EconoIndicators

Monster Employment Index At a Glance

• May Index: 163
• Monthly Change: Down 3
• Year-to-year Change: Down 23 Points
• Regions Growing: 1
• Regions Unchanged: 0
• Regions Declining: 8

Technorati Tags: monster, employment, index

www.monster.com June 2008
CONTACTS:
Deepika Murty
Monster Worldwide
(978) 461-8765
Deepika.Murty@monster.com
Andy Rohr
Weber Shandwick
(617) 520-7030
arohr@webershandwick.com
Monster Employment Index Dips Slightly in June
June 2008 Index Highlights:
• Index edges down three points in June, reflecting mild
seasonal lull in U.S. online recruitment activity as springtime
recruitment period winds down
• Year-over-year growth rate holds steady from May, suggesting
no significant change in underlying demand for labor
nationwide
• Finance/insurance and real estate are weakest trending
industry sectors – in line with other reports showing continued
deceleration in U.S. business and investment activity
• Manufacturing and retail trade industries edge higher, while
healthcare, management, and public administration show
continued strength
• West South Central region is Index’s top metro market
performer year-over-year, while Pittsburgh remains Index’s top
growth market on an annual basis
Summary Overview
The Monster Employment Index edged down three points in June, as
U.S. online recruitment activity eased slightly following the typically
elevated early-springtime hiring period. The Monster Employment
Index is a monthly gauge of U.S. online job demand based on a realtime
review of millions of employer job opportunities culled from a
large representative selection of corporate career Web sites and job
boards, including Monster®.
Online job availability rose in four of the Index’s 20 industry categories
and in six of the 23 occupational categories measured during the
month of June. Despite the slight dip overall last month, the Index’s
year-over-year growth rate held steady at -12 percent, suggesting no
further erosion in U.S. online job demand. Index results for the past 13
months are as follows:
JUN 08 MAY 08 APR 08 MAR 08 FEB 08 JAN 08 DEC 07 NOV 07 OCT 07 SEP 07 AUG 07 JUL 07 JUN 07
163 166 174 167 165 160 169 183 188 186 186 183 186
2 of 12
www.monster.com June 2008
“From a seasonal view, the Monster Employment Index’s contraction
in June was relatively mild and in keeping with historical trends
showing a more moderate recruitment environment heading into the
slower summer months,” said Jesse Harriott, Vice President of Research
at Monster Worldwide. “While online hiring activity is clearly less robust
than a year ago, an encouraging take-away and potential sign of
stability is the fact that the Index’s year-over-year growth rate in June
remained unchanged from May.”
Retail Trade Industry Registers Largest Monthly Increase in Online Job
Demand in June
Online labor demand in the retail trade industry jumped sharply in
June, rising for the fourth time in five months. The category’s mostly
upward growth trend correlates with other reports showing recent
gains and continued year-over-year growth in retail sales, and may
point to growing optimism among retailers that consumers will spend
at least a portion of their stimulus checks on purchases over the
coming months. The transportation and warehousing; healthcare and
social assistance; and management of companies industry categories
also edged higher in June.
In contrast, several industry categories registered declines last month,
including construction; professional, scientific and technical services;
leisure and hospitality; and public administration.
On an annual basis, agriculture and public administration are the two
industry categories showing greater online job availability compared
to a year ago. Arts, entertainment and recreation; utilities; and
finance and insurance have seen the steepest declines in online
recruitment activity over the last 12 months.
Management; Personal Care and Service; and Military Specific
Occupations See Strongest Gains in Online Job Opportunities in June
Among occupations, personal care and service registered the
strongest monthly increase in online job availability in June, while
opportunities for management positions also expanded, extending an
upward growth trend initiated in April. The Index also showed greater
demand for workers in military specific; farming, fishing and forestry;
and community and social service professions. Meanwhile, online job
availability for healthcare practitioners and technical occupations
edged higher on the month as well, extending a four-month growth
trend and reflecting continued high demand for skilled healthcare
professionals.
3 of 12
www.monster.com June 2008
In contrast, the office and administrative category registered the
steepest decline in online recruitment activity among occupations in
June, followed closely by architecture and engineering; and arts,
design, entertainment, sports and media. The Index also showed
sharply fewer online opportunities in protective service and food
preparation and serving compared to the previous month.
