October 2009 Index Highlights
- Index climbs one point in October reflecting a slight improvement in online
job demand
- Healthcare and public administration demonstrate solid growth in
October, while opportunities in retail and hospitality industries retract
- Mid-Atlantic region sees highest monthly gain, while West South Central
slips to a three-month low
Summary Overview
The Monster Employment Index edged up one point in October, indicating a mild pickup
in online recruitment activity at the onset of the fourth quarter. Year—on-year the
index is now down 20 percent which is the most moderate annual rate of decline since
October 2008.
“The rise in the October Index, along with an improvement in the annual rate,
indicate a mild expansion in the underlying employer demand for workers,” said Jesse Harriott, senior vice president and chief knowledge officer at Monster Worldwide.“While the decline in consumer confidence has likely contributed to reduced job
demand in the retail and hospitality sectors, employers are actively recruiting in the
healthcare and public sectors, resulting in stability of the overall Index.”
For the full report, please click on the link provided above.
MEI Local Reports
In addition to national, industry, occupation and regional data, the Monster Employment Index presents a snapshot of employer online recruitment activity in the 28 largest U.S. metro markets in terms of working population. The local results are broken down by occupation and are published at the same time as the national Index. Use the links below to see specific local market findings from the Index:
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 online career outlets, including Monster®, the Monster Employment Index presents a snapshot of employer online recruitment activity nationwide. 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 online job recruitment activity is within a margin of error of +/- 1.05%. Data for the month of November will be released on December 3, 2009.
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