July 2011 Index Highlights:
* The Monster Employment Index
Europe demonstrates 21 percent annual growth in July
- Industrial production and related sectors complete a sixth consecutive month at the top with the strongest growth of all industries
- Telecommunication remains a strong performer in July, moving to fourth position by measure of annual growth in the Index
- Public sector and the arts remain in annual decline although the arts experiences a slight easing on its rate of decline
- Growth takes place across all EU countries monitored by the Index in July, with Germany continuing to lead with 36 percent
Europe is a monthly gauge of online job demand 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 across Europe. 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.
Annual growth in Industrial production remain a key contributor to overall growth in online recruitment across the Continent, leading for the last six months in the Index as sector employers have continued to ramp up their efforts, commented Alan Townsend, Vice President of Sales Readiness and Business Operations for Monster Europe. While government cuts continue to impact the arts and public sectors, private sector opportunities are increasingly diversified, with strengthening growth trends in creative areas like marketing, an encouraging sign.
