Online Recruitment Dips in the UK in September, according to the Monster Employment Index

Online Recruitment Dips in the UK in September, according to the Monster Employment Index

— Engineering Sector Drops Significantly in September —

London, October 9, 2007 – In September 2007 online recruitment dropped in the UK, following a moderate increase in hiring demand during August, as the Monster Employment Index declined by five points. The Index dropped to reach a level of 162 points, partly due to a decline in opportunities for the engineering sector and a sizeable drop in demand for professionals; and technicians and associate professionals. Overall, the Index is up by 37 points, or 30 per cent, compared to last September. The Monster Employment Index UK is a monthly analysis of millions of online job opportunities culled from different websites across Europe, including Monster.co.uk.

“The Monster Employment Index has fluctuated so far in 2007 but although online job demand fell in the UK in September, overall the Index has shown strong growth in the last year,” said Andrea Bertone, Regional Director, Monster Worldwide Europe. “It is not uncommon for online recruitment to fall slightly in September – the same trend was seen in 2006.”

Launched in June 2005, the Monster Employment Index Europe is a monthly insight into recruitment trends across the European Union. The Index report is based on a real-time review of millions of employer job opportunities culled from 148 job boards across Europe, including Monster®. The Index is audited by Research America, Inc. and provides analyses of online job demand within occupational categories, industry sectors and regions.

There are also monthly Index reports for France, Germany, Netherlands and Sweden which include occupational, industry and regional analyses.

These, as well as the European Index are available at:

http://www.monsterworldwide.com/Press_Room/MEI_EU.asp

For more information please contact:

Sneha Nagmoti

Weber Shandwick

+44 (0)207 067 0515

snagmoti {at} webershandwick(.)com