June Monster Employment Index Rises 5% Year-over-Year

May 2012 Index Highlights:

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.

Industry Year-over-Year Trends: Fourteen of the 20 industries monitored by the MEI showed positive annual growth trends.

  • Transportation and warehousing (up 22 percent) continued to maintain its top growth position among sectors, albeit at a moderate pace compared with the 27 percent recorded in May.
  • Wholesale trade (up 15 percent) remained within the top growth sectors year-over-year but continued to taper month-over-month, in contrast with seasonal patterns.
  • Retail trade (up nine percent) re-entered the top five growth industries in June, somewhat compensating for the muted recruitment activity mid-spring.
  • Healthcare and social assistance (up eight percent) saw a rise in momentum from the four percent recorded in May, driven by increased online job posting activity across all regions, particularly the Midwest.
  • Information remained flat, in contrast with the sustained positive annual trends recorded for the prior 15 months.
  • Public administration (down 10 percent) and Utilities (down 8 percent) continued to chart the steepest annual declines in the Index.

Occupation Year-over-Year Trends: Annual online demand for workers rose in 19 of 23 occupational categories in June.

  • Transportation and material moving (up 23 percent) registered the highest annual growth in June.
  • Healthcare practitioners and technical (up 13 percent) and Healthcare support (up 5 percent) recorded similar acceleration as the broader Healthcare and social assistance sector with growing demand for occupations like Education, IT, and Building/ grounds cleaning and maintenance.

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

  • Orlando (up 21 percent) replaced Indianapolis as top growth market year-over-year with hiring conditions continuing to remain strong for occupations like computer and mathematical, office and administrative, building and grounds cleaning and maintenance, and transportation and material moving.
  • All major California markets recorded accelerated growth rates in June with Los Angeles (up 10 percent)  exhibiting the most notable rise driven by service and production occupations as well as business and financial operations.
  • Portland (up six percent) registered further slowdown in annual growth compared to the 16 percent recorded in May while Washington D.C. (up four percent) registered the lowest growth among the markets monitored by the Index.

Visit Monster.com to obtain a full copy of the Monster Employment Index U.S. report for June 2012, and to access current individual data charts for each of the 28 metro markets tracked. Data for the month of July will be released on August 3, 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%.

 

 

 

 

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