Monster Local Employment Index Reports Online Recruitment Activity Dipped in 18 of 28 Top U.S. Metro Markets in June

Online job availability declined in 18 of the top 28 U.S. metro markets in June, reflecting a mild seasonal summer slowdown in online recruitment and job posting activity across all major markets, according to the latest findings of the Monster Local Employment Index. The Index is based on a real-time review of millions of employer job opportunities culled from more than 1,500 different Web sites, including Monster®. "The decline in online job availability in a majority of major U.S. metro areas reflect the typical summer seasonal slowdown in recruitment,” said Steve Pogorzelski, Executive Vice President, Global Sales and Customer Development at Monster Worldwide. "While most markets continue to demonstrate healthy underlying growth, the downturn in business/financial operations opportunities may point to challenges in the financial sector, including the recent declines in the sub-prime mortgage industry.” Among the 28 cities monitored by the Index, Orlando, Los Angeles and Philadelphia registered the sharpest declines in online recruitment activity during June, offsetting the strong gains that they recorded in recent previous months. Orlando, which plunged five points, or five percent, recorded the largest drop, followed closely by Los Angeles, which fell four points, or four percent, and Philadelphia, which also shed four points, or three percent. The decline in Orlando last month suggests moderating local demand for workers following a particularly strong surge in May when the Index for Orlando jumped five points. In Los Angeles, the decline in recruitment activity was most pronounced in the white-collar segment, with reduced opportunities in occupations such as legal and management. Meanwhile, the Index for Philadelphia showed lower online job availability across the majority of occupational categories tracked, with business/financial operations and legal among the categories that dipped during the month of June. Minneapolis, which added two points, or two percent, saw the greatest monthly increase in online recruitment activity in June, fueled by strong seasonal demand for healthcare workers and increased opportunities in construction. Healthcare practitioners and technical occupations registered the largest jump of all categories in the Twin Cities of Minneapolis-St. Paul last month, mirroring a similar spike seen in June of last year, and also suggesting a recurring seasonal hiring pattern. Opportunities for Twin Cities healthcare support positions also widened. In a sign of new activity in the region’s blue-collar segment, online job offerings for both construction and extraction; and installation, maintenance, and repair occupations edged higher on both a monthly and annual basis. The Index for Pittsburgh edged up one point last month, continuing a five-month growth trend as demand for workers in food services, construction and manufacturing rose further. The Index for Pittsburgh is now up 15 percent year-over-year, suggesting a tightening of the local labor market and an improving local economy. Despite a mild decline in June, the food preparation and serving category is up 50 percent compared to a year ago, and remains the Index for Pittsburgh’s top growth category. Signs of renewed strength were also seen in the blue-collar industries with installation, maintenance, and repair registering the highest rate of increase in online opportunities in June. Meanwhile, the Index for Denver also climbed one point, or one percent, on greater demand for workers in a number of categories, including protective service; community and social services; and legal. Online opportunities for computer and mathematical (IT) occupations rose, both on the month and on a year-over-year basis. Other categories in Denver showing sizable gains compared to last year include sales and related; office and administrative support; and construction and extraction. Despite a slight decline in June, Dallas remains the Monster Local Employment Index’s second-fastest growth market on a year-over year basis, reflecting continued strength in the broader Texas economy. The Index for Dallas dipped three points, or two percent, in June, causing its annual growth pace to slide from 17 percent to 15 percent. The decline in Dallas reflects fewer online job opportunities in office and administrative support; and food services related occupations, however, both categories remain sharply above year-ago levels. Online job availability in Houston remained flat last month. Nevertheless, the market continues to hold the Index’s top rank in terms of annual growth, and all occupational categories tracked in the Houston area continue to show double-digit growth year-over-year, indicating broad based expansion across all industry sectors. Both Dallas and Houston saw solid demand for sales and related occupations which is reflective of the growing population base and sustained consumer spending in both regions. In California, all four monitored markets registered moderate declines in online job availability in June, indicating that the state’s labor market may be loosening. Los Angeles dipped four points, or four percent, largely driven by a sharp, 29-point decline in online opportunities for legal occupations. Sacramento declined two points, or two percent, amid fewer opportunities in both blue- and white- collar opportunities, however, much of the decline may be seasonal as the Index for Sacramento showed a similar decline a year ago. San Diego and San Francisco both shed three points last month, with San Diego reporting fewer white-collar opportunities in management and legal occupations, while San Francisco showed sharply reduced offerings for computer and mathematical (IT) and transportation and material moving occupations. A majority of the 28 markets tracked registered lower online demand for workers in business and financial operations during June, suggesting that business conditions including the erosion of the sub-prime