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View All NewsEurope — Online recruitment activity dips by 3%
13 October 2009
The Monster Employment Index Europe, a monthly analysis of millions of online job opportunities from a large, representative selection of corporate career sites and job boards across Europe including Monster is out today.
The Monster Employment Index Europe dipped in September, as offerings fell three points (3%). Reduced hiring was noted in the public sector, with previously strong areas such as education and healthcare now showing decreasing trends.
Declines were seen in Italy, France, The Netherlands and the UK, while Germany dipped following its August uptick.
Compared to year-earlier figures, the Index was down 37%, unchanged from August. Whilst online job opportunities continue to decline on a monthly basis, they are falling at a slower rate than seen earlier this year.
"Recruitment activity across Europe continues to moderate, indicating organisations remain reluctant to hire as global economic uncertainty lingers. Surprisingly, public sector vacancies are now declining, suggesting strained public finances may now be impacting European governments’ job creation ambitions," commented Hugo Sellert, head of economic research at Monster Worldwide.
"On the upside, however, demand has stabilised for sales and marketing professionals. Recent rises in sentiment indicators such as consumer and business confidence may indeed have encouraged companies to start investing in their workforce in preparation for recovery."