On a year-over-year basis, six occupational categories are showing
higher demand compared to a year ago. Farming, fishing, and
forestry remains the Index’s top occupational category in terms of
annual growth, followed by military specific; healthcare practitioners
and technical; management; and healthcare support. At the
opposite end of the spectrum, business and financial operations;
computer and mathematical; and architecture and engineering have
all seen significant declines in online job availability compared to a
year ago.
Online Job Availability Declines in Eight of Nine U.S. Census Bureau
Regions in June
During June, online job availability dipped in eight of the nine U.S.
Census Bureau regions, with only the East South Central edging higher
and the West South Central registering the sharpest drop. Year-overyear,
all nine regions are now at lower levels of online job availability
compared to a year ago, with the Pacific region showing the greatest
annual decline.
At the state level, online job demand fell in 33 of the 50 U.S. states plus
the District of Columbia between May and June.
Adjusting the number of online help-wanted ads for total
employment, the following states had the highest per-worker online
job availability during June:
Rank State
1 Alaska
2 Massachusetts
3 Connecticut
4 Delaware
5 Vermont
6 Colorado
7 Maryland
8 Arizona
4 of 12
www.monster.com June 2008
9 Wyoming
10 New Jersey
Online Job Availability Declines in 24 of the Top 28 Major U.S. Metro
Markets
During June, online recruitment activity eased in 24 of the 28 U.S.
metro areas monitored by the Index. Demand held steady from the
previous month in four Midwest markets (Cincinnati, Detroit, Kansas
City and Pittsburgh), while Philadelphia and Washington, D.C.
registered the steepest declines, mostly due to sharply fewer
opportunities in the sciences, healthcare and construction.
On an annual basis, two of the 28 monitored markets are showing
greater online job availability compared to a year ago. Pittsburgh
remains the Index’s top growth market year-over-year, helped by
strong demand in blue-collar segments such as construction and
manufacturing. Houston’s growth rate, while positive, showed some
deceleration amid fewer online job opportunities in management,
healthcare, and a number of public-sector related occupational
categories. Compared to June 2007, Washington, D.C. has seen the
largest rate of decline in online recruitment activity among all 28
metro markets.
Top Industries Looking for Employees in June
Industries showing the greatest increase in online job availability in June
included:
INDUSTRY JUN 08
MAY
08
APR 08
MAR
08
FEB 08 JUN 07
Retail Trade 171 162 167 154 150 188
Transportation and
Warehousing 181 178 180 174 168 198
Management of
Companies and
Enterprises 150 149 161 150 152 152
Health Care and Social
Assistance 120 119 119 116 113 120
Educational Services 108 108 119 114 113 135
Most Wanted Occupational Experience in June
5 of 12
www.monster.com June 2008
Occupational categories registering most significant increases in
online job demand in June included:
OCCUPATIONS JUN 08
MAY
08
APR 08
MAR
08
FEB 08 JUN 07
Personal Care and Service 137 131 127 126 120 170
Management 202 196 182 173 184 191
Military Specific 182 178 172 169 161 163
Community and Social
Services 198 195 194 190 204 209
Healthcare Practitioners
and Technical 199 196 193 181 166 181
Online Job Demand Increases in One U.S. Census Bureau Region in
June
Online job availability increased in one of the nine U.S. Census Bureau
Regions in June. The regions are presented here in order of largest
monthly increase:
U.S. CENSUS BUREAU
REGIONS
JUN 08
MAY
08
APR 08
MAR
08
FEB 08
JUN
07
East South Central 157 156 166 154 152 167
West North Central 175 176 186 178 177 189
