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Monster: Canada Index Falls

November 04 2011

Monster Worldwide Inc.’s quarterly employment index for Canada fell in the third quarter to 116 from 127 in the second quarter. However, the index grew 15 percent on a year-over year basis from 101 in the third quarter of 2010.

The major cities tracked by the index all showed year-over-year gains.

Processing, manufacturing and utilities posted the largest year over year gain of 113 percent to 183 in the third quarter. “Primary Industry,” which includes agriculture, forestry and fishing, rose 76 percent from last year to 153.

“Online recruitment remained significantly higher on a year-over-year basis, with Q3 showing a 15-percent increase from the 2010 period amid particularly strong activity in manufacturing and processing jobs and primary industry occupations,” said Peter Gilfillan, senior vice president of international sales and general manager of Monster Canada.

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