Monster Employment Index Europe: 16-Month High
June 2010 Index Highlights:
1. The Monster Employment Index Europe reported two percent increase in online worker demand in June, with job opportunities up 12 percent year-on-year
2. Online job availability increased the most in production, manufacturing, maintenance and repair, from both a monthly and annual perspective
3. Germany registered the sharpest monthly increase among major countries, while Sweden continued to exhibit the most positive long-term trend
4. June marked the fifth consecutive month of expansion in online job opportunities, suggesting the overall industry is on a path of gradual recovery. This is also reflected in the accelerated rate of annual growth compared to the previous month.
5. Job opportunities are now up 12 percent compared to June 2009 and their highest level since February 2009.
4 Comments:
Very interesting employment report from Europe -- I am pondering why the US is lagging other developed economies in job growth at this point...
Yeah, and? Who cares whether "on line" job opportunities are increasing, or not? The report says nothing about whether job opportunities as a whole are increasing. The increase in online offerings may be offset by decreases in other offerings. There may be fewer offerings overall, even if there are more offerings on line.
The Monster Employment Index is a snapshot of "online worker demand" not online job opportunities. It measures online recruitment activity via their recruitment channel.
The index is encouraging news becauses it posts a broad based increase for various sectors of the economy.
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