October 2011 Index Highlights
- Monster Employment Index U.S. shows positive annual growth trend at 11% in October, demonstrating improved overall online job availability compared to October 2010.
- Index edges up in October from September, driven in part, by recruitment for temporary positions in the pre-holiday season
- All metro markets tracked by the Index exhibit positive annual growth
- Retail trade and manufacturing record accelerating growth trends, in line with seasonal expectations
- Public administration registers the steepest annual decline, dropping 30% year-over-year, its lowest level in the Index
“The Index recorded positive momentum coming into the pre-holiday season. Employers are proceeding with hiring as planned, indicated by solid seasonal demand for temporary workers in short-term positions within the retail and manufacturing sectors,”
said Jesse Harriott, senior vice president and chief knowledge officer at Monster Worldwide.
“Overall, this demonstrates an encouraging sign for the U.S. labor market during the holiday season; however substantial job-creation has yet to occur for the economy to see pre-recessionary levels of recruitment.
MEI Local Reports
In addition to national, industry, occupation and regional data, the Monster Employment Index presents a snapshot of employer online recruitment activity in the 28 largest U.S. metro markets in terms of working population. The local results are broken down by occupation and are published at the same time as the national Index. Use the links below to see specific local market findings from the Index:
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 online career outlets, including Monster®, the Monster Employment Index presents a snapshot of employer online recruitment activity nationwide. The Monster Employment Index’s underlying data is validated for accuracy by Research America, Inc. – an independent, third-party auditing firm – to ensure that measured online job recruitment activity is within a margin of error of +/- 1.05%.
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