Monster Employment Index Europe Declines 3% Year-Over-Year

NEW YORK--(BUSINESS WIRE)--Nov. 2, 2012-- Monster Worldwide, Inc. (NYSE: MWW):

October 2012 Index Highlights:

  • The Monster Employment Index Europe reports a third consecutive month of annual decline, recording a three percent decline in October, the sharpest rate of reduction seen since April 2010
  • Germany continues to report decelerating trends but still records two percent annual growth followed by Belgium and the United Kingdom (both up one percent)
  • Environment, architecture and urbanism sees its sixth month of consecutive growth and outpaces all industries while Transport, post and logistics reports the greatest decline
  • Online recruitment across Education, training, library (up ten percent) remains strong in October, prolonging an eight month growth trend and ranking second among the industries
  • Elementary occupations (down 15 percent) reports continued reductions in annual online recruitment and places bottom of all occupations measured by the Index

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.

"It is clear the broader economic uncertainties are impacting hiring activity, as reflected by the three percent decline in October's Index -- a rate of reduction not seen since April 2010," commented Alan Townsend, Senior Vice President of Sales Readiness and Business Operations for Monster Europe. "According to the latest OECD figures, larger markets in the EU are now reporting recession, and even Germany which has been the star performer in the Index, has been experiencing a slow-down in hiring levels. However, we also see pockets of resilient demand across key sectors such as Education, Healthcare and Production, which all exhibit growth year-over-year."

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

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

   

Jul
12

   

Aug
12

   

Sep
12

   

Oct
12

   

Y-O-Y
GROWTH

135     140     139     139     138     139     139     136     127     138     142     144     143     142     142     138     135     135     -3%

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

  • Environment, architecture and urbanism (up 24 percent) reported significant growth compared to the same time last year and placed top of the Index for the sixth consecutive month with Belgium and France contributing significantly to this growth
  • Education, training, library (up ten percent) continued its long-term growth trend which began in February and matched its rate of annual growth recorded in September
  • Healthcare, social work (up seven percent) bounced back in October with France and the UK reporting the most significant growth
  • By contrast, Production, manufacturing, maintenance, repair (down eight percent) saw the sharpest decline in online recruitment since April 2010; demand softened most significantly across the Netherlands and Italy
  • Transport, post, logistics (down nine percent) continued to report online recruitment losses reaching levels not seen since March 2010. Most of the larger markets saw fewer opportunities with the exception of the UK
Top Growth Industries     Lowest Growth Industries
                                           
Industry    

Oct
11

   

Oct
12

   

%
Y-O-Y
Growth

    Industry    

Oct
11

   

Oct
12

   

%
Y-O-Y
Growth

Environment, architecture and urbanism     102     126     24%     Construction and extraction     138     131     -5%
Education, training and library     205     226     10%     HR     94     89     -5%
Healthcare, social work     594     637     7%     Telecommunication     114     106     -7%
IT     101     104     3%     Production, manufacturing, maintenance, repair     270     249     -8%
Accounting, audit, taxes     99     101     2%     Transport, post and logistics     196     179     -9%

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

  • Opportunities for Craft and related trade workers (down eight percent) declined for a second consecutive month with demand shrinking across all regions compared to year-ago levels, with the exception of the UK
  • Technicians and associate professionals (up two percent) noted some degree of annual growth in October and matched September's rate of increase
  • Elementary occupations (down 13 percent) remained at the bottom of the Index for a third consecutive month where this group has continued to see decline throughout the second half of this year
Top Growth Occupations     Lowest Growth Occupations
                                           
Occupation    

Oct
11

   

Oct
12

   

%
Y-O-Y
Growth

    Occupation    

Oct
11

   

Oct
12

   

%
Y-O-Y
Growth

Technicians and associate professionals     126     128     2%     Skilled agricultural, forestry and fishery workers     194     188     -3%
Plant and machine operators, and assemblers     122     123     1%     Craft and related trades workers     245     226     -8%
Professionals     135     136     1%     Elementary occupations     195     169     -13%

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 November 2012 will be released on December 7th, 2012.

