The Recruiting News
European Online Recruitment Shows Annual Growth of 22 Percent
(January 11, 2011) Monster Employment Index reports European Online Recruitment Shows Annual Growth of 22 Percent
December 2010 Index Highlights:
Online job demand ended 22 percent higher for the year, reflecting a more robust European economy and greater confidence in hiring. Job development during Q4 has generally remained stable. This means that while hiring has accelerated in some sectors and countries it has yet to become a universal and ongoing trend.
Education, training and library led all industry sectors in growth in December, driven by strong demand in extracurricular fields as private investment in education rebounds. Arts, entertainment, sports and leisure saw a similar growth rate in December, suggesting that employers could be preparing for European consumers to spend more on activities outside work in 2011.
Industrial production sectors are the star performers in Europe this year in terms of annual growth. Production, manufacturing, maintenance and repair grew at a significant rate along with automotive and engineering. Meanwhile, the overall top performer was transport, post and logistics, illustrating the European economy literally getting moving.
Monster Employment Index Europe results for the past 13 months are as follows:
"We've seen the same level of demand for the third consecutive month; this shows that although the employment market is more positive than last year a degree of uncertainty remains," commented Andrea Bertone, head of Monster Europe. "Job creation is definitely gaining ground in individual countries and sectors but we are yet to see the economy shift into higher gear. It seems that many employers are waiting to see a clearer picture emerge before embarking on wider staff expansion."
The Monster Employment Index Europe is a monthly analysis of millions of online job opportunities culled from a large, representative selection of corporate career sites and job boards across Europe, including Monster.
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