Monster Employment Index: USA

The Recruiting News

Monster Employment Index: USA

(May 2, 2011)

March 2011 Index Highlights

Annual growth rate accelerates to 9 percent in March, marking 14th month of consecutive year-over-year growth

All 28 metro markets continue to record positive annual growth in March

Mining, quarrying, oil and gas extraction, and utilities continue to lead the Index on an annual basis with an increase of 68 percent and 35 percent respectively

Real estate, rental and leasing and public administration register further annual declines of 19 percent and 13 percent respectively

Index climbs 5 percent (7 points) month-over-month, exceeding historical average for the February-March period
Online job availability edges higher across all industry sectors month-over-month

"The March Index reinforces a consensus from other leading indicators that the labor market is continuing to grow at a measured pace," said Jesse Harriott, senior vice president and chief knowledge officer at Monster Worldwide. "We continue to see the impact of an increased demand for specialized IT talent as well as sustainable recruitment levels for all related healthcare occupations. We are now seeing hopeful signs in the wholesale trade and manufacturing sectors which are historically considered foundations of an improving economy."

For the full report, please click here.

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:

See Specific State Results

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%. Data for the month of April will be released on May 5, 2011.

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