Monster Employment Index Continues to Grow: March Index Sees 9% Year-over-Year Increase

Monster Employment Index Continues to Grow: March Index Sees 9% Year-over-Year Increase

March 2011 Index Highlights:

• 
  Annual growth rate accelerates to 9 percent in March, marking 14^th
  month of consecutive year-over-year growth
  


• 
  All 28 metro markets continue to record positive annual growth in March
  


• 
  Mining, quarrying, oil and gas extraction, and utilities continue to
  lead the Index on an annual basis with an increase of 68 percent and
  35 percent respectively
  


• 
  Real estate, rental and leasing and public administration register
  further annual declines of 19 percent and 13 percent respectively
  


• 
  Index climbs 5 percent (7 points) month-over-month, exceeding
  historical average for the February-March period
  


• 
  Online job availability edges higher across all industry sectors
  month-over-month
  

The Monster
Employment Index is a monthly gauge of U.S. 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. 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.

The March Index reinforces a consensus from other leading indicators
that the labor market is continuing to grow at a measured pace, said
Jesse Harriott, senior vice president and chief knowledge officer at
Monster Worldwide. We continue to see the impact of an increased demand
for specialized IT talent as well as sustainable recruitment levels for
all related healthcare occupations. We are now seeing hopeful signs in
the wholesale trade and manufacturing sectors which are historically
considered foundations of an improving economy.

Industry Year-over-year Trends: 14
of the 20 industries monitored by the Index showed positive annual
growth trends.

• Mining, quarrying, oil and gas extraction (up 68 percent), and Utilities
  (up 35 percent) continued to lead the Index on an annual basis
  with strong demand for workers in the South and West
  


• Wholesale trade (up 23 percent) continued its upward momentum,
  suggesting an improvement in related business conditions with gains in
  business activity and inventories
  


• 
  Year-on-year growth turned positive for Educational services
  (up 9 percent) and Administrative and support and waste management
  and remediation services (up 6 percent) after two consecutive
  months of negative growth
  


• Public administration (down 13 percent) continued to retract on
  an annual basis despite recording a strong monthly growth driven by
  the Department of Defense and Veteran's Affairs
  


• Real estate, rental and leasing (down 19 percent) led all
  industry sectors in declines as the market continues to await a
  housing recovery
  

Occupation Year-over-year Trends:Annual
online demand for workers rose in 17 of the 23 occupational categories
in March.

• Healthcare support (up 31 percent) continued to gain most
  momentum with annual growth accelerating from 13 percent in February,
  corresponding with an improvement in the broader healthcare and social
  assistance sector
  


• Business and financial operations (up 16 percent) and Legal (up
  12 percent) among other white collar occupations, registered notable
  improvement in long term growth
  

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

• Detroit (up 51 percent) remained the top growth market with
  long-term gains for healthcare support, IT, legal, and production
  occupations.
  


• 
  Long-term growth slowed for Portland (up 14 percent YoY) with
  tempered demand for computer and mathematical (IT); arts, design,
  entertainment, sports, and media; and construction and extraction
  occupations
  

International Trends:

• Monster Employment Index Europe registered a 24 percent pace of
  annual growth in February, as industrial production related sectors
  continued to lead the Index in long-term trends. Accelerated annual
  growth rates were recorded for the engineering, research and
  development; and production, manufacturing, maintenance, and repair
  sectors
  


• Monster Employment Index India recorded a 21 percent increase
  year-over-year, driven primarily by a robust 45 percent increase in
  the retail sector.
  

To obtain a full copy of the Monster Employment Index report for March
2011, and to access current individual data charts for each of the 28
metro markets tracked, please visit http://about-monster.com/employment-index.
Data for the month of April 2011 will be released on May 5, 2011.

About the Monster Employment Index

Launched in April 2004 with data collected since October 2003, the
Monster Employment Index is a broad and comprehensive monthly analysis
of U.S. online job demand 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 online job recruitment activity measured within a margin of error
of +/- 1.05%.

About Monster Worldwide

Monster Worldwide, Inc. (NYSE: MWW),
parent company of Monster(R), 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. To
learn more about Monster's industry-leading products and services, visit www.monster.com.
More information about Monster Worldwide is available at http://about-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 and other filings made with the Securities
and Exchange Commission, which discussions are incorporated in this
release by reference.

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