Daily NewsView All News
Monster’s latest Employment Index, published today, shows that some of Europe’s major labour markets recorded some moderate growth in online recruitment last month, amidst the persisting downward trend.
The Monster Employment Index Europe reported a -3% decline in online recruitment activity compared to the same time last year, the sharpest rate of reduction since April 2010. Although Germany continued to report reduced demand it still recorded a +2% annual growth rate; followed by Belgium and the United Kingdom (both up by +1%).
"It is clear the broader economic uncertainties are impacting hiring activity, as reflected by the three percent decline in October's Index -- a rate of reduction not seen since April 2010," commented Alan Townsend, Senior Vice President of Sales Readiness and Business Operations for Monster Europe.
"According to the latest OECD figures, larger markets in the EU are now reporting recession, and even Germany which has been the star performer in the Index, has been experiencing a slow-down in hiring levels. However, we also see pockets of resilient demand across key sectors such as Education, Healthcare and Production, which all exhibit growth year-over-year."
In Germany, IT and education registered the strongest annual increase (+10%), and plant and machine operators and assemblers recorded a tenth consecutive month as the strongest performing occupational group (+16%). Furthermore, more than half of all German regions reported growth compared to year-ago levels, led by Saschsen-Anhalt (+16%).
In Belgium, online hiring increased year-over-year for a second consecutive month (+1%), with Sales jobs saw the largest annual increase (+15%), followed by Education, training, and library roles (+12%). The Brussels-Capital region was the only Belgian region to report annual growth in online hiring compared to year-ago levels
The UK saw three months of consecutive annual growth, led by public sector, defence and community jobs (+48%). Plant and machine operators, and assemblers recorded the largest increase amongst all occupations (+4%). North England was the best-performing region (+6%), with online hiring activity increasing for the third consecutive month.
The Monster Index for Sweden was down -5% in October, on a year-on-year basis. Accounting increased by +12% amongst all sectors while Elementary occupations saw the strongest rate of annual growth among occupational categories (+9%).
In Italy, the Monster Employment Index continues to demonstrate reductions in online hiring (-6%). Nevertheless the demand in some sectors grew slightly, led by Administrative, organisation up +6% compared with October 2011. Elementary occupations were up by +12% and remained the highest performing occupational group for the twelfth consecutive month.
In France, online recruitment activity declined by -9% compared with October last year. Nevertheless Healthcare reported a +17% annual growth in online hiring. Skilled agricultural, forestry and fisheries was the only occupation group to see positive annual growth in October (+10%). All regions continued a six-month downward trend compared to year-ago levels.
In the Netherlands, the index fell by -18%, charting the steepest annual declines in three months. All sectors declined, except Banking that matched year-ago levels. Elementary occupations return to a rate of annual decline following September’s growth.