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Monster Index Slips in July

August 05 2011

Monster’s U.S. employment index dipped two points in July to 144, a reading that is in line with seasonal expectations, Monster Worldwide Inc. announced today.

On an annual basis, the index rose 4 percent, or six points, the 18th consecutive month of growth.

“The Index has sustained positive annual growth during each month of 2011 despite a cautious economic environment,” said Jesse Harriott, senior vice president and chief knowledge officer at Monster Worldwide. “Demand for workers within the commerce-related sectors as well as demand for specialized skill sets like IT, engineering and healthcare, continue to offset the ongoing reductions in the public sector.”

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

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