June Monster Employment Index Rises 5% Year-over-Year

NEW YORK--()--Monster Worldwide, Inc. (NYSE: MWW):

May 2012 Index Highlights:

  • Monster Employment Index U.S. grows 5 percent in June and rises 4 percent month-over-month
  • Transportation and warehousing remains the top growth sector, while retail trade regains momentum
  • Information remains flat year-over-year while educational services, utilities, and public administration continue to record negative annual growth
  • Among the metro markets tracked by the Index, Orlando records top growth on annual basis. California’s major metro markets gain momentum while Portland eases

The Monster Employment Index U.S. is a monthly gauge of U.S. online job posting activity based on a real-time review of millions of employer job opportunities culled from a large representative selection of career Web sites and online job listings. The Index does not reflect the trend of any one advertiser or source, but is an aggregate measure of the change in job listings across the industry.

Monster Employment Index U.S. results for the past 18 months are as follows:

Jan
11

   

Feb
11

   

Mar
11

   

Apr
11

   

May
11

   

Jun
11

   

Jul
11

   

Aug
11

   

Sep
11

   

Oct
11

   

Nov
11

   

Dec
11

   

Jan
12

   

Feb
12

   

Mar
12

   

Apr
12

   

May
12

   

Jun
12

   

Y-O-Y
GROWTH

 
122     129     136     145     143     146     144     147     148     151     147     140     133     143     143     146     147     153     5%

Industry Year-over-year Trends: 14 of the 20 industries monitored by the Index showed positive annual growth trends.

  • Transportation and Warehousing (up 22 percent) continued to maintain its top growth position among sectors albeit at a moderate pace compared to the 27 percent recorded in May
  • Wholesale Trade (up 15 percent) remained within the top growth sectors year-over-year but continued to taper month-over-month, in contrast with seasonal patterns
  • Retail Trade (up nine percent) re-entered the top five growth industries in June, somewhat compensating for the muted recruitment activity mid-spring
  • Healthcare and Social Assistance (up eight percent) saw a rise in momentum from the four percent recorded in May, driven by increased online job posting activity across all regions, particularly the Midwest
  • Information remained flat, in contrast with the sustained positive annual trends recorded for the prior 15 months
  • Public administration (down 10 percent) and Utilities (down 8 percent) continued to chart the steepest annual declines in the Index

Top Growth Industries

           
Year-over-year Growth    

Jun
11

   

Jun
12

   

% Growth
Y-o-y

Transportation and Warehousing     179     219     22%
Wholesale Trade     157     180     15%
Agriculture, Forestry, and Fishing     201     229     14%
Finance and Insurance     53     58     9%
Retail Trade     160     175     9%
 
 

Lowest Growth Industries

           
Year-over-year Growth    

Jun
11

   

Jun
12

   

% Growth
Y-o-y

Information     92     92     0%
Accommodation and Food Services     102     100     -2%
Educational Services     93     86     -8%
Utilities     151     139     -8%
Public Administration     153     138     -10%

Occupation Year-over-year Trends: Annual online demand for workers rose in 19 of 23 occupational categories in June.

  • Transportation and Material Moving (up 23 percent) registered the highest annual growth in June
  • Healthcare Practitioners and Technical (up 13 percent) and Healthcare Support (up 5 percent) recorded similar acceleration as the broader Healthcare and social assistance sector with growing demand for occupations like education, IT , building/ grounds cleaning and maintenance.

Top Growth Occupations

           
Year-over-year Growth    

Jun
11

   

Jun
12

   

% Growth
Y-o-y

Transportation and Material Moving     112     138     23%
Architecture and Engineering     109     128     17%
Legal     118     136     15%
Business and Financial Operations     147     168     14%
Healthcare Practitioners and Technical     160     181     13%
 
 

Lowest Growth Occupations

           
Year-over-year Growth    

Jun
11

   

Jun
12

   

% Growth
Y-o-y

Military Specific     163     164     1%
Community and Social Services     212     213     0%
Production     134     133     -1%
Management     146     144     -1%
Education, Training, and Library     130     123     -5%

Geographic year-over-year Trends: All 28 metro markets recorded positive annual growth in June.

