburgh exhibiting the most moderate rate of decline.
To obtain a full copy of the Monster Employment Index report for June 2009, 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 July 2009 will be released on August 6, 2009.
About the Monster Employment Index
Launched in April 2004 with data collected since October 2003, the Monster Employment Index is a broad and comprehensive monthly analysis of U.S. online job demand 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 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 bring people together to advance 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. Monster Worldwide is a member of the S&P 500 Index. 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, seasonality 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.
Published July 1, 2009 Reads 105
Copyright © 2009 SYS-CON Media, Inc. — All Rights Reserved.
Syndicated stories and blog feeds, all rights reserved by the author.
More Stories By 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.
- The Top 150 Players in Cloud Computing
- Commercial vs Federal Cloud Computing
- Why IBM’s Server Chief Got Busted
- Industry Experts Discuss the State of Cloud Computing
- Cloud Expo New York Call for Papers Now Open
- Cloud Computing on Gartner's Top 10 List and SYS-CON Events' 2010 Calendar
- US Federal Government is Major Cloud Computing Innovator
- Google Wave
- Ulitzer.com Named Exclusive "New Media" Sponsor of Cloud Computing Conference & Expo
- Tactical Cloud Computing Panel at 1st Annual GovIT Expo
- Adaptivity & Cloud Computing: Exclusive Q&A with CEO Tony Bishop
- 4th International Cloud Expo: Photo Album
- The Top 150 Players in Cloud Computing
- SYS-CON.TV: Cloud Computing Expo Power Panel
- Commercial vs Federal Cloud Computing
- Why IBM’s Server Chief Got Busted
- 1st Annual GovIT Expo: Letter from the Technical Chair
- Industry Experts Discuss the State of Cloud Computing
- Deputy CIO of the CIA to Keynote 1st Annual GovIT Expo
- SOA World Power Panel on SYS-CON.TV
- CIA was Headed to an Enterprise Cloud All Along: Jill Tummler Singer
- Cloud Expo New York Call for Papers Now Open
- 1st Annual Government IT Conference & Expo: Themes & Topics
- Stock in Focus: Dragon Capital
- The i-Technology Right Stuff
- Who Are The All-Time Heroes of i-Technology?
- Get the Message
- Where Are RIA Technologies Headed in 2008?
- i-Technology Viewpoint: Is Web 2.0 the Global SOA?
- i-Technology Viewpoint: Thinking Outside the VC Box
- ESB Myth Busters: 10 Enterprise Service Bus Myths Debunked
- i-Technology Viewpoint: When to Leave Your First IT Job
- SOA Web Services Edge Conference Coverage on SYS-CON.TV
- Five Reasons Why Web 2.0 Matters
- SYS-CON.TV's "SOA Web Services" and "Enterprise Open Source" Programs To Air in December
- SOA World Conference & Expo SYS-CON.TV Power Panel Live From Times Square









Cloud computing is a game changer. The cloud ...




















