Market Overview

Monster Employment Index U.S. Rises 11% on Annual Basis

NEW YORK--(BUSINESS WIRE)--

Monster Worldwide, Inc. (NYSE: MWW):

February 2012 Index Highlights:

  • Monster Employment Index U.S. shows annual growth of 11 percent in February
  • Index rises 8 percent on monthly basis in line with regular seasonal patterns observed for the month of February
  • Commerce activity continues to rise with transportation and warehousing, retail and wholesale trade recording solid growth trends
  • Public administration remains the weakest trending sector and the only industry to register negative annual growth
  • All metro markets tracked by the Index continue to exhibit positive annual growth with markets on the East coast demonstrating generally stable or improved long-term growth trends

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:

Sep
10

   

Oct
10

   

Nov
10

   

Dec
10

   

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

    Y-O-Y
138     136     134     130     122     129     136     145     143     146     144     147     148     151     147     140     133     143     11%

Industry Year-over-year Trends: 19 of the 20 industries monitored by the Index showed positive annual growth trends.

  • Transportation and Warehousing (up 36 percent) claimed the top growth position, extending its robust annual growth trend from December
  • Retail trade (up 22 percent) and Wholesale Trade (up 22 percent) continued to drive growth in the Index in February
  • Finance and insurance (up 21 percent) demonstrated some positive momentum for traditional banking, IT infrastructure, and insurance recruitment
  • Professional, scientific, and technical services (up 17 percent) recorded improved growth trends, stemming from expanded recruitment activity for consulting and legal services
  • Public Administration (down 8 percent) continued to record the steepest decline among industries in February and remained the only industry to register negative annual growth

Top Growth Industries

Year-over-year Growth    

Feb
11

   

Feb
12

   

% Growth
Y-o-y

Transportation and Warehousing     148     202     36%
Agriculture, Forestry, Fishing, and Hunting     182     241     32%
Retail Trade     133     162     22%
Wholesale Trade     143     174     22%
Finance and Insurance     47     57     21%

Lowest Growth Industries

Year-over-year Growth    

Feb
11

   

Feb
12

   

% Growth
Y-o-y

Accommodation and Food Services     83     92     11%
Arts, Entertainment, and Recreation     35     38     9%
Educational Services     80     81     1%
Utilities     129     130     1%
Public Administration     142     131     -8%

Occupation Year-over-year Trends: Annual online demand for workers rose in 22 of 23 occupational categories in February.

  • Transportation and Material Moving (up 33 percent) registered the highest annual growth in February
  • Legal (up 23 percent); Architecture and Engineering (up 23 percent); Computer and Mathematical (up 19 percent); and Management (up 14 percent) contributed to strong growth in the professional, scientific and technical sector
  • Arts, Design, Entertainment, Sports and Media remained flat year-over-year; while the public-sector driven Military-specific (up 9 percent) and Farming/ Fishing (up 8 percent) remained amidst the slowest growing occupational categories

Top Growth Occupations

Year-over-year Growth    

Feb
11

   

Feb
12

   

% Growth
Y-o-y

Transportation and Material Moving     96     128     33%
Building, Grounds Cleaning, Maintenance     105     131     25%
Legal     96     118     23%
Architecture and Engineering     92     113     23%
Healthcare Support     198     243     23%

Lowest Growth Occupations

Year-over-year Growth    

Feb
11

   

Feb
12

   

% Growth
Y-o-y

Military Specific     141     153     9%
Farming, Fishing, and Forestry     171     184     8%
Business and Financial Operations     149     160     7%
Education, Training, and Library     113     116     3%
Arts, Design, Entertainment, Sports and Media     92     92     0%

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

  • Washington DC (up 21 percent) recorded an improved month-over-month and annual growth pace driven by positive momentum in life, physical, social sciences, education, training, library, and legal. Construction and extraction and production showed notable recruitment gains on the month.
  • Other major markets on the East Coast registered generally stable or improved long-term growth trends in February.
  • Los Angeles (up 7 percent) continued to remain amidst the weakest growing markets. Other California markets - Sacramento, San Diego, and San Francisco noted deceleration in online job demand, yet remained positive on an annual basis.

Top Growth Metro Markets

Year-over-year Growth    

Feb
11

   

Feb
12

   

% Growth
Y-o-y

Baltimore     45     56     24%
Kansas City     84     104     24%
Orlando     56     69     23%
Atlanta     91     112     23%
Philadelphia     58     71     22%

Lowest Growth Metro Markets

Year-over-year Growth    

Feb
11

   

Feb
12

   

% Growth
Y-o-y

San Diego     77     84     9%
Miami     78     85     9%
Tampa     83     90     8%
Los Angeles     68     73     7%
Phoenix     74     79     7%

International Trends:

  • Monster Employment Index Europe recorded year-over-year growth of ten percent in February. Germany continues to be the only country to exhibit strong growth of 28 percent, while other countries record relatively low or negative annual growth. Environment, architecture and urbanism replaced Engineering as the top growth sector. Online opportunities in management and the public sector continue to record declines.
  • Monster Employment Index India recorded a 6 percent increase year-over-year in January, the third consecutive month of single digit annual growth. NGO/ Social services followed by agro-based industries led all industry sectors in annual growth. Government/ PSU sector recorded the steepest decline of 21 percent.

To obtain a full copy of the Monster Employment Index U.S. report for February 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 March will be released on April 6, 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 - 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=50198268&lang=en

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

 

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