  • Orlando (up 21 percent) replaced Indianapolis as top growth market year-over-year with hiring conditions continuing to remain strong for occupations like computer and mathematical, office and administrative, building and grounds cleaning and maintenance, and transportation and material moving
  • All major California markets recorded accelerated growth rates in June with Los Angeles (up 10 percent) exhibiting the most notable rise driven by service and production occupations as well as business and financial operations
  • Portland (up six percent) registered further slowdown in annual growth compared to the 16 percent recorded in May while Washington D.C. (up four percent) registered the lowest growth among the markets monitored by the Index.

Top Growth Metro Markets

           
Year-over-year Growth    

Jun
11

   

Jun
12

   

% Growth
Y-o-y

Orlando     63     76     21%
Detroit     111     133     20%
Indianapolis     101     120     19%
Philadelphia     64     76     19%
Houston     132     154     17%
 
 

Lowest Growth Metro Markets

           
Year-over-year Growth    

Jun
11

   

Jun
12

   

% Growth
Y-o-y

Portland     108     114     6%
Minneapolis     113     119     5%
Miami     80     84     5%
St.Louis     133     139     5%
Washington, D.C.     54     56     4%

International Trends:

  • Monster Employment Index Europe demonstrates one percent growth year-over-year in June. While slowed, Germany continues to lead all regions by measure of annual growth) while The Netherlands, France, Belgium and Sweden all report reduced demand in online recruitment activity year-over-year. Environment, architecture, urbanism (up 17 percent) demonstrates the strongest annual growth of all industries for the second consecutive month, while opportunities in Engineering remain steady at six percent
  • Monster Employment Index India recorded a three percent increase year-over-year in May. The shipping/ marine industry recorded the highest growth, while BPO/ ITES and the public sector recorded double-digit annual declines. Demand for arts/ creative occupations exhibited highest annual gain

To obtain a full copy of the Monster Employment Index U.S. report for June 2012, and to access current individual data charts for each of the 28 metro markets tracked, please visit http://about-monster.com/employment-index. Data for the month of July will be released on August 3, 2012.

About the Monster Employment Index U.S.
Launched in April 2004 with data collected since October 2003, the Monster Employment Index U.S. is a broad and comprehensive monthly analysis of U.S. online job posting activity conducted by Monster Worldwide, Inc. Based on a real-time review of millions of employer job opportunities culled from a large, representative selection of corporate career sites and job boards, including Monster, the Monster Employment Index presents a snapshot of employer online recruitment activity nationwide. All of the data and findings in the Monster Employment Index have been validated for their accuracy through independent, third party auditing conducted periodically by Research America, Inc. The audit validates the accuracy of the national online job recruitment activity measured within a margin of error of +/- 1.05%.

About Monster Worldwide
Monster Worldwide, Inc. (NYSE: MWW), parent company of Monster, the premier global online employment solution for more than a decade, strives to inspire people to improve their lives. With a local presence in key markets in North America, Europe, and Asia, Monster works for everyone by connecting employers with quality job seekers at all levels and by providing personalized career advice to consumers globally. Through online media sites and services, Monster delivers vast, highly targeted audiences to advertisers. To learn more about Monster's industry-leading products and services, visit www.monster.com. More information about Monster Worldwide is available at http://about-monster.com.

Special Note: Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995: Except for historical information contained herein, the statements made in this release constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements involve certain risks and uncertainties, including statements regarding Monster Worldwide, Inc.'s strategic direction, prospects and future results. Certain factors, including factors outside of Monster Worldwide's control, may cause actual results to differ materially from those contained in the forward- looking statements, including economic and other conditions in the markets in which Monster Worldwide operates, risks associated with acquisitions, competition, and the other risks discussed in Monster Worldwide's Form 10-K and other filings made with the Securities and Exchange Commission, which discussions are incorporated in this release by reference.

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Contacts

Monster Worldwide
Deepika Murty, 978-461-8765
Deepika.Murty@monster.com

June MEI US M-o-M and Y-o-Y Growth (Graphic: Business Wire)

June MEI US M-o-M and Y-o-Y Growth (Graphic: Business Wire)

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Contacts

Monster Worldwide
Deepika Murty, 978-461-8765
Deepika.Murty@monster.com