Strong Job Market: Monster Index Up By 14%

According to Reuters: A gauge of U.S. labor demand edged up one point in April, as growth in U.S. online recruitment activity and demand for workers eased following two previous months of sharper gains, Monster, a global online careers and recruiting firm (Monster), said on Thursday (see chart above).

Here is a link to Monster's press release, and here is its summary:

The Monster Employment Index rose one point in April, as U.S. online recruitment activity and demand for workers eased following two previous months of sharper growth. Overall, 16 of 20 industries and 19 of 23 occupational categories tracked by the Index registered increases of varying degrees in April. The Index is now up 14% year-over-year, but is still showing a modest annual growth pace compared to a year ago.

Methodology: Based on a real-time review of millions of employer job opportunities culled from more than 1,500 Web sites, including a variety of corporate career sites, job boards and Monster, the Monster Employment Index presents a snapshot of employer online recruitment activity nationwide.

The Monster Employment Index for Europe likewise shows job growth there as well (see chart below).