Thumbs Up: Monster Employment Index shows Rise in Demand in February - Outlook: Positive
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Monster Employment Index Rises in February from January; Year-Over-Year Growth Continues to Remain Positive
February 2011 Index Highlights:
- Annual growth rate eases to 4 percent, yet remains above year-earlier levels while Index rises 7 points (6 percent) month-over-month
- All 28 metro markets record positive annual growth in February
- Positive consumer-spending trends generate uptick in retail sector
- Public administration weighs down overall Index; sector's annual declines slide to 25 percent, reaching a new low in the Index
The Monster Employment Index is a monthly gauge of U.S. online job demand based on a real-time review of millions of employer job opportunities culled from a large representative selection of corporate career Web sites and job boards, includingMonster.com®.
Click here to get the full February MEI report.
About the Monster Employment Index
Launched in April 2004 with data collected since October 2003, the Monster Employment Index is a broad and comprehensive monthly analysis of U.S. online job demand 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 on a monthly basis by Research America, Inc. The audit validates the accuracy of the 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 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. To learn more about Monster's industry-leading products and services, visit www.monster.com. More information about Monster Worldwide is available athttp://about-monster.com/.
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