New England 157 159 173 167 172 188
East North Central 150 152 163 159 157 167
South Atlantic 149 151 163 156 155 173
Mountain 167 170 179 173 170 191
Middle Atlantic 151 155 169 160 159 179
Pacific 147 151 161 158 156 187
West South Central 259 264 262 250 245 260
6 of 12
www.monster.com June 2008
80
90
100
110
120
130
140
150
160
170
180
190
200
June July Aug Sep Oct Nov Dec Jan Feb Mar Apr May June
Monster Employment Index, 2007-2008
JUN 07 JUL 07 AUG 07 SEP 07 OCT 07 NOV 07 DEC 07 JAN 08 FEB 08 MAR 08 APR 08 MAY 08 JUN 08
186 183 186 186 188 183 169 160 165 167 174 166 163
7 of 12
www.monster.com June 2008
By Region
2008 2007
Jun May Apr Mar Feb Jan Dec Nov Oct Sep Aug Jul Jun
New England 157 159 173 167 172 164 174 190 194 187 188 188 188
Mid-Atlantic 151 155 169 160 159 153 163 178 184 180 180 177 179
East North Central 150 152 163 159 157 149 158 171 174 171 169 166 167
West North Central 175 176 186 178 177 168 176 190 196 194 191 185 189
South Atlantic 149 151 163 156 155 151 158 169 173 172 172 170 173
East South Central 157 156 166 154 152 146 153 166 172 169 168 164 167
West South Central 259 264 262 250 245 236 248 265 271 268 266 260 260
Mountain 167 170 179 173 170 169 178 191 195 195 195 189 191
Pacific 147 151 161 158 156 155 164 179 183 183 184 183 187
8 of 12
www.monster.com June 2008
By Industry
2008 2007
Jun May Apr Mar Feb Jan Dec Nov Oct Sep Aug Jul Jun
Agriculture, Forestry,
Fishing and Hunting 202 207 200 200 196 162 171 171 171 171 171 173 171
Mining, Quarrying
and Oil and Gas
Extraction
167 171 167 168 172 160 157 163 171 168 166 167 169
Utilities 121 135 126 127 124 124 159 198 186 172 172 172 175
Construction 213 217 216 211 205 195 202 215 222 228 222 214 219
Manufacturing 116 117 120 117 111 104 116 126 132 130 126 126 132
Wholesale Trade 157 161 167 164 165 154 159 167 173 172 168 163 164
Retail Trade 171 162 167 154 150 148 160 180 186 185 180 187 188
Transportation and
Warehousing 181 178 180 174 168 163 176 195 201 209 198 190 198
Information 122 124 134 124 119 115 127 141 146 142 142 136 136
Finance and
Insurance 103 110 123 117 120 112 133 147 156 153 154 148 146
Real Estate and
Rental and Leasing 105 113 115 108 107 99 105 124 134 138 145 149 148
Professional,
Scientific, and
Technical Services
126 136 138 133 130 123 134 153 157 153 153 151 154
Management of
Companies
and Enterprises
150 149 161 150 152 144 149 160 162 156 158 161 152
Administrative,
Support, Waste
Management,
Remediation Services
91 96 100 97 95 86 95 117 124 120 119 112 111
Educational Services 108 108 119 114 113 101 112 123 126 133 130 130 135
Healthcare and
Social Assistance 120 119 119 116 113 108 115 125 127 124 121 120 120
Arts, Entertainment,
and Recreation 79 87 100 92 84 96 122 143 166 173 161 153 153
Accommodation and
Food Services 138 148 164 140 137 128 148 167 167 170 169 169 170
9 of 12
www.monster.com June 2008
Public Administration 178 193 228 217 208 185 188 188 184 155 155 161 159
Other Services 226 226 223 211 203 192 198 210 215 217 220 218 226
By Occupation
2008 2007
Jun May Apr Mar Feb Jan Dec Nov Oct Sep Aug Jul Jun
Management 202 196 182 173 184 178 183 194 199 194 197 192 191
Business and Financial
Operations 163 170 184 177 183 175 189 207 210 206 208 208 207
Computer and
Mathematical 147 153 167 162 160 157 167 178 183 181 181 179 182
Architecture and
Engineering 154 163 175 177 173 173 182 196 202 198 198 194 195
Life, Physical, and
Social Science 144 146 159 156 153 147 156 166 174 168 168 168 169
Community and Social
Services 198 195 194 190 204 196 200 216 213 218 218 209 209
Legal 163 167 180 171 175 167 186 218 214 217 211 216 224
Education, Training,
and Library 125 130 147 144 142 137 147 158 160 168 164 157 164
Arts, Design,
Entertainment, Sports,
