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Monster Employment Index Rises

July 08, 2011

Monster’s U.S. employment index rose three points to a reading of 146 in June, its highest reading since October 2008, Monster Worldwide Inc. announced today.

“It is encouraging to see that the Monster employment index U.S. has reached its highest level since October 2008 and has shown continued growth in the current economic cycle,” said Jesse Harriott, senior vice president and chief knowledge officer at Monster Worldwide. “Expansion in recruitment activity for the commerce sectors, like retail and wholesale trade in particular, is a positive indication of continued momentum in economic activity.”

The index is based on a review of online job ads taken from a selection of websites, including Monster.