Monster Employment Index Canada Rises 17 Points in March

All provinces post gains in online recruitment activity; eight of 10 job categories show increased online job availability

Opportunities increase in all cities tracked, with Edmonton, Montreal registering strongest gains

Index now up 31 per cent year-over-year

MONTREAL--(BUSINESS WIRE)--The Monster Employment Index Canada jumped 17 points in March, demonstrating broad growth in online job demand at the end of the first quarter. The Index, which rose to its highest level to date, is now up 38 points, or 31 percent year-over-year.

“During March, the Monster Employment Index Canada rebounded strongly from the seasonal slowdown in February, as employers stepped up their recruitment efforts amid the spring hiring season”

Eight of 10 national job classifications tracked by the Index posted gains in online recruitment activity during March, led by trades and transportation jobs, sales and services, and management occupations.

All major Canadian cities tracked by the Index registered greater online job availability last month, with Montreal, Edmonton, Saskatoon and Regina leading the way.

Overall results for the Monster Employment Index Canada over the past year are as follows:

“During March, the Monster Employment Index Canada rebounded strongly from the seasonal slowdown in February, as employers stepped up their recruitment efforts amid the spring hiring season," said Gabriel Bouchard, vice president and general manager of Monster Canada. “Every province and every urban centre tracked by the Monster Index posted increases in online recruitment last month, demonstrating broad demand for workers across industries and occupations."

Online Demand Rises in Eight of 10 Occupational Categories

Online demand for workers increased during March in eight of 10 job classifications tracked by the Index, with the largest increases seen for workers in trades and transportation jobs, sales and service, and management, business and finance jobs.

Only two categories registered declines, as healthcare services edged down four points and social sciences and government services dropped 16 points.

Online job opportunities in occupations related to trades, transportation and construction rose sharply, as did online recruitment in sales and service occupations, where activity in March rebounded strongly following a seasonal downturn in February.

Demand for workers in the management category also increased, reflecting higher demand for workers in accounting, executive management and human resources jobs. Opportunities for workers in processing, manufacturing and utilities jobs also jumped amid stronger economic activity in the manufacturing sector overall, while online job availability in the financial services and banking category edged up, in part due to particularly strong demand for workers in Western Canadian cities.

Results for the 10 occupational categories tracked by the Index over the past year are as follows:

All 10 Provinces Rise During March

During March, online recruitment activity increased in all 10 Canadian provinces. All provinces exhibited double-digit increases, including three provinces which gained more than 20 points.

Central Canada rebounded from a sharp drop in February, while Ontario and Quebec increased 18 and 21 points respectively. The gains can be attributed to increased online job demand for workers in sales and service; trades, transportation and warehousing; business, finance and administrative occupations; and, natural and applied sciences, which includes IT, computer services and engineering.

In Western Canada, online recruitment also increased. British Columbia added 12 points, and continues to boast significant online job demand for workers in sales and service; construction, trades and transportation; and, business, finance and administrative occupations. The province’s unemployment rate recently dipped to a new low of 3.9 percent.

Meanwhile, Alberta jumped 21 points in March, its largest monthly increase since the Index’s inception in 2005. On the prairies, Saskatchewan added 21 points amid increased online job demand for workers in business, finance and administrative positions as well as sales and service and trades, transportation and warehousing. Manitoba registered a gain of 17 points on higher demand for workers in trades, transportation and warehousing; sales and service; and, management.

Turning to Atlantic Canada, three provinces posted increases of 10 points, while Nova Scotia surged 25 points. The Atlantic region’s increases reflected a strong demand for workers in sales and service occupations as well as business, finance and administrative occupations and management positions.

Results for the 13 provinces and territories tracked by the Index over the last year are as follows:

Adjusted to total working population, the Monster Employment Index Canada found the following provinces to be the top six in terms of online job availability during the month of March:

All Cities Register Gains in March

All 13 Census Metropolitan Areas tracked by the Monster Employment Index Canada registered strong increases in online recruitment activity last month. Edmonton and Saskatoon led the way with an increase of 30 points.

