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The latest European Online Recruitment Index by Monster showed annual growth of 6% and found that month-on-month growth had gone up by +8% in April. But does this mean Europe is back on track when it comes to hiring trends?
“Although online recruitment remains positive at six percent in April’s Index, the uncertainty of the broader climate continues to impact online recruitment across the EU, where we see general deceleration of growth in all regions,” commented Alan Townsend, Vice President of Sales Readiness and Business Operations for Monster Europe.
“However, there are indicators of job creation still occurring; this is especially true in sectors like IT and manufacturing, generating opportunities for a spectrum of workers.”
Germany was the only country to exhibit strong annual growth at 19% despite further deceleration compared to previous months while the Netherlands had the greatest annual reduction (down -20%) for the fourth consecutive month.
Industries that showed particular annual growth include agriculture, fishing, and forestry. But the index showed that online employment was down in the public sector, defence, and community sector year-over-year.
Within the professional services segment, environment, architecture, urbanism, IT and Engineering remain among the stronger trending industries despite muted growth rates compared to trends typically seen at this time of the year.
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.
To read the full report, click here.