19 November 2012
October 2012 Index Highlights:
Monster Employment Index Middle East rises eight percent on an annual basis
Production/Manufacturing, Automotive and Ancillary lead all industry sectors in annual growth
Among occupation groups, Sales and BD exhibit strongest growth year-over-year; followed by Software, Hardware and Telecom occupations
Qatar leads all countries in annual growth followed by UAE
The Monster Employment Index is a monthly gauge of online job posting activity in Middle-East based on a real-time review of tens of thousands of employer job opportunities culled from a large representative selection of career Web sites and online job listings. The Index does not reflect the trend of any one advertiser or source, but is an aggregate measure of the change in job listings across the industry.
"The Monster Employment Index Middle East shows positive YOY growth. However, employers continue to adopt a cautious approach owing to the current global economic scenario," said Sanjay Modi, Managing Director, Monster.com (India/ Middle- East/ South East Asia).
Industry Year-over-Year Trends: Online opportunities exceeded October'11 levels in seven of the 12 industry sectors monitored by the index.
Production/Manufacturing, Automotive and Ancillary (up 26 percent) continued to lead all sectors followed by Hospitality (21 percent)
Retail/Trade and Logistics (up 16 percent), remained amidst the top growth sectors in October
Consumer Goods/ FMCG, Food & Packaged Food , Home Appliance, Garments/ Textiles/ Leather, Gems & Jewellery (down 7 percent) continued to register the steepest annual decline
Occupation Year-over-Year Trends: Seven of 11 occupation groups registered improved online demand over the year
Sales and BD (up 23 percent) led all occupational groups in year-over-year growth
Software, Hardware, Telecom (up 16 percent) and Hospitality and Travel (up 10 percent)saw increased demand over the year
Legal (down 27 percent) professionals continued to register the weakest long-term trend
Geographic Year-over-year Trends: Online opportunities exceeded October'11 level in five of the seven countries monitored by the Index.
KSA Highlights
Online recruitment activity in KSA declines 15 percent from October'11 level
Production/Manufacturing, Automotive and Ancillary (up 10 percent) registers the most notable annual growth
Hospitality and Travel (up nine percent) leads in annual growth amongst the occupation groups
UAE Highlights
UAE registers robust annual growth of 16 percent
Production/Manufacturing, Automotive and Ancillary (up 21 percent) records the most notable growth in online opportunities over the year
Sales and BD (up 10 percent) leads in annual growth amongst the occupation groups
About the Monster Employment Index
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
Natasha Everley
Hill+Knowlton Strategies
+971 50 807 1230
natasha.everley@hkstrategies.com
Click here for more details
© Press Release 2012
October 2012 Index Highlights:
Monster Employment Index Middle East rises eight percent on an annual basis
Production/Manufacturing, Automotive and Ancillary lead all industry sectors in annual growth
Among occupation groups, Sales and BD exhibit strongest growth year-over-year; followed by Software, Hardware and Telecom occupations
Qatar leads all countries in annual growth followed by UAE
The Monster Employment Index is a monthly gauge of online job posting activity in Middle-East based on a real-time review of tens of thousands of employer job opportunities culled from a large representative selection of career Web sites and online job listings. The Index does not reflect the trend of any one advertiser or source, but is an aggregate measure of the change in job listings across the industry.
"The Monster Employment Index Middle East shows positive YOY growth. However, employers continue to adopt a cautious approach owing to the current global economic scenario," said Sanjay Modi, Managing Director, Monster.com (India/ Middle- East/ South East Asia).
Industry Year-over-Year Trends: Online opportunities exceeded October'11 levels in seven of the 12 industry sectors monitored by the index.
Production/Manufacturing, Automotive and Ancillary (up 26 percent) continued to lead all sectors followed by Hospitality (21 percent)
Retail/Trade and Logistics (up 16 percent), remained amidst the top growth sectors in October
Consumer Goods/ FMCG, Food & Packaged Food , Home Appliance, Garments/ Textiles/ Leather, Gems & Jewellery (down 7 percent) continued to register the steepest annual decline
Occupation Year-over-Year Trends: Seven of 11 occupation groups registered improved online demand over the year
Sales and BD (up 23 percent) led all occupational groups in year-over-year growth
Software, Hardware, Telecom (up 16 percent) and Hospitality and Travel (up 10 percent)saw increased demand over the year
Legal (down 27 percent) professionals continued to register the weakest long-term trend
Geographic Year-over-year Trends: Online opportunities exceeded October'11 level in five of the seven countries monitored by the Index.
- Qatar (up 23 percent) followed by UAE (up 16 percent) led all countries in year-over-year growth
- KSA (down 15 percent) registered the steepest decline over the past 12 months
KSA Highlights
Online recruitment activity in KSA declines 15 percent from October'11 level
Production/Manufacturing, Automotive and Ancillary (up 10 percent) registers the most notable annual growth
Hospitality and Travel (up nine percent) leads in annual growth amongst the occupation groups
UAE Highlights
UAE registers robust annual growth of 16 percent
Production/Manufacturing, Automotive and Ancillary (up 21 percent) records the most notable growth in online opportunities over the year
Sales and BD (up 10 percent) leads in annual growth amongst the occupation groups
About the Monster Employment Index
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
Natasha Everley
Hill+Knowlton Strategies
+971 50 807 1230
natasha.everley@hkstrategies.com
Click here for more details
© Press Release 2012
