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Online recruitment in Europe has been sluggish with demand falling sharply in the construction and manufacturing industries, according to the latest Monster employment index.
The index has recorded a -2% fall of job postings in September when compared to a year ago.
Germany, which has one of the most resilient labour markets in Europe, is showing signs of a slowdown with recent statistics recording an increase in unemployment. The number of jobs advertised on Monster continued to decelerate in September but still showed +3% growth.
This figure is closely followed by Belgium where job postings grew +2% year-over-year. The UK was also one of the countries posting a small increase of vacancies which were up +1%. But all other regions monitored by Monster showed a decline in online recruitment with France and Netherlands recording double-digit falls in annual growth figures.
“As the ongoing crisis of the Eurozone continues to undermine business confidence, the impact to employer recruitment activity remains clear as the Index registers an overall decline in annual online recruitment for the second consecutive month,” said Alan Townsend, Senior Vice President of Sales Readiness and Business Operations for Monster Europe.
“Following the latest OECD economic assessment showing key Eurozone countries entering recession, we would expect online hiring to remain tempered. Despite this, it is encouraging to see critical categories for future economic growth like Engineering and IT growing year-over-year.”
Only seven of the 24 industry sectors surveyed showed an increase in job postings, most notably the environment, architecture and urbanism sector where jobs were up +22%. Education, training and library vacancies also increased by +10%, followed by real estate (+7%), IT (+2%), and engineering (+2%).
Apart from construction and manufacturing where jobs declined by -6% and -5% respectively, industries with a negative growth rate include agriculture (-5%), transport and logistics (-5%), as well as administrative jobs (-5%).