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Monster Employment Index Europe Declines 4% Year-Over-Year

November 2012 Index Highlights:

  • The Monster Employment Index Europe reports a fourth consecutive month of annual decline, recording a four percent decrease in online hiring over the year in November
  • Belgium and the United Kingdom are the only two regions to report annual growth, both up one percent. All other regions report reduced online recruitment activity compared to year-ago levels
  • Germany continues to decelerate, recording an annual decline of five percent from a positive growth rate of two percent in October
  • Environment, architecture, urbanism records a seventh consecutive month as the top performing industry year-over-year while Transport, post, logistics reports the sharpest reductions for the second consecutive month
  • Managers (up five percent) sees the greatest increase in demand year-over-year of all occupations
  • Elementary occupations (down 16 percent) continues to report the weakest rates of annual growth for the sixth consecutive month

The Monster Employment Index Europe is a monthly gauge of 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 across Europe. 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.

“As the wider European economy continues to struggle, hiring remains cautious and even Germany is feeling the effect, charting an annual decline for the first time in 31 months,” commented Alan Townsend, Senior Vice President of Sales Readiness and Business Operations for Monster Europe. “However, we continue to see pockets of resilience in recruitment across industries including healthcare and engineering and it’s also encouraging to see the UK enter into its fourth month of positive growth.”

Monster Employment Index Europe results for the past 18 months are as follows:

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

   

Jul
12

   

Aug
12

   

Sep
12

   

Oct
12

   

Nov
12

   

Y-O-Y
GROWTH

140     139     139     138     139     139     136     127     138     142     144     143     142     142    

138

 

  135     135     133     -4%

Industry Year-over-year Trends: Five of the 24 industry sectors monitored by the Index in November exhibited positive annual growth trends.

  • Environment, architecture and urbanism (up 23 percent) continued to report the greatest increase in online recruitment of all industries in November and registered a seventh consecutive month at the top of the Index
  • Education, training, library (up 15 percent) retained its second place position in the Index and reported its tenth successive month of growth, with the strongest demand seen across Belgium, Sweden and the UK
  • Year-over-year, Production, manufacturing, maintenance, repair (down 11 percent), extended a downward trend that began in August
  • Arts, entertainment, sports, leisure (down eight percent) registered reduced demand compared to the same time last year, and recruitment levels were down across all the major markets in Europe
  • For the second consecutive month Transport, post and logistics (down 12 percent) recorded the most significant reductions in online recruitment activity compared to year-ago levels
Top Growth Industries     Lowest Growth Industries
                                       
Industry     Nov

12

    Nov

12

   

%

Y-O-Y
Growth

Industry     Nov

12

    Nov

12

   

%

Y-O-Y
Growth

Environment, architecture and urbanism     103     127     23% HR     94     87     -7%
Education, training and library     202     233     15% Arts, entertainment, sports, leisure     110     101     -8%
Management and consulting     108     112     4% Production, manufacturing, maintenance, repair     267     237     -11%
Healthcare, social work     628     639     2% Telecommunication     114     101     -11%
Engineering     172     173     1% Transport, post and logistics     195     171     -12%

Occupation Year-over-year Trends: Two of the nine occupational groups monitored by the Index in November exhibited positive growth trends.

  • Following seven months of annual decline Managers (up five percent) noted revived demand in online recruitment activity compared to the same time last year and placed top of the Index
  • Online demand for Craft and related trades workers (down 11 percent) extended a downward trend in November for a third successive month and charted the steepest reduction since March 2010
  • Elementary occupations (down 16 percent) continued to exhibit the weakest demand of the occupational groups, reporting its lowest levels of hiring activity since December 2009; however, Italy, Sweden and the UK noted some annual gains
Top Growth Occupations     Lowest Growth Occupations
                                       
Occupation     Nov

11

    Nov

12

   

%

Y-O-Y
Growth

Occupation     Nov

11

    Nov

12

   

%

Y-O-Y
Growth

Managers     108     113     5% Service and sales workers     304     284     -7%
Plant and machine operators, and assemblers     113     117     4% Craft and related trades workers     247     219     -11%
Professionals     136     135     -1% Elementary occupations     196     164     -16%

The full monthly Monster Employment Index reports for Belgium, France, Germany, Italy, the Netherlands, Sweden and the United Kingdom will be made available on Tuesday, 13 November at 06:00 CET at: about-monster.com/employment/index/17.

Data for the month of December 2012 will be released on January 4th, 2012.

By Region

                                                       
Region    

Nov
11

   

Dec
11

   

Jan
12

   

Feb
12

   

Mar
12

   

Apr
12

   

May
12

   

Jun
12

   

Jul
12

   

Aug
12

   

Sep
12

   

Oct
12

   

Nov
12

   

Y-O-Y
GROWTH

Belgium     102     101     98     107     106     108     111     110     109     102     104     108     103     1%
France     136     132     123     130     134     139     130     129     133     121     117     126     120     -12%
Germany     175     177     173     178     185     190     188     182     188     184     180     174     167     -5%
Italy     146     141     128     137     143     148     139     145     146     136     126     135     139     -5%
Netherlands     86     86     81     81     76     78     77     78     79     77     74     73     73     -15%
Sweden     150     158     143     154     165     166     154     155     149     141     143     140     135     -10%
United Kingdom     140     141     129     145     148     140     140     141     136     140     137     141     141     1%

By Industry

                                                       
Industry    

Nov
11

   

Dec
11

   

Jan
12

   

Feb
12

   

Mar
12

   

Apr
12

   

May
12

   

Jun
12

   

Jul
12

   

Aug
12

   

Sep
12

   

Oct
12

   

Nov
12

   

Y-O-Y
GROWTH

Accounting, audit, taxes     99     98     93     100     101     102     103     100     101     100     98     101     99     0%
Administrative, organisation     111     111     104     112     113     112     111     111     110     109     105     106     104     -6%
Agriculture, fishing and forestry     123     117     104     121     133     146     133     134     137     132     123     121     118     -4%
Arts, entertainment, sports, leisure     110     109     102     110     114     113     112     113     111     108     104     107     101     -8%
Automotive     124     114     109     127     128     129     129     133     137     134     128     125     122     -2%
Banking, finance, insurance     87     87     82     86     88     88     86     87     85     86     85     86     84     -3%
Construction and extraction     137     130     122     132     136     139     140     140     142     137     133     131     129     -6%
Education, training and library     202     218     191     214     221     229     242     254     242     230     210     226     233     15%
Engineering     172     172     158     169     173     172     169     171     172     174     171     171     173     1%
Environment, architecture and urbanism     103     107     100     111     113     110     118     121     118     120     123     126     127     23%
Healthcare, social work     628     613     573     635     653     661     644     643     647     629     623     637     639     2%
Hospitality and tourism     251     238     221     242     251     272     277     271     261     258     247     249     236     -6%
HR     94     94     91     96     97     97     97     94     93     92     90     89     87     -7%
IT     103     102     97     105     109     108     106     104     105     102     101     104     101     -2%
Legal     118     112     111     117     120     120     123     118     118     119     113     113     114     -3%
Management and consulting     108     104     97     106     112     116     114     116     113     107     110     112     112     4%
Marketing, PR and media     143     139     129     144     146     145     146     144     144     140     139     142     137     -4%
Production, manufacturing, maintenance, repair     267     259     243     253     262     271     272     269     273     264     257     249     237     -11%
Public sector, defence, community     80     75     75     77     77     78     77     79     80     82     80     81     79     -1%
Real estate     124     121     121     123     128     129     130     133     132     127     126     126     124     0%
Research and development     119     117     113     121     123     123     122     119     123     119     116     115     112     -6%
Sales     111     107     102     110     110     110     109     108     108     107     106     107     106     -5%
Telecommunications     114     109     102     114     118     114     115     115     115     114     110     106     101     -11%
Transport, post and logistics     195     192     169     173     176     180     182     184     195     194     185     179     171     -12%

By Occupation

                                                       
Occupation    

Nov
11

   

Dec
11

   

Jan
12

   

Feb
12

   

Mar
12

   

Apr
12

   

May
12

   

Jun
12

   

Jul
12

   

Aug
12

   

Sep
12

   

Oct
12

   

Nov
12

   

Y-O-Y
GROWTH

Managers     108     112     101     114     116     115     111     112     112     109     110     111     113     5%
Professionals     136     133     124     135     139     140     139     138     138     136     134     136     135     -1%
Technicians and associate professionals     127     125     118     131     134     133     131     131     132     129     127     128     126     -1%
Clerical support workers     144     144     132     147     149     145     146     147     148     147     142     141     139     -3%
Service and sales workers     304     288     265     298     307     317     314     310     306     299     290     298     284     -7%
Skilled agricultural, forestry and fishery workers     191     184     160     185     206     219     201     203     205     197     185     188     184     -4%
Craft and related workers     247     238     222     231     236     241     243     240     247     244     237     226     219     -11%
Plant and machine operators, and assemblers     113     116     107     120     126     130     128     130     135     128     123     123     117     4%
Elementary occupations     196     182     175     180     180     190     189     188     192     179     172     169     164     -16%

About The Monster Employment Index Europe

The Monster Employment Index Europe provides monthly insight into online job posting activity across the European Union. Launched in June 2005 with data from December 2004, the Index is based on a 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’s underlying data is validated for accuracy by Research America, Inc. – an independent, third-party auditing firm – to ensure that measured national online job recruitment activity is within a margin of error of +/- 1.05%.

The Index monitors online job opportunities across all European Union member countries.

The monthly reports for Belgium, France, Germany, Italy, the Netherlands, Sweden, the United Kingdom and Europe are available at: http://about-monster.com/employment/index/17.

About Monster Worldwide

Monster Worldwide, Inc. (NYSE: MWW - News), 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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