08.11.2005 16:05:00
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Online Job Demand in France Rises Sharply in October, Reversing Two-Month Downward Trend
-- Online Job Availability Increases across all Occupational Categories and all Regions
-- Demand for IT Professionals Shows Strong Growth
-- Legislators, Senior Officials and Managers in High Demand in the Banking, Finance and Insurance Sector
Online job recruitment activity and related employmentopportunities across France saw a significant rise in October,according to the Monster Employment Index France. A jump of ten pointsfrom 98 in September to 108 in October halted a two-month downwardtrend that the Index registered after reaching an all-time high of 110in July.
All of the occupational categories tracked by the Index sawincreases of varying degrees, with clerks, technicians andprofessionals registering the highest growth in online job demand.Skilled agricultural and fishery workers and plant and machineoperators saw the most moderate rise in online job availability.Significant increases in online job availability for both blue collarand white collar workers points to increased confidence in the Frencheconomy during October.
During August and September the banking and finance sectorappeared especially conservative in terms of online recruitmentactivity. However this trend was reversed in October with legislators,senior officials and managers experiencing strong growth in online jobdemand. The IT sector also saw a strong recovery in October withgrowth in demand for clerks, technicians and professionals.
Results for the Monster Employment Index France over the pasteleven months are as follows:
Oct Sep Aug Jul Jun May Apr Mar Feb Jan Dec
05 05 05 05 05 05 05 05 05 05 04
--------------------------------------------
108 98 102 110 106 106 104 102 100 94 94
--------------------------------------------
"The October results for the Monster Employment Index Francemirror the latest findings from the National Institute for Statisticsand Economic Studies (INSEE) which show that French businessconfidence rose to the highest level in eight months during October.This and falling unemployment are adding to signs of recovery inEurope's third-largest economy," said Patrick Pedersen, OperationsDirector for Monster France.
All Occupational Categories Register Increased Online Job Demand
Online recruitment activity for clerks registered the steepestgrowth during October, driven by the IT, transport and logistics,administrative and sales and marketing sectors. This occupationalcategory grew by eleven points, reaching its highest level in Francesince the inception of the Index.
Technicians saw a significant rise in online demand especially inthe sales and marketing sector. The production and manufacturingsector saw a strong growth in demand for both technicians andengineers. This is consistent with rising French industrialproduction, which according to INSEE rose in August at the fastestpace in almost a year.
Professionals saw a solid growth in online job demand driven byrecruitment activity in the IT, sales, production, consulting,environment and accounting sectors. Professionals in the science andengineering sectors also saw online job demand increase significantly.
Skilled agricultural and fishery workers saw a modest increase inonline job demand during October, which can be explained by the factthat September is the end of the harvest season in France.
"We started seeing a pick up in online recruitment activity duringthe latter half of September and this has clearly continued intoOctober," added Pedersen. "Out of all the countries tracked by theMonster Employment Index Europe, France saw the greatest rate ofgrowth during October. Analysts are predicting that the fourth quarterwill be a positive one for France, so it will be interesting to seewhether French businesses begin to feel more confident about hiring inthe coming months."
Oct Sep Aug Jul Jun May Apr Mar Feb Jan Dec
Occupation 05 05 05 05 05 05 05 05 05 05 04
----------------------------------------------------------------------
Legislators,
senior
officials and
managers 99 91 99 111 106 103 105 103 101 98 91
----------------------------------------------------------------------
Professionals 108 99 103 109 105 106 104 102 99 94 94
----------------------------------------------------------------------
Technicians and
associate
professionals 107 97 100 110 105 106 103 101 103 93 95
----------------------------------------------------------------------
Clerks 110 99 105 109 105 103 106 104 98 94 95
----------------------------------------------------------------------
Service workers
and shop and
market sales
workers 110 105 101 109 111 105 101 106 92 97 100
----------------------------------------------------------------------
Skilled
agricultural
and fishery
workers 104 103 100 109 108 105 103 101 102 97 91
----------------------------------------------------------------------
Craft and
related workers 107 105 104 108 108 106 101 104 102 94 94
----------------------------------------------------------------------
Plant and
machine
operators and
assemblers 102 101 103 111 106 106 102 102 102 92 97
----------------------------------------------------------------------
Elementary
occupations 109 91 107 106 95 102 104 106 99 92 98
----------------------------------------------------------------------
Online Job Demand Rises Significantly Across all Regions
All regions in France showed a significant increase in online jobdemand, with the sharpest increase registered in the East region andthe most moderate growth experienced in the Ile de France region.
