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After the record-high unemployment in the Eurozone hit worldwide news this week, new research today shows that online recruitment activities have continued to be impacted by the ongoing troubles in the euro area, job board Monster claims.
The company’s employment index for Europe in July sees a +2% rise in online jobs posts when compared to a year ago, but the majority of countries posted a reduction of hiring activities. Germany remains the winner, with a +13% growth rate in the region while in Sweden online employment remained flat.
Five countries saw a year-over-year decline in online recruitment activity in July, with the sharpest drop seen in the Netherlands (-18%), followed by France (-10%), Belgium (-4%), the UK (-3%) and Italy (-1%).
“Germany remains the growth driver of online recruitment across Europe, providing buoyancy to an otherwise muted labour market,” said Alan Townsend, Vice President of Sales Readiness and Business Operations for Monster Europe.
“However, while the uncertain outlook of the Eurozone continues to impact recruitment levels, it is encouraging to see over half of industries remain positive in July, with sectors such as architecture, education and manufacturing seeing stronger demand.”
15 out of the 24 industry sectors monitored in July showed positive annual growth trends. This included environment, architecture, urbanism (+16%), the ‘hottest’ sector in the month, followed by education (+11%).
Public sector, defence and community were affected by a reduction (-1%) in online recruitment with both banking, finance, insurance and arts, entertainment, sports, leisure remaining at the bottom of the list.
The Monster Employment Index Europe is a monthly gauge of online job posting activity based on a review of millions of employer job opportunities culled from a large representative selection of career web sites and online job listings across Europe.