Monster US online jobs index falls 1 pct in August

NEW YORK, Sept 2 (BestGrowthStock) – A monthly gauge of U.S. online
labor demand dropped 1 percent in August, but rose 12 percent
from a year ago, an online recruiting firm said on Thursday.

Monster Worldwide Inc (MWW.N: ) said its employment index
fell to 136 points in August from 138 in July.

The August reading is 12 percent above the 121 mark a year
ago.

“Overall, we’re very positive about where we are today as
an economy compared to a year ago,” said Jeff Quinn, senior
director of research at Monster.com. “We’re slowly progressing
out of the stages of the recession.”

August marked the seventh straight month of year-over-year
growth, since a 25-month decline ended in February, Quinn
said.

The Monster index registered month-to-month increases in
six of 20 industries and five of 23 occupations monitored in
the last month.

Online job demand declined in eight of the nine U.S. census
regions, with only the West South Central region recording a
marginal increase.

There was positive annual growth in all 28 major
metropolitan markets tracked by the index.

The report comes ahead of the U.S. Labor Department’s
release of weekly initial claims for jobless benefits, due
later on Thursday.

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.
(Editing by Leslie Adler)

Monster US online jobs index falls 1 pct in August