Monster Employment Index Rises 6% Year-over-Year

August 2012 Index Highlights:

  • Monster Employment Index U.S. grows 6 percent annually in August and rises 6 percent month-over-month
  • Agriculture, forestry, fishing, and hunting continues to lead all sectors in recruitment growth alongside transportation and warehousing. Retail trade recruitment rebounded in August, aligning with seasonal consumer patterns
  • Public administration (down 16 percent) and educational services (down three percent)  continue to drag down the index with negative year-over-year growth
  • Among the metro markets tracked by the Index, Houston maintains momentum, while San Francisco eases

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:

 

Mar 11

Apr 11

May 11

Jun 11

Jul 11

Aug 11

Sep 11

Oct 11

Nov 11

Dec 11

Jan 12

Feb 12

Mar 12

Apr 12

May 12

Jun 12

Jul 12

Aug 12

Y-O-Y GROWTH

136

145

143

146

144

147

148

151

147

140

133

143

143

146

147

153

147

156

6%

 

Industry Year-over-year Trends: 18 of the 20 industries monitored by the Index showed positive annual growth trends.

  • Agriculture, forestry, fishery, and hunting (up 13 percent) finished atop the sector rankings with the transportation and warehousing (up 13 percent) sector holding onto its second-place standing
  • Educational Services (down three percent) recorded the largest growth month-over-month among all sectors yet still registered a net decline on the year
  • Administrative support (up ten percent) reached its highest level in nearly 4 years in August
  • Retail Trade (up ten percent) rebounded from July’s somewhat muted level, which aligns with the sector’s general seasonal trend as retailers staff up for the back-to-school period
  • Public administration (down 16 percent) continued to chart the steepest annual decline in the Index

Top Growth Industries

Year-over-year Growth

Aug

11

Aug

12

% Growth Y-o-y

Agriculture, Forestry, Fishing, and Hunting

202

228

13%

Transportation and Warehousing

197

222

13%

Manufacturing

106

118

11%

Wholesale Trade

160

177

11%

Administrative Support

59

65

10%

 

Lowest Growth Industries

Year-over-year Growth

Aug

11

Aug

12

% Growth Y-o-y

Accommodation and Food Services

94

97

3%

Management of Companies and Enterprises

112

114

2%

Utilities

138

140

1%

Educational Services

95

92

-3%

Public Administration

163

137

-16%

 

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

  • Legal (up 25 percent) registered the highest annual growth in August
  • Production (down two percent) and military specific (down two percent) recorded the weakest annual trends

Top Growth Occupations

Year-over-year Growth

Aug

11

Aug

12

% Growth Y-o-y

Legal

114

142

25%

Building, Grounds Cleaning, and Maintenance

118

143

21%

Architecture and Engineering

112

129

15%

Healthcare Practitioners and Technical

167

190

14%

Business and Financial Operations

155

176

14%

 

Lowest Growth Occupations

Year-over-year Growth

Aug

11

Aug

12

% Growth Y-o-y

Protective Service

68

69

1%

Personal Care and Service

78

78

0%

Education, Training, and Library

134

133

-1%

Military Specific

161

158

-2%

Production

137

134

-2%

 

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

  • Houston (up 15 percent) continued to lead all metro markets in terms of annual growth with notable momentum gains in occupational categories like architecture/engineering and computer/mathematical during the latest month
  • Orlando (up 14 percent) made a return to the top 5 list when ranking metros by annual growth. Life, physical, and social sciences is now charting a notably positive upward trajectory, reflecting increased opportunities in the bioscience field
  • San Francisco (up six percent) charted a slowdown, which has been consistent with eased growth rates on the West Coast, specifically in California’s major metros

 

Top Growth Metro Markets

Year-over-year Growth

Aug

11

Aug

12

% Growth Y-o-y

Houston

136

157

15%

Dallas

118

136

15%

Orlando

69

79

14%

Chicago

97

111

14%

Indianapolis

109

124

14%

 

Lowest Growth Metro Markets

Year-over-year Growth

Aug

11

Aug

12

% Growth Y-o-y

San Francisco

88

93

6%

Minneapolis

117

123

5%

Cleveland

128

134

5%

Pittsburgh

177

184

4%

Seattle

127

132

4%

 

 

 

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