Monster Worldwide, Inc. (NYSE: MWW):
July 2012 Index Highlights:
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Monster Employment Index U.S. grows two percent in July, the 29th
consecutive month of positive year-on-year growth yet at a decelerated
rate compared to five percent in June
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Transportation and warehousing recruitment continued to place among
the top sectors with 11 percent recruitment growth, at a moderating
pace compared to 22 percent in June
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Information rebounded with long-term trend pointing positive again,
while educational services, accommodation and food services, and
public administration recorded negative annual growth
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Among major metropolitan markets, Houston was the growth leader. Los
Angeles continues to gain momentum, while metros like Pittsburgh and
Minneapolis are down in the rankings
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:
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Feb 11
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Mar 11
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Apr 11
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May 11
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Jun 11
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Jul 11
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Aug 11
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Sep 11
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Oct 11
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Nov 11
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Dec 11
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Jan 12
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Feb 12
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Mar 12
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Apr 12
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May 12
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Jun 12
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Jul 12
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Y-O-Y GROWTH
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129
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136
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145
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143
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146
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144
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147
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148
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151
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147
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140
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133
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143
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143
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146
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147
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153
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147
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2%
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Industry Year-over-year Trends: 15
of the 20 industries monitored by the Index showed positive annual
growth trends.
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Agriculture, Forestry, and Fishing (up 19 percent) finished
itself atop the sector rankings in the July Index, swapping places
with Transportation and warehousing – June’s leader
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Transportation and Warehousing (up 11 percent) has charted a
moderation in pace of expansion, most notably for formerly
fast-expanding recruitment areas like operations research, assorted
transport management, and IT occupations. Truck/heavy freight drivers
remains the largest single occupational recruitment area for the sector
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Wholesale Trade (up ten percent) has tapered in each
month since April, somewhat counter to seasonal precedent for the
sector, and is now barely registering double-digit percentage growth
on the year
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Retail Trade (up nine percent) held relatively steady, despite
the recent months of stagnation in the Department of Commerce’s retail
sales figures
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Healthcare and Social Assistance (up nine percent) charted
further improvement in long-term growth trend in July with some of the
new momentum originating in non-practitioner sub-categories.
Information and records workers, as well as assorted technicians and
personal care workers are encountering elevated demand levels.
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Information tipped back to the positive direction in July,
after having gone flat in June
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Accommodation and Food Services (down 4 percent) and
Educational Services (down ten percent) continued to slip,
joining Public Administration (down 19 percent) with the
distinction of having steepest annual declines in the Index
Top Growth Industries
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Year-over-year Growth
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Jul 11
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Jul 12
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% Growth Y-o-y
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Agriculture, Forestry, Fishing and Hunting
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190
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226
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19%
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Transportation and Warehousing
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196
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217
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11%
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Wholesale Trade
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157
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172
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10%
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Retail Trade
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160
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174
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9%
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Health Care and Social Assistance
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104
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113
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9%
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Lowest Growth Industries
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Year-over-year Growth
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Jul 11
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Jul 12
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% Growth Y-o-y
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Utilities
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138
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138
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0%
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Management of Companies and Enterprises
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109
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109
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0%
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Accommodation and Food Services
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98
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94
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-4%
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Educational Services
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92
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83
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-10%
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Public Administration
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167
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136
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-19%
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Occupation Year-over-year Trends: Annual
online demand for workers rose in 16 of 23 occupational categories in
July.
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Legal (up 21 percent) registered the highest annual growth in
July
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Building, Grounds Cleaning, Maintenance (up 17 percent) and Architecture
and Engineering (up 16 percent) recorded similar acceleration
Top Growth Occupations
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Year-over-year Growth
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Jul 11
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Jul 12
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% Growth Y-o-y
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Legal
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109
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132
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21%
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Building, Grounds Cleaning, Maintenance
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117
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137
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17%
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Architecture and Engineering
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109
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126
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16%
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Personal Care and Service
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69
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79
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14%
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Farming, Fishing, and Forestry
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163
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186
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14%
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Lowest Growth Occupations
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Year-over-year Growth
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Jul 11
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Jul 12
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% Growth Y-o-y
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Life, Physical, and Social Science
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141
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138
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-2%
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Production
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132
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129
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-2%
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Community and Social Services
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216
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210
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-3%
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Protective Service
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70
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67
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-4%
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Education, Training, and Library
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129
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120
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-7%
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Geographic year-over-year Trends: All
28 metro markets recorded positive annual growth in July.
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Houston (up 15 percent) has ranked among the top 5
metros by measure of long-term growth for several months, with notable
momentum gains in occupational categories like legal and
computer/mathematical during the latest month. Local construction and
production recruitment is also growing at rates exceeding nationwide
averages for the respective occupational categories
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Los Angeles (up 13 percent) labor market statistics generally
mirror those for the state of California, featuring one of the highest
unemployment rates in the nation, but figures have improved in recent
months, and employment gains have been realized. In July, Los Angeles
recruitment trends improved further for production occupations, sales,
healthcare, IT, and engineering
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Minneapolis (up three percent) and Pittsburgh (up four
percent) each charted slower growth in July compared to June.
Contrasting with other parts of the nation, recruitment remained
particularly weak for production occupations. Trends also suggested
dispersion in momentum for transportation and material moving
Top Growth Metro Markets
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Year-over-year Growth
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Jul 11
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Jul 12
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% Growth Y-o-y
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Houston
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135
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155
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15%
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Dallas
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115
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131
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14%
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Indianapolis
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106
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120
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13%
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Chicago
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92
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104
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13%
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Los Angeles
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71
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80
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13%
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Lowest Growth Metro Markets
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Year-over-year Growth
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Jul 11
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Jul 12
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% Growth Y-o-y
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Boston
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84
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88
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5%
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Kansas City
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106
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111
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5%
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Tampa
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92
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96
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4%
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Pittsburgh
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169
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176
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4%
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Minneapolis
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114
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117
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3%
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International Trends:
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Monster Employment Index Europe showed further improvement in
July, increasing 2 percent compared to a year ago. This was the 27th
consecutive month in which positive annual growth was charted. Online
demand continued showing the strongest rate of increase in Germany.
Opportunities in the country rose at the fastest pace, registering an
annual growth of 13 percent. While the Netherlands continued being the
country showing the steepest declines across Europe in July, edging
down by 18 percent compared to the year previously.
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Monster Employment Index India recorded a three percent
increase year-over-year in June. Agro based industries recorded the
highest growth while Travel and Tourism also recorded strong annual
growth; Government/PSU recorded double digit negative decline. Demand
for arts/ creative occupations exhibited highest annual gain
To obtain a full copy of the Monster Employment Index U.S. report for
July 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 August will be released on September 7, 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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