In the East region, online recruitment activity was driven bydemand for legislators, senior officials and clerks. Sectors seeingthe highest growth in the region include sales, construction, HR andadministration.
In the South West region, the volume of online offers increasedconsiderably for the second month for service and shop workers. Stronggrowth in online job demand was also registered for the construction,science and IT sectors. In the West region, notable growth in onlinerecruitment activity was seen in the construction sector.
The region that saw the most moderate growth, Ile de France, stillregistered strong growth for clerical positions. The sales, marketing,PR and IT sectors also saw strong growth in this region.
Monster Employment Index Europe
The Monster Employment Index saw a solid rise of three points,rising from 110 in September to 113 in October. For the first timesince May 2005, all countries tracked by the Index registered growthof varying degrees. France saw the steepest growth in October, risingten points, followed by the Netherlands and the UK, which both rosethree points during the month. Germany and Sweden registered moderateincreases of one point, after showing solid growth in the previousmonth.
Monster Employment Index Europe results for the past eleven monthsare as follows:
Oct Sep Aug Jul Jun May Apr Mar Feb Jan Dec
05 05 05 05 05 05 05 05 05 05 04
--------------------------------------------
113 110 109 109 108 105 104 103 100 94 94
--------------------------------------------
Oct Sep Aug Jul Jun May Apr Mar Feb Jan Dec
Country 05 05 05 05 05 05 05 05 05 05 04
------------------------------------------------------------
France 108 98 102 110 106 106 104 102 100 94 94
------------------------------------------------------------
Germany 117 116 114 110 109 106 103 102 99 96 93
------------------------------------------------------------
Netherlands 111 108 108 110 107 106 103 103 97 93 97
------------------------------------------------------------
Sweden 99 98 94 98 104 105 101 103 102 91 97
------------------------------------------------------------
United Kingdom 106 103 103 106 104 103 103 104 102 91 97
------------------------------------------------------------
The Monster Employment Index France provides a broad,comprehensive monthly analysis of online job demand in France and iscompiled by Monster Worldwide, the parent company of the leadingglobal online careers and recruitment resource, Monster(R). The Indexis independently audited by ARC Research, a U.S.-based marketresearch, to ensure the accuracy of the data within a margin of errorof +/- 1.05%. The U.S. version of the Monster Employment Index wasfirst introduced in April 2004.
Additional information on the Monster Employment Index France isavailable online at http://euindex.monsterworldwide.com. Visitors cansubscribe to receive the monthly France Index report as well as thebroader Monster Employment Index Europe report in French, English,German or Swedish. Monster Employment Index France data for Novemberwill be released on December 13, 2005.
About Monster Worldwide
Founded in 1967, Monster Worldwide, Inc. is the parent company ofMonster(R), the leading global online careers and recruitmentresource. The company also owns TMP Worldwide, one of the world'slargest Recruitment Advertising agency networks. Headquartered in NewYork with approximately 4,800 employees in 26 countries, MonsterWorldwide (Nasdaq:MNST) is a member of the S&P 500 Index. Moreinformation about Monster Worldwide is available atwww.monsterworldwide.com.
About Monster
Monster(R) is the leading global online careers and recruitmentresource. A division of Monster Worldwide, Monster was founded in 1994and is headquartered in Maynard, Massachusetts, USA. Monster has 26local language and content sites in 24 countries worldwide. Monster isknown for connecting quality job seekers at all levels with leadingemployers across all industries and offers employers innovativetechnology and superior services that give them more control over therecruiting process. More information is available at www.monster.comor by calling 1-800-MONSTER. To learn more about Monster'sindustry-leading employer products and services, please visithttp://recruiter.monster.com.
Special Note: Safe Harbor Statement Under the Private SecuritiesLitigation Reform Act of 1995: Except for historical informationcontained herein, the statements made in this release constituteforward-looking statements within the meaning of Section 27A of theSecurities Act of 1933 and Section 21E of the Securities Exchange Actof 1934. Such forward-looking statements involve certain risks anduncertainties, including statements regarding Monster Worldwide,Inc.'s strategic direction, prospects and future results. Certainfactors, including factors outside of Monster Worldwide's control, maycause actual results to differ materially from those contained in theforward- looking statements, including economic and other conditionsin the markets in which Monster Worldwide operates, risks associatedwith acquisitions, competition, seasonality and the other risksdiscussed in Monster Worldwide's Form 10-K and other filings made withthe Securities and Exchange Commission, which discussions areincorporated in this release by reference.
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