EconoIndicators

Monster Employment Index At a Glance

• Index: 143
• Monthly Change: Down 7
• Year-to-year Change: Down 40 Points
• Regions Growing: 0
• Regions Unchanged: 0
• Regions Declining: 9

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Monster Employment Index Declines in November
November 2008 Index Highlights:
• Index drops seven points in November and is now down 22 percent year-over-
year, as economic uncertainty and widespread layoffs weigh further on
recruitment activity
• Public administration remains the Index’s most resilient industry category,
although the trend appears to be weakening
• Demand in the professional, scientific, and technical services industry continues
to wane as slower business activity and lack of financing have reduced hiring
activity
• Food preparation and serving related occupations registered a slight increase as
hotels and restaurants sought to staff up for the holiday season
• On an annual basis, only farming; fishing and forestry; and healthcare
practitioners and technical maintained positive growth
• Demand fell across all major regions of the country with the West South
Central still holding up the best
• Orlando was the only major U.S. market among the top 28 local markets to
see an increase on the month and every market is now down year-over-year
Summary Overview
The Monster Employment Index fell seven points in November, as further economic
uncertainty and workforce reductions continued to weigh on U.S. online recruitment
activity. Year-over-year, the Index is now down 22 percent, with U.S. online job
availability at its lowest level since 2004.
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 corporate career Web sites and job boards, including
Monster®.
During November, online job availability rose in just one of the Index’s 20 industry
categories and in three of the 23 occupational categories measured. Index results for
the past 13 months are as follows:

Monster Employment Index - November 2008 [PDF]

Source: Monster