Monster Employment Index UK Surges In May As Hospitality Sector Fuels Demand For Service Workers
June 12th, 2007 Leave a comment Visited 36 times, 1 so far today
Monster Employment Index UK Surges In May As Hospitality Sector Fuels Demand For Service Workers
— Hospitality and Tourism Job Offers on the Rise —
— Surge in Demand for Service-workers Reported in
London and the South-East —
— South-West and Wales See Greatest Regional
Rise in Online Job Opportunities —
LONDON, June 12, 2007 – Online recruitment activity across the UK jumped in May according to the Monster Employment Index UK. Demand for workers rose 21 points in reaching a new peak of 162 points. Following gains in online opportunities for staff over the last four months, the Index is now showing year-on-year growth of 54 points, or 50 percent. The Index is based on a real-time review of millions of employer job opportunities culled from Web sites across Europe, including Monster®.
The hospitality and tourism and sales sectors registered the highest increases in UK online job demand throughout May. The boom in worker-demand in hospitality and tourism was primarily fuelled by demand in Wales. Environment, architecture and urbanism was the only sector that saw fewer job opportunities last month.
Following a decline in April, white-collar roles saw an upsurge in online recruitment, with legislators, senior officials and managers; and professionals seeing particularly high levels of online job opportunities.
The South West saw continued high demand following a similar trend in April. After a slight dip in April, workers in Wales saw more opportunities in May.
“The Monster Employment Index showed a notable increase in May, recovering well from a dip in April,” commented Alan Townsend, COO, Monster UK and Ireland. “The Index has risen 41 points so far in 2007, and the outlook for sustained growth in online job opportunities over the coming months appears to be trending positive across all hiring regions.”
About The Monster Employment Index UK
The Monster Employment Index UK provides a broad, comprehensive monthly analysis of online job demand in the UK and is compiled by Monster Worldwide, the parent company of the leading global online careers and recruitment resource, Monster®. The Index is independently audited by ARC Research, a U.S.-based market research company, to ensure the accuracy of the data within a margin of error of +/- 1.05%. The U.S. version of the Monster Employment Index was first introduced in April 2004.
Additional information on the Monster Employment Index United Kingdom is available online at http://euIndex.monsterworldwide.com. Visitors can subscribe to receive the monthly UK Index report as well as the broader Monster Employment Index Europe report in English, French, German or Swedish.
Monster Employment Index UK data for June will be released on July 10, 2007.
About Monster UK
Monster UK is the local content website for Monster, the leading global online careers and recruitment resource. With over 2.2 million visits per month, Monster UK works for everyone by connecting quality job seekers at all levels with leading employers across all industries. The Monster global network consists of local sites in the United Kingdom, France, the Netherlands, Sweden, Norway, Denmark, Finland, Belgium, Germany, Ireland, Spain, Italy, Switzerland, Luxembourg, Poland, Czech Republic, Hungary, and Austria, as well as in the United States, Canada, Singapore, Hong Kong and India. For more information see www.monster.co.uk or call +44 207 406 5050
About Monster Worldwide
Monster Worldwide, Inc. (NASDAQ: MNST), 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 and the NASDAQ 100. To learn more about Monster’s industry-leading products and services, visit www.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, seasonality and the other risks discussed in Monster Worldwide’s Form 10-K/A and other filings made with the Securities and Exchange Commissio803n, which discussions are incorporated in this release by reference.
CONTACTS:
Michelle Brown
Monster Worldwide UK
+ 44 (0) 20 7406 5050
michelle.brown {at} monster(.)com
Sneha Nagmoti
Weber Shandwick
+ 44 (0) 20 7067 0500
snagmoti {at} webershandwick(.)com
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