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Online recruitment across Europe slowed down in June, seeing only a +1% increase in annual growth, which is much below the +6% reported in May, the new Monster Employment Index showed today. And the index, which covers Europe’s largest staffing markets, showed mixed results with the majority of the countries experiencing a reduction in job vacancies.
“The marked reduction in online recruitment recorded in June’s Index is unsurprising considering the current uncertainty of the wider economy,” said Alan Townsend, Vice President of Sales Readiness and Business Operations for Monster Europe.
Germany still beats all other regions with an increase of +11% in online job postings although this comes at a reduced pace from May when the country showed a +19% rise of vacancies. Italy was the only other country to report growth, if only of +2% while the UK’s rate remained flat when compared to a year ago. But the Netherlands (-20%), France (-14%), Belgium (-7%) and Sweden (-4%) all saw sharp declines in online recruitment activity.
“While recruitment demand is generally muted, over a third of industries continue to report annual growth, with a variety of opportunities across sectors including architectural, telecommunication and education,” Mr Townsend said.
The sectors to show the strongest annual growth are environment, architecture and urbanism, which was up by +17% while in engineering this remained steady at +6%.
Industries that noted a decline include arts, entertainment, sports, leisure as well as the public sector, which are both at the bottom of the index, showing a -5% reduction in online jobs.
The Monster Employment Index Europe is a monthly gauge of online job posting activity based on a review of millions of employer job opportunities, gathered from career web sites and online job listings across Europe.