and Media
108 116 130 128 125 126 139 151 156 157 157 160 165
Healthcare
Practitioners and
Technical
199 196 193 181 166 162 170 182 185 182 179 178 181
Healthcare Support 218 221 218 201 195 205 206 209 209 209 213 209 209
Protective Service 119 127 135 130 130 142 164 176 177 174 179 180 176
Food Preparation and
Serving Related 154 162 183 159 161 152 164 173 175 178 180 185 193
Building, Grounds
Cleaning,
Maintenance
152 157 160 154 145 136 141 150 155 155 158 153 155
Personal Care and
Service 137 131 127 126 120 159 155 167 170 170 173 168 170
10 of 12
www.monster.com June 2008
Sales and Related 112 118 132 128 125 122 131 145 150 150 147 145 147
Office and
Administrative Support 136 146 153 150 152 145 154 172 177 174 175 168 172
Farming, Fishing, and
Forestry 188 185 172 172 174 140 142 140 142 142 142 142 143
Construction and
Extraction 131 135 141 137 129 124 131 143 149 153 150 146 149
Installation,
Maintenance, and
Repair
185 190 186 164 159 154 160 172 179 183 182 176 178
Production 136 140 147 145 142 131 139 149 154 153 150 147 149
Transportation and
Material Moving 106 106 113 111 108 108 116 128 132 135 132 131 132
Military Specific 182 178 172 169 161 159 184 183 193 170 167 165 163
11 of 12
www.monster.com June 2008
By Local Market
2008 2007
Jun May Apr Mar Feb Jan Dec Nov Oct Sep Aug Jul Jun
Atlanta 120 122 131 127 129 123 134 146 149 145 140 138 142
Baltimore 80 83 91 88 89 86 94 101 104 103 103 100 103
Boston 114 121 131 123 131 120 135 152 153 150 147 152 150
Chicago 105 109 119 115 121 106 120 142 142 144 141 137 139
Cincinnati 129 129 141 132 137 124 135 151 158 150 143 143 148
Cleveland 126 128 137 133 129 114 127 137 140 136 135 131 134
Dallas 138 140 147 139 138 128 137 150 150 148 144 140 142
Denver 134 136 138 133 130 125 136 145 149 151 147 142 144
Detroit 125 125 132 128 123 105 119 135 138 139 132 129 134
Houston 158 160 164 159 157 146 153 163 164 162 163 158 157
Indianapolis 110 113 119 111 114 98 108 120 124 123 118 115 118
Kansas City 139 139 152 140 145 123 140 159 162 156 153 143 148
Los Angeles 90 93 101 98 99 90 100 114 116 117 118 117 123
Miami 88 89 96 91 95 92 94 105 105 109 106 105 108
Minneapolis 119 124 129 124 123 115 122 134 137 134 128 123 130
New York City 103 110 118 113 117 108 117 131 131 133 130 127 130
Orlando 74 76 84 76 77 70 75 88 86 90 85 85 91
Philadelphia 94 104 116 106 105 98 108 125 126 130 124 121 126
Phoenix 99 102 104 102 104 99 107 117 120 121 122 115 117
Pittsburgh 163 163 163 153 147 140 149 161 157 155 145 141 148
Portland 128 130 140 135 128 114 126 153 163 159 160 146 148
Sacramento 91 93 95 93 95 89 98 116 120 121 118 116 119
San Diego 95 98 102 98 98 91 96 105 110 112 114 110 116
San Francisco 97 102 106 103 109 100 110 122 125 125 129 123 126
Seattle 135 136 139 137 131 120 133 147 151 151 149 143 148
St. Louis 147 148 154 149 149 137 147 160 166 167 158 151 162
12 of 12
www.monster.com June 2008
Tampa 95 96 99 95 95 90 97 104 103 104 104 102 104
Washington, D.C. 87 96 105 100 101 90 103 118 120 123 120 114 121
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 online career outlets,
including Monster, the Monster Employment Index presents a snapshot of
employer online recruitment activity nationwide. The Monster Employment
Index’s underlying data is validated for accuracy by Research America,
Inc. – an independent, third-party auditing firm – to ensure that measured
online job recruitment activity is within a margin of error of +/- 1.05%. Data
for the month of July will be released on July 31, 2008.
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 inspire people to improve 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 and other filings made with the
Securities and Exchange Commission.

Source: Monster