Monster Employment Index Europe Up by 21%

 

The Monster Employment Index Europe for online job opportunities increased in September to a 21-month high of 117, up by 2 percent from 115 in August, and by 21 percent from the 97 reading in September last year (see chart above).   Worker demand in almost all sectors improved, with hospitality and tourism showing the biggest monthly gains.  Sweden and Germany registered the biggest gains in online job demand, with monthly increases in September of 9 percent and 3.2 percent respectively, and annual increases of 31 percent and 24 percent. 

According to Monster:

"Across Europe, there is a cautious hint of improvement, with external indicators such as business and consumer confidence reaching three year highs.  The Index is beginning to mirror this sentiment as the annual growth rate for online hiring continues to accelerate.  Compared to September 2009, job opportunities are now 21 percent higher and the Index is at its highest level since December 2008."