02 April 2012
February 2012 Index Highlights:
"The Monster Employment Index Middle East continues to show robust online recruitment activity. New emerging sectors like Education and health care along with BFSI, Advertising, Market Research, Public Relations, Media and Entertainment are exhibiting a positive YOY growth trend" said Sanjay Modi, Managing Director, Monster.com (India/Middle East/South East Asia).
Industry Year-over-Year Trends: Online opportunities exceeded February'11 level in 10 of 12 industry sectors monitored by the index.
Education (up 37 percent) was the fastest moving sector by the way of longer-term growth
Healthcare (up 33 percent) and BFSI (up 28 percent)remained amidst the top growth sectors in February
Advertising, Market Research, Public Relations, Media and Entertainment (up 26 percent) exhibited reasonably improved hiring trends over February'11.
Growth momentum in Oil and Gas (down 21 percent) headed further downward
Occupation Year-over-Year Trends: Seven of the 11 occupation groups experienced improved online demand over the year
KSA Highlights
UAE Highlights
Launched in April 2011 with data collected since October 2010, the Monster Employment Index is a broad and comprehensive monthly analysis of online job posting activity in the Middle East conducted by Monster.com. Based on a real-time review of tens of thousands of employer job opportunities culled from a large, representative selection of online career outlets, including Monster Gulf, the Monster Employment Index presents a snapshot of employer online recruitment activity nationwide. The Monster Employment Index's underlying data is validated for accuracy by Research America, Inc. - an independent, third-party auditing firm - to ensure that measured online job recruitment activity is within a margin of error of +/- 1.05%. Monster has taken due care in compiling and processing the data available from various sources for Monster Employment Index, but does not guarantee the accuracy, adequacy or completeness of any information and is not responsible for any errors or omissions or action / decision taken or for the results obtained from the use of such information.
About Monster Worldwide
Monster Worldwide, Inc. (NYSE: MWW - News), parent company of Monster, the premier global online employment solution for more than a decade, strives to inspire people to improve 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. To learn more about Monster's industry-leading products and services, visit www.monster.com. More information about Monster Worldwide is available at http://about-monster.com.
CONTACTS:
Nidhi Madan Verma
Monster India
(91) 956 015 5115
nidhi.verma@monster.com
Stephen Reid
Hill &Knowlton
Phone: 971 50 651 7507
Email: stephen.reid@hillandknowlton.com
Click here for more details
© Press Release 2012
February 2012 Index Highlights:
- Monster Employment Index Middle East rises 14 percent on annual basis
- Education leads all industry sectors in annual growth, while Oil and gas sector records steepest annual decline
- Among occupation groups, Healthcare gains the most momentum; Legal occupations exhibit negative annual growth
- KSA leads all countries in long-term expansion
"The Monster Employment Index Middle East continues to show robust online recruitment activity. New emerging sectors like Education and health care along with BFSI, Advertising, Market Research, Public Relations, Media and Entertainment are exhibiting a positive YOY growth trend" said Sanjay Modi, Managing Director, Monster.com (India/Middle East/South East Asia).
Industry Year-over-Year Trends: Online opportunities exceeded February'11 level in 10 of 12 industry sectors monitored by the index.
Education (up 37 percent) was the fastest moving sector by the way of longer-term growth
Healthcare (up 33 percent) and BFSI (up 28 percent)remained amidst the top growth sectors in February
Advertising, Market Research, Public Relations, Media and Entertainment (up 26 percent) exhibited reasonably improved hiring trends over February'11.
Growth momentum in Oil and Gas (down 21 percent) headed further downward
Occupation Year-over-Year Trends: Seven of the 11 occupation groups experienced improved online demand over the year
- Healthcare (up 55 percent) professionals witnessed fastest growth in demand between February'11 and February'12
- HR & Admin (up 37 percent); and Sales and BD (up 29 percent) continued to remain among the top trending occupations
- Legal (down 24 percent) professional registered the most significant year-over-year decline
- KSA (up 47 percent) followed by Egypt (up 31%) led all countries in annual growth.
- Oman (down 18 percent) recorded the most notable drop in online recruitment activity between February'11 and February'12
KSA Highlights
- KSA registers 47 percent year-on-year growth
- Hospitality continues to lead all sectors in the annual growth
- Sales and BD followed by Marketing & Communications/Arts/Creative record the strongest annual growth in demand among occupations
UAE Highlights
- UAE registers 13 percent annual decline in February'12
- Education tops the annual growth chart amongst industry sectors
- Healthcare leads in annual growth among occupational groups.
Launched in April 2011 with data collected since October 2010, the Monster Employment Index is a broad and comprehensive monthly analysis of online job posting activity in the Middle East conducted by Monster.com. Based on a real-time review of tens of thousands of employer job opportunities culled from a large, representative selection of online career outlets, including Monster Gulf, the Monster Employment Index presents a snapshot of employer online recruitment activity nationwide. The Monster Employment Index's underlying data is validated for accuracy by Research America, Inc. - an independent, third-party auditing firm - to ensure that measured online job recruitment activity is within a margin of error of +/- 1.05%. Monster has taken due care in compiling and processing the data available from various sources for Monster Employment Index, but does not guarantee the accuracy, adequacy or completeness of any information and is not responsible for any errors or omissions or action / decision taken or for the results obtained from the use of such information.
About Monster Worldwide
Monster Worldwide, Inc. (NYSE: MWW - News), parent company of Monster, the premier global online employment solution for more than a decade, strives to inspire people to improve 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. To learn more about Monster's industry-leading products and services, visit www.monster.com. More information about Monster Worldwide is available at http://about-monster.com.
CONTACTS:
Nidhi Madan Verma
Monster India
(91) 956 015 5115
nidhi.verma@monster.com
Stephen Reid
Hill &Knowlton
Phone: 971 50 651 7507
Email: stephen.reid@hillandknowlton.com
Click here for more details
© Press Release 2012