mortgage sector may be impacting hiring in the financial sector. The category declined in 23 of the top 28 markets on the month compared to only one market a year ago – a strong indication that the drop may not have been seasonal in nature. The fact that all 28 markets are now showing lower annual growth rates for the category provides further evidence of softening recruitment in this sector. Overall results for the top 28 U.S. metro markets over the past 13 months are as follows:     JUN 07   MAY 07   APR 07   MAR 07   FEB 07   JAN 07   DEC 06   NOV 06   OCT 06   SEP 06   AUG 06   JUL 06   JUN 06 Atlanta   118   117   117   115   113   106   109   110   111   110   108   106   106 Baltimore   104   106   106   106   105   101   105   106   107   106   107   102   103 Boston   108   111   107   105   104   102   103   105   108   107   107   100   104 Chicago   112   112   112   110   109   102   105   109   110   108   107   104   105 Cincinnati   107   107   107   106   108   103   105   108   106   106   105   106   105 Cleveland   115   117   116   115   113   106   110   113   113   108   109   105   106 Dallas   123   126   122   118   114   108   107   111   110   110   109   107   107 Denver   119   120   117   113   108   104   108   112   112   112   113   109   106 Detroit   107   108   107   108   108   103   106   110   109   108   108   104   104 Houston   132   132   131   126   122   115   117   120   120   117   115   112   111 Indianapolis   110   111   113   109   108   103   104   109   108   108   107   107   105 Kansas City   119   118   117   113   111   108   110   114   114   113   111   106   107 Los Angeles   113   117   117   115   110   103   103   104   105   104   101   104   102 Miami   111   113   112   111   108   104   105   107   108   106   105   103   105 Minneapolis   119   117   115   112   110   108   110   114   116   113   111   109   109 New York City   110   110   111   109   108   103   104   108   108   106   106   102   104 Orlando   108   113   108   108   106   102   103   107   106   105   105   103   101 Philadelphia   108   112   109   108   104   103   104   107   106   105   105   102   101 Phoenix   114   113   111   111   106   105   105   110   110   111   112   110   111 Pittsburgh   117   116   114   112   108   105   105   109   109   106   106   103   102 Portland   119   120   116   114   109   105   105   111   113   112   115   107   108 Sacramento   111   113   112   111   108   102   105   108   109   106   109   105   103 San Diego   106   109   110   109   106   103   106   110   111   110   115   107   106 San Francisco   112   115   114   112   111   107   107   111   111   109   110   105   105 Seattle   115   117   113   112   110   106   108   111   113   112   115   109   109 St. Louis   123   123   122   121   113   106   104   108   111   109   108   105   108 Tampa   104   106   108   107   105   101   100   103   104   103   106   104   104 Washington, D.C.   106   108   107   106   102   100   101   104   106   106   106   101   100 The July results of the Monster Local Employment Index will be released on August 16, 2007. About the Monster Local Employment Index Providing a broad, comprehensive monthly analysis of online job demand in the top 28 U.S. metro markets, the Monster Local Employment Index is an extension of the national Monster Employment Index, which is compiled each month by researchers at Monster Worldwide, Inc. (NASDAQ: MNST), parent company of the leading global online career and recruitment resource, Monster®. Based on a real-time review of millions of employer job opportunities culled from more than 1,500 Web sites, including Monster®, the Monster Local Employment Index presents a snapshot of employer online recruitment activity in the top 28 U.S. markets with the largest working populations. The Index counts job postings as an indicator of employer demand for employees or, in other words, job availability. Job postings are online advertisements placed by an employer looking to fill one or more vacant, or recently created, job positions. All of the data and findings have been validated for accuracy through independent, monthly third party auditing conducted by ARC Research of Cranford, New Jersey. Individual Index reports containing data for each of the 28 metro markets, as well as additional information on occupational demand in each area, are now available at http://LocaleIndex.monsterworldwide.com. About Monster Worldwide Monster Worldwide, Inc. (NASDAQ: MNST), parent company of Monster®, the premier global online employment solution for more than a decade, strives to bring people together to advance their lives. With a local presence in key markets in North America, Europe, and Asia, Monster works for everyone by connecting employers with quality job seekers at all levels and by providing personalized career advice to consumers globally. Through online media sites and services, Monster delivers vast, highly targeted audiences to advertisers. Monster Worldwide is a member of the S&P 500 Index and the Nasdaq 100. To learn more about Monster's industry-leading products and services, visit www.monster.com. More information about Monster Worldwide is available at www.monsterworldwide.com. Special Note: Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995: Except for historical information contained herein, the statements made in this release constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements involve certain risks and uncertainties, including statements regarding Monster Worldwide, Inc.'s strategic direction, prospects and future results. Certain factors, including factors outside of Monster Worldwide's control, may cause actual results to differ materially from those contained in the forward- looking statements, including economic and other conditions in the markets in which Monster Worldwide operates, risks associated with acquisitions, competition, seasonality and the other risks discussed in Monster Worldwide’s Form 10-K and other filings made with the Securities and Exchange Commission.