Monster US online jobs index 130 in December

NEW YORK, Jan 6 (BestGrowthStock) – A monthly gauge of online labor
demand in the United States in December edged down from the
previous month, but was 13 percent above the reading from a
year ago, a private research group said on Thursday.

Monster Worldwide Inc (MWW.N: ), an online careers and
recruiting firm, said its employment index fell to 130 points
in December from 134 in November. The current month’s reading
is 13 percent above the 115 mark a year ago.

Labor demand has been especially strong in areas associated
with business investment, including utilities, wholesale trade
and transportation and manufacturing, while public sector
hiring has lagged, Jesse Harriott, a vice president at Monster,
said in an interview.

“There is reason to be optimistic that 2011 will be better
than 2010,” Harriott said.

“There are signs of momentum in pockets of the private
sector as the economy continues to gradually improve,” he said.
“However, state and local government hiring continues to show
signs of a slowdown, with recruitment activity softening
year-on-year.”

The Monster index registered increases in 16 of 20
industries and 16 of 23 occupations monitored in the last
month.

Among occupations, for example, “business and financial
operations” showed the largest increase — 26 percent — due
to “increased demand for accountants and financial analysts
across a wide range of sectors and geographic regions,” Monster
said.

All 28 metro markets monitored saw positive annual growth
in December, while 30 of the 50 states plus the District of
Columbia registered annual increases in job demand.

The report comes ahead of the government’s closely watched
U.S. payroll report on Friday, which is expected to show strong
job growth in December.

The Monster Employment index is a monthly analysis based on
a selection of corporate career sites and job boards. The
margin of error is approximately plus or minus 1 percent.

(Reporting by Edith Honan; Editing by Chizu Nomiyama)

Monster US online jobs index 130 in December