In Western Canada, Regina and Winnipeg joined Edmonton and Saskatoon with 20-plus point increases. Calgary’s 17-point increase comes amid stronger demand for workers in trades, transport and equipment operation as relates to oil sands activities, as well as in sales and service; and business, finance and administrative occupations. Vancouver edged up four points, reflecting continued demand for workers in preparation for the 2010 Olympics.

In Ontario, online demand in Toronto rose 17 points in March. The Index for Toronto is now up 38 percent year-over-year. Hamilton gained 14 points while Ottawa-Gatineau and Kitchener gained three and four points respectively.

In Quebec, online job demand jumped 25 points in Montreal, while Quebec City saw a gain of 20 points. Both cities experienced significant increases in online recruitment for workers in sales and service as well as business, finance and administrative occupations.

In Eastern Canada, online job demand grew by 20 points in Halifax.

Results for the 13 census metropolitan areas tracked by the Index over the last year are as follows:

Adjusted to total working population, the Monster Employment Index Canada found the following cities to be the top six in terms of online job availability during the month of March:

About the Monster Employment Index Canada

The Monster Employment Index Canada is a broad and comprehensive monthly analysis of Canadian online job demand conducted by Monster Worldwide, Inc. (NASDAQ: MNST), parent company of the leading global online careers and recruitment resource Monster^®. As the first national index measuring real-time online job demand, the Monster Employment Index Canada is based on millions of online job postings and data culled from Monster Canada (www.monster.ca), as well as a number of other recruitment Web sites considered representative of employer activity nationwide.

With data collected since April 2005, the Index uses a consistent methodology to track overall online job demand in Canada, providing Canadian labour-market watchers with a new forward-looking indicator of employer demand for employees.

All of the data and findings in the Monster Employment Index Canada are validated for accuracy through third party auditing conducted by U.S.-based ARC Research. Monthly Index reports can be accessed and subscribed to free-of-charge online at http://eIndex.monsterworldwide.com. The April 2007 findings of the Monster Employment Index Canada will be released on May 17, 2007

To obtain a full copy of the Monster Employment Index Canada report for March 2007, including all charts and tables, please visit http://eIndex.monsterworldwide.com. To subscribe and have the Monster Employment Index Canada report emailed to you on a monthly basis, please go to http://www.monsterworldwide.com/Public_Relations/eIndex.html.

About Monster Worldwide

Monster Worldwide, Inc. (NASDAQ: MNST) parent company of Monster®, the premier global online employment solution for more than a decade, strives to bring people together to advance 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. Monster Worldwide is a member of the S&P 500 Index and the NASDAQ 100. To learn more about Monster's industry-leading products and services, visit www.monster.com. More information about Monster Worldwide is available at www.monsterworldwide.com.

About Monster Canada

Monster Canada (www.Monster.ca) is Canada's richest online career resources portal - a bilingual, user-friendly online resource that is revolutionizing job seeking and recruitment. Headquartered in Montreal, Monster Canada is part of Monster, the leading global online careers and recruitment resource. Monster was founded in 1994 and is headquartered in Maynard, Massachusetts. Monster operates in 38 countries today, up from 27 at the start of 2005. We’ll add another 5 to 12 countries in the coming year. Monster is # 1 or #2 in 21 of the 38 countries we serve. Monster is known for connecting quality job seekers at all levels with leading employers across all industries and offers employers innovative technology and superior services that give them more control over the recruiting process. To learn more about Monster’s industry-leading employer products and services, please visit http://solutions.monster.ca.

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, seasonality and the other risks discussed in Monster Worldwide's Form 10-K/A and other filings made with the Securities and Exchange Commission, which discussions are incorporated in this release by reference.

Monster Canada
Rikke Wivel, 514-350-0711
Director of Brand Experience
rikke.wivel@monster.ca
or
Porter Novelli Canada
Sharon Navarro, 416-422-7150
sharon.navarro@porternovelli.com