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March 15, 2010 Monday
LENGTH: 355 words
HEADLINE: Monster: Hiring Activity Resumes
The Monster Employment Index rose by ten points in February, as employers resumed hiring activity after January’s seasonal lull.According to a release, during February, online job availability rose in 15 of the Index’s 20 industry sectors and in 19 of the 23 occupational categories monitored. The Index was up 2 percent year-on-year, for the first time since December 2007. The Index is a monthly gauge of U.S. online job demand based on a real-time review of employer job opportunities culled from corporate career Web sites and job boards, including Monster.com. All 50 states and the District increased online job opportunities in February led by Nebraska. Oregon experienced the mildest rise. Mississippi led all states in growth, followed by Michigan and Indiana. “Although some of the increase in the February Index can be attributed to seasonality, a rise in hiring for sectors like manufacturing, transportation and wholesale trade offers an encouraging sign of increased investment and business activity,” said Jesse Harriott, senior vice president and chief knowledge officer at Monster Worldwide. “The fact that we are seeing a year-over-year increase in the Index may be an early indication that companies are stepping up recruiting efforts and will begin hiring again”Sales and related led all occupational categories with a 13 percent annual rise. Information led all industries with a 13-point gain and is now at its highest level since December 2008. The finance and insurance industry saw a 6-point rise, but remains down on a year-over-year basis. Professional, scientific, and technical services also saw an increase. Wholesale trade; and transportation and warehousing stepped up online recruitment. Arts, entertainment, and recreation; and retail trade saw a seasonal decline. Utilities and construction were in decline. Demand for occupations related to education, protective service and farming dipped.Monster Worldwide, parent company of Monster, is an online employment solution.Report information: http://about-monster.com/employment-index ((Comments on this story may be sent to newsdesk@closeupmedia.com))
LOAD-DATE: March 14, 2010
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