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Monster Employment Index
(January 22, 2010) - Monster Employment Index Dips in December
December 2009 Index Highlights:
- Index edges down four points in December, reflecting mild seasonal lull in
U.S. online recruitment activity
- Year-on-year, the Index is now down 12 percent, the most modest rate of
annual decline in the past 18 months
- Offerings in healthcare and government increase, while hospitality and
retail sectors retract
- Online job demand declines across 26 major metro markets with
Cincinnati recording the sharpest drop
Summary Overview
The Monster Employment Index edged down four points in December, amid a relatively
mild seasonal fall in online recruitment activity. On a year-over-year basis, the Index is
now down 12 percent, the mildest rate of annual decline seen during the past 18
months indicating slight stability in underlying employer demand for workers at the end
of the year.
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.com.
During December, online job availability rose in three of the Index's 20 industry sectors
and in six of the 23 occupational categories monitored. Index results for the past 13
months are as follows:
Month & Year |
Monster Employment Index |
December 09 |
115 |
November 09 |
119 |
October 09 |
120 |
September 09 |
119 |
August 09 |
121 |
July 09 |
114 |
June 09 |
117 |
May 09 |
118 |
April 09 |
120 |
March 09 |
118 |
February 09 |
122 |
January 09 |
118 |
December 08 |
131 |
"The decline in the Index during December is typical due to end-of-year seasonality.
However, the improvement in the annual rate of decline lends evidence to a slight
firming in underlying employer demand for workers at the end of the year" said Jesse
Harriott, senior vice president and chief knowledge officer at Monster Worldwide.
"Despite a challenging economic climate, hiring conditions seem to continue to stabilize,
if not already slowly improving."
Colleen Gildea
colleen@interbiznet.com
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Materials written by John Sumser © TwoColorHat. All Rights Reserved.
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