By Region

                                                                                     
Region    

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

   

Y-O-Y
GROWTH

Belgium     107     102     101     98     107     106     108     111     110     109     102     104     108     1%
France     139     136     132     123     130     134     139     130     129     133     121     117     126     -9%
Germany     171     175     177     173     178     185     190     188     182     188     184     180     174     2%
Italy     143     146     141     128     137     143     148     139     145     146     136     126     135     -6%
Netherlands     89     86     86     81     81     76     78     77     78     79     77     74     73     -18%
Sweden     148     150     158     143     154     165     166     154     155     149     141     143     140     -5%
United Kingdom     140     140     141     129     145     148     140     140     141     136     140     137     141     1%

By Industry

                                                                                     
Industry    

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

   

Y-O-Y
GROWTH

Accounting, audit, taxes     99     99     98     93     100     101     102     103     100     101     100     98     101     2%
Administrative, organisation     111     111     111     104     112     113     112     111     111     110     109     105     106     -5%
Agriculture, fishing and forestry     124     123     117     104     121     133     146     133     134     137     132     123     121     -2%
Arts, entertainment, sports, leisure     108     110     109     102     110     114     113     112     113     111     108     104     107     -1%
Automotive     124     124     114     109     127     128     129     129     133     137     134     128     125     1%
Banking, finance, insurance     87     87     87     82     86     88     88     86     87     85     86     85     86     -1%
Construction and extraction     138     137     130     122     132     136     139     140     140     142     137     133     131     -5%
Education, training and library     205     202     218     191     214     221     229     242     254     242     230     210     226     10%
Engineering     170     172     172     158     169     173     172     169     171     172     174     171     171     1%
Environment, architecture and urbanism     102     103     107     100     111     113     110     118     121     118     120     123     126     24%
Healthcare, social work     594     628     613     573     635     653     661     644     643     647     629     623     637     7%
Hospitality and tourism     252     251     238     221     242     251     272     277     271     261     258     247     249     -1%
HR     94     94     94     91     96     97     97     97     94     93     92     90     89     -5%
IT     101     103     102     97     105     109     108     106     104     105     102     101     104     3%
Legal     116     118     112     111     117     120     120     123     118     118     119     113     113     -3%
Management and consulting     110     108     104     97     106     112     116     114     116     113     107     110     112     2%
Marketing, PR and media     146     143     139     129     144     146     145     146     144     144     140     139     142     -3%
Production, manufacturing, maintenance, repair     270     267     259     243     253     262     271     272     269     273     264     257     249     -8%
Public sector, defence, community     81     80     75     75     77     77     78     77     79     80     82     80     81     0%
Real estate     125     124     121     121     123     128     129     130     133     132     127     126     126     1%
Research and development     119     119     117     113     121     123     123     122     119     123     119     116     115     -3%
Sales     111     111     107     102     110     110     110     109     108     108     107     106     107     -4%
Telecommunications     114     114     109     102     114     118     114     115     115     115     114     110     106     -7%
Transport, post and logistics     196     195     192     169     173     176     180     182     184     195     194     185     179     -9%

By Occupation

                                                                                     
Occupation    

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

   

Y-O-Y
GROWTH

Managers     113     108     112     101     114     116     115     111     112     112     109     110     111     -2%
Professionals     135     136     133     124     135     139     140     139     138     138     136     134     136     1%
Technicians and associate professionals     126     127     125     118     131     134     133     131     131     132     129     127     128     2%
Clerical support workers     145     144     144     132     147     149     145     146     147     148     147     142     141     -3%
Service and sales workers     303     304     288     265     298     307     317     314     310     306     299     290     298     -2%
Skilled agricultural, forestry and fishery workers     194     191     184     160     185     206     219     201     203     205     197     185     188     -3%
Craft and related workers     245     247     238     222     231     236     241     243     240     247     244     237     226     -8%
Plant and machine operators, and assemblers     122     113     116     107     120     126     130     128     130     135     128     123     123     1%
Elementary occupations     195     196     182     175     180     180     190     189     188     192     179     172     169     -13%

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.

Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=50463608&lang=en

Source: Monster Worldwide, Inc.

Weber Shandwick
Hannah Lifford, +44 (0)207 067 0500
MonsterEurope@